The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has emphasised the need for innovative financing models, blended finance and stronger private sector participation to unlock Africa’s gas potential.Continue Reading
By Muhyideen Jimoh President Bola Tinubu has approved the expansion of the Presidential Initiative on Compressed Natural Gas (PiCNG) to include electric vehicles (EVs). With the approval, the initiative will now be known as the Presidential Initiative on Compressed Natural Gas and Electric Vehicles (PiCNG & EV). The expanded mandateContinue Reading
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has signed a Petroleum Exploration Licence (PEL) No 5 agreement with SeaSeisGeophysical Limited (SeaSeis), to boost Nigeria’s offshore exploration.Continue Reading
The Petroleum Technology Development Fund (PTDF) has officially commenced its Ph.D Split-Site programme at the College of Petroleum and Energy Studies (CPESK), Kaduna, inducting 43 candidates for full scholarship.Continue Reading
The National Universities Commission (NUC) says it is expanding academic programmes in emerging fields such as energy science and data science to equip graduates with future-ready skills.Continue Reading
During the Gulf War which took place between Aug. 2, 1990 and Feb. 28, 1991, Nigeria reportedly earned an oil windfall of approximately 12.2 billion dollars to 12.4 billion dollars in additional oil revenue.Continue Reading
By Joan Nwagwu The Nigeria Labour Congress (NLC) has called for government’s intervention to address the surge in petrol prices between N1,170 and N1,300 per litre across the country. The call is contained in a statement signed by Mr Joe Ajaero, President of the NLC. Ajaero said the rising costContinue Reading
By Muhyideen Jimoh President Bola Tinubu has directed the Presidential Compressed Natural Gas Initiative (PCNGi) to deploy about 100,000 vehicle conversion kits nationwide. The directive is aimed at expanding access to Compressed Natural Gas (CNG) as a cheaper and cleaner alternative to petrol. The Executive Chairman of PCNGi, Mr IsmaelContinue Reading
The Presidential Initiative on Compressed Natural Gas and Electric Vehicles (Pi-CNG & EV) has announced plans to accelerate the nationwide adoption of CNG and electric-powered transportation.Continue Reading
President Bola Tinubu has approved a targeted fiscal incentive designed to unlock the long awaited Final Investment Decision (FID) on the Bonga Southwest Aparo (BSWA) deepwater project.Continue Reading
