By Emmanuella Anokam The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has signed a Production Sharing Contract (PSC) for Petroleum Prospecting Licences 2000 and 2001 with NNPC Limited and the TotalEnergies–Sapetro Consortium. Speaking at the signing ceremony on Monday in Abuja, NUPRC Chief Executive, Mr Gbenga Komolafe, described the agreement asContinue Reading
By Deborah Coker Prof. Benjamin Okaba, Global President, Ijaw National Congress (INC), says the main challenge facing the nation’s oil industry is poor execution rather than dearth of policies. Okaba said this in a paper he presented at the GbaramatuVoice 10th Anniversary Lecture and Night of Honour, held in Abuja.Continue Reading
By Jessica Dogo The Chief of Defence Staff (CDS), Gen. Christopher Musa, has pledged the Nigerian military’s support to the South-South Development Commission (SSDC) in securing oil and gas facilities in the region. Musa made the pledge when a delegation of the SSDC paid a courtesy visit to him atContinue Reading
Investment By Joan Nwagwu The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has cautioned that ongoing policy instability is discouraging investment in Nigeria’s oil and gas sector. Mr Festus Osifo, President of PENGASSAN, raised the concern on Wednesday at the opening of the 4th Petroleum and EnergyContinue Reading
By Emmanuella Anokam President Bola Tinubu has commissioned a 40,000 cubic metre (CBM) Liquefied Petroleum Gas (LPG) vessel, christened “MT Iyaloja (Lagos),” in Ulsan, South Korea to deepen LPG availability and affordability. The President, at the commissioning of the 40,000 CBM LPG vessel on Monday, said Nigeria was poised toContinue Reading
By Isaiah Eka An NGO, Connected Development (CODE), has trained members of Host Community Development Trust (HCDT) in Akwa Ibom on effective projects and funds management techniques. The one-day workshop, which aimed to equip members of HCDT in Akwa Ibom with project management and development skills, was organised in collaborationContinue Reading
By Nana Hauwa Musa The National President, Natural Oil and Gas Suppliers Association of Nigeria (NOGASA), Mr Bennett Okorie, has directed members to resume petroleum supply to telecom tower managers, IHS. Okorie disclosed this during a news conference in Abuja on Saturday. He said the union had earlier instructed membersContinue Reading
By Diana Omueza The National Oil Spill Detection and Response Agency (NOSDRA) is collaborating with the European Union in the areas of oil spill response and environmental protection in the country’s oil-producing regions This followed a bold step toward international partnership following a strategic engagement meeting with the European UnionContinue Reading
By Emmanuella Anokam The Federal Government says it has mapped out plans to ensure an increase of about 810,000 barrels per day (bpd) of crude oil from the country’s deepwater oil fields through a new cluster and nodal development initiative. Mr Gbenga Komolafe, Commission Chief Executive (CCE), Nigerian Upstream PetroleumContinue Reading
By Lucy Ogalue The Federal Government has unveiled new National Occupational Standards (NOS) for Compressed Natural Gas (CNG) and Electric Vehicles (EVs) as part of efforts to reposition Nigeria’s automotive sector. The initiative also aims to create jobs and promote a greener economy. Minister of State for Industry, Trade andContinue Reading
