Ojulari pledges to attract bn investments, raise 3mbpd crude production by 2030

By Emmanuella Anokam Mr Bashir Ojulari, new Group Chief Executive Officer, Nigerian National Petroleum Company Limited (NNPC Ltd.), has pledged to attract sectoral investments worth 30 billion dollars and 60 billion dollars by 2027 and 2030 respectively. Ojulari said the company, under his stewardship, would raise crude oil production toContinue Reading

Align operations, investments with PIA framework for efficiency – SPE

By Emmanuella Anokam The Society of Petroleum Engineers (SPE), Nigeria Council, has underscored the need to align operations and investments within the Petroleum Industry Act (PIA 2021) framework, to ensure the sector’s transparency, efficiency and investors’ confidence. Dr Amina Danmadami, Chairman SPE, Nigeria Council, made this known on Thursday inContinue Reading

AI, digitisation, advanced analytics redefining entire energy value chain – NNPC

By Emmanuella Anokam The Nigerian National Petroleum Company Limited (NNPC Ltd.) says digitisation, automation, Artificial Intelligence (AI) and advanced analytics are redefining the entire energy value chain. Mr Bayo Ojulari, Group Chief Executive Officer, NNPC Ltd. said this in Abuja at the Society of Petroleum Engineers (SPE) Nigeria Council’s 2025Continue Reading

Renaissance Energy assumes Shell’s liabilities, Says NOSDRA

By Diana Omueza The National Oil Spill Detection and Response Agency (NOSDRA) confirmed Shell’s liabilities will transfer to Renaissance Africa Energy after its acquisition of SPDC. NOSDRA Director-General, Mr Chukwuemeka Woke, stated this on Wednesday in Abuja during a visit by Renaissance Africa Energy’s Managing Director, Tony Attah. Renaissance, aContinue Reading

P-CNGi, LNG Arete sign pact for .3m gas plant project

Emmanuella Anokam The Presidential Compressed Natural Gas Initiative (P-CNGi) and LNG Arete Ltd. have signed a Memorandum of Understanding (MoU) on $27.3 million gas plant project to boost CNG infrastructure investment, expansion and availability. The Programme Director/Chief Executive Officer, P-CNGi, Mr Michael Oluwagbemi, said the partnership aimed at constructing aContinue Reading