…. Says PIA will enhance success of Nigeria’s bidding round The Petroleum Technology Association of Nigeria (PETAN) has affirmed the association is committed to entering into partnerships with various stakeholders in the energy sector for sustainable economic development of…
$1.09 billion paid by Shell Nigeria in taxes, royalties in 2023
Shell Nigeria exclusively paid a total of $1.09 billion in corporate taxes and royalties to the government of Nigeria last year through the operations of The Shell Petroleum Development Company of Nigeria Ltd (SPDC) and Shell Nigeria Exploration and Production Company of…
OTC 2024: Nigerian Government pledges conducive investment environment for investors
… As Minister applauds PETAN for providing platform for Nigerian companies to showcase their businesses to the world The Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Commission Chief Executive,…
IOCs Divestment: HEDA Urges NUPRC on Strict Compliance with Oil Divestment Conditions
Following the commencement of the evaluation of divestment processes of onshore assets by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Human and Environmental Development Agenda (HEDA Resource Centre) has emphasized the importance of strict compliance with divestment conditions by…
Ekpo visists site of gas truck accident in Ogun State; seeks more investment in end user gas pipelines
Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, today visited the site of the gas explosion at Ita Oshin in Abeokuta, Ogun State, where there was a loss of life and destruction of property, as a truck conveying…
Energy Correspondents Association call on Energy Sector stakeholders; release date, theme for 2024 International Energy Conference
“We are raising the bar, focusing on solutions to energy transition, gas-to-power conundrums, underscoring Nigeria’s energy prosperity,” Top energy industry leaders and experts are expected to converge in Lagos on October 3, 2024, at the Association of Energy Correspondents of…
OTC 2024: Nigeria, Others to Discuss Regional Investments Opportunities, Collaboration
New House International leads SME trade delegation to OTC 2024 African oil and gas executives alongside Small and Medium Enterprises (SMEs) operators are set to discuss opportunities and collaborations for investment in the industry at the 2024 Offshore Technology…
Trident Energy’s Republic of Congo Oil Field Acquisition Lauded as Significant Step Forward
The African Energy Chamber applauds Trident Energy’s recent agreements with Chevron and TotalEnergies, which are poised to mark a significant advancement for the Republic of Congo in the development of its oil resources Oil and Gas company, Trident Energy, has…
NNPC Ltd Says Cause of Tightness in Fuel Supply Resolved
The Nigerian National Petroleum Company Limited (NNPC Ltd) wishes to clarify that the tightness in the supply of Premium Motor Spirit currently being experienced in some areas across the country is as a result of logistics issues and that they…