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By Emmanuella Anokam A University Don, Olanrewaju Aladeitan, says before removal of the fuel subsidy, it is expected that ideal things, including fixing the refineries to be functional, should be done for optimal benefit. The lecturer warned that the removal of subsidy on Premium Motor Spirit (PMS), called fuel, withoutContinue Reading

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By Yusuf Yunus The Nigerian Upstream Downstream Regulatory Commission (NUPRC) says the Federal Government has concluded plans to explore alternative funding models for development of the country’s oil and gas resources. Mr Gbenga Komolafe, the Commission Chief Executive of NUPRC, said this on Monday during the opening ceremony of theContinue Reading

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    By Yusuf Yunus The Nigerian Upstream Downstream Regulatory Commission (NUPRC) says it will recommend for an establishment of ‘African forum of regulators’, to benchmark and standardise regulatory framework in the upstream oil and gas sector across the states of African nation. Mr Gbenga Komolafe, the Commission Chief Executive ofContinue Reading

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By Emmanuella Anokam TotalEnergies E&P Nigeria Ltd. has described its Industry Revolution Award at the Nigeria International Energy Summit (NIES 2023) as a testament to the company’s commitment to the sustainable development of Nigeria. Dr Charles Ebereonwu, TotalEnergies Country Communication Manager, said this on Saturday in an interview with theContinue Reading

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By Emmanuella Anokam The Federal Government says it is considering how best to achieve subsidy removal without disrupting livelihoods in Nigeria. Amb. Gabriel Aduda, Permanent Secretary, Ministry of Petroleum Resources, said this while briefing newsmen on Thursday at the end of the Nigeria International Energy Summit (NIES 2023). He saidContinue Reading