NNPC Ltd’s Group CEO, Bayo Ojulari, reiterated the corporation’s utmost commitment to ramping up the nation’s crude oil production in line with President Ahmed Bola Tinubu’s directives through collaborative alliances with relevant corporate bodies and organizations such as Wood Mackenzie. Mr. Ojulari expressed this corporation’s ambitious goal when the Wood Mackenzie CEO Jason Liu and […]

A bid to harness Nigerian abundant gas reserves through numerous gas utilization projects such as the UTM Floating Liquefied Natural Gas project is gradually taken a critical center stage in the global gas investment space spurs by the Nigeria relentless commitment to commercialize her offshore stranded gas to economic oriented product. At forefront of this […]

Renaissance Africa Energy Company Limited has disclosed that the company has isolated its 14-inch crude oil production pipeline that was severed by the recent vandals’ activities. The pipeline facility situated at Okordia–Rumuekpe in Ikata, Ahoada East Local Government Area of Rivers State was reportedly confirmed to be spilling crude oil into the community. According to Mr. […]

ExxonMobil has affirmed its long-term commitment to Nigeria’s oil and gas sector with a planned investment of 1.5 billion dollars in deepwater exploration and development. This significant financial commitment, which will be implemented between Q2, 2025 – 2027 focuses on revitalizing production in the Usan deepwater oil field. The company proposed FID in late Q3 […]

The Group CEO of NNPC Ltd., Mr. Bashir Bayo Ojulari has described the floating of Africa Energy Bank as a veritable and crucial step towards ramping up the current Nigerian crude oil production level. Mr. Oulari made these frantic remarks when he received H.E. Dr. Omar Farouk Ibrahim, Secretary General of the African Petroleum Producers’ […]

Petroleum industry regulators on the African continent, under the auspices of the African Petroleum Regulators Forum (AFRIPERF), have brought to the fore an agenda for cooperation, investment, and economic development in the African petroleum sector. The forum, during its third meeting held virtually and attended by 17 member nations, was chaired by the interim chairman, […]

The quest of the present administration of President Ahmed Bola Tinubu to instill a robust, enabling economic environment through massive gas utilization projects has undoubtedly taken significant and strategic positions across the nation. The recent strategic investment alliance between the government of Delta State and a Nigerian Indigenous company Xenergi Limited, is one of various […]

A delegation from the Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday visited MT Valves West Africa Free Zone at Lekki Free Zone, Lagos, to assess the firm’s operations and plans to invest in 15,000 tons per year valves manufacturing facility. The company is a subsidiary of MT Group, a global manufacturer of industrial […]

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), through its Exploration and Acreage Management Department, convened an industry wide stakeholder meeting to advance its Deep Play Exploration Drilling initiative. Aimed at proposing an incentive based framework, the meeting seeks to encourage deeper hydrocarbon exploration efforts in a bid to unlock untapped reserves and support Nigeria’s national […]

…through the integration of advanced technologies, robust policy implementation, and resilient supply chain strategies. The Society of Petroleum Engineers (SPE) Nigeria Council has called for technology, policy, and supply chain optimization in energy sector. In her welcome address at the Oloibiri Lecture Series and Energy Forum (OLEF 2025) held in Abuja, the Chairman of SPE […]