Federal Government has taken a significant step towards tackling oil theft and boosting crude oil production by creating 37 new evacuation routes for crude oil. According to the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr. Gbenga Komolafe, the new routes will help curb theft and...
oil and gas
Managing Director, Shell Nigeria Exploration and Production Company Ltd (SNEPCo) Ronald Adams, announced on Wednesday the company would continue to explore opportunities to invest in Nigeria as the country aims to achieve energy abundance. Speaking at a panel session at the 2025 Nigeria Oil and Gas Conference in Abuja,...
Nigeria’s current oil production stands at 1.745 million barrels per day (bpd), with a target to hit 2 million bpd by the end of 2025, Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has said. Lokpobiri made this known while declaring the 2025 Nigeria Oil and Gas (NOG)...
By OLA MODUPE, Lagos- Country Chair, Shell Companies in Nigeria, Osagie Okunbor who retires at the end of this month, has been commended for his role and record in the development of the oil and gas industry, especially the growth of Nigerian content and impactful social investments in communities...
Renaissance Africa Energy Company Limited has rallied the support of nearly 500 chief executive officers and business leaders, all of whom are registered vendors with the company, in a bold push to accelerate oil and gas production in Nigeria. This commitment was sealed at the 2025 “Leaders and Contractors...
By MBAFAN ADE, Abuja- The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced significant progress in attracting investments in Nigeria’s upstream oil and gas sector, as showcased at the recent Nigeria-China Sustainable Bilateral Business, Trade, and Investment Summit, which held in Lagos during the week. This landmark event brought...
By JOY ADARA, Abuja- The Country Chairman of Shell Companies Nigeria, Mr. Osagie Okunbor, is set to retire this month after 39 years of dedicated service. The announcement was made by the company’s Communications Manager, Mrs. Gladys Afam-Anadu, who disclosed that a pre-retirement event had commenced on Tuesday in...
Vice-President Kashim Shettima has said Nigeria is pursuing a $25 billion undersea gas pipeline project aimed at supplying natural gas to Europe through the West African coastline. Shettima disclosed this on Monday during a meeting with Vitol Group, the world’s largest independent commodity trader, at the Presidential Villa in...
Niger State Governor, Umar Bago has called for partnership with the Dangote Group in the exploration and development of the discovered crude oil blocks in Niger State’s Bida Basin. Bago said that the group would significantly contribute to the exploration project with its proven expertise in the energy sector...
The Presidency says Nigeria’s 209 trillion cubic feet of proven gas reserves have been positioned as the nation’s key asset for energy transition and economy diversification. Special Adviser to President Bola Tinubu on Energy, Mrs Olu Verheijen, stated this in an interview with the News Agency of Nigeria (NAN)...
The shutdown of the Unit 10 of the Port Harcourt Refinery should serve as a wake-up call to building long-term capacities and ensuring sustainability in the management and execution of refinery projects. A lawyer and engineer, Mr Patrick Edward, gave the advice on Thursday in an interview with the...
By BARBARA KALU, Port Harcourt – Shell Nigeria Exploration and Production Company Ltd (SNEPCo) says Nigerian companies have a lot to benefit if they are prepared to take advantage of more opportunities in its offshore and shallow water oil and gas projects. Managing Director of SNEPCo, Ronald Adams, stated...
By the twilight of 2024, Nigeria had achieved 56 percent local content participation in the oil and gas sector. Data from the Nigerian Content Development and Monitoring Board, NCDMB, tells the story. This represents a massive leap forward but octogenarian Dan Etete, the hero of this turnaround in the...
The Federal Government on Wednesday directed the management of the Nigerian National Petroleum Company Ltd. (NNPCL) to increase oil production beyond current levels by the end of the year. The Minister of State for Petroleum Resources (Oil), Mr Heineken Lokpobiri, said this in an interview with the News Agency...
Petroleum Technology Association of Nigeria (PETAN) says its consistent presence at the Offshore Technology Conference (OTC) has spurred over eight billion dollars in investments for Nigeria’s oil and gas sector. Its Chairman, Mr Wole Ogunsanya, disclosed this on Tuesday during the PETAN Luncheon and Panel Session held at the...
Nigerian government has called for decisive and unified action to unlock the country’s vast natural gas reserves. Minister of State for Petroleum Resources (Gas), Mr Ekperikpe Ekpo, disclosed this while delivering a keynote address at the ongoing Offshore Technology Conference hosted by Petroleum Technology Association of Nigeria (PETAN) on...
Seplat Energy Plc has said it is increasing domestic gas supply in Nigeria by installing over 850 million standard cubic feet per day (MMscfd) of infrastructure. Chief Operating Officer, Mr Samson Ezugworie, stated on Sunday that the company is working diligently to address Nigeria’s persistent energy poverty. Ezugworie confirmed...
The Nigerian Gas Association (NGA) has said the gas sector has attracted more than five billion dollars in new investments as at 2024. President of the NGA, Mr Akachukwu Nwokedi, disclosed this during a news conference on Saturday in Lagos, ahead of the 29th World Gas Conference (WGC 2025)...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Friday said that the nation’s crude oil reserves stood at 37.28 billion barrels (bb) as at Jan. 1, 2025. The commission also said that Nigeria’s gas reserves hit 210.54 trillion Cubic Feet (tcf). Mr Gbenga Komolafe, Commission Chief Executive, NUPRC, who...
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, a consortium of...