The Nigerian Content Development and Monitoring Board (NCDMB), has floated a $40 million Women in Oil and Gas Intervention Fund in partnership with the Nigerian Export-Import Bank (NEXIM). The Executive Secretary of the Board, Mr. Felix Omatshola Ogbe, said the…
NAPE 2024: NCDMB Introduces Back to the Creeks Initiative – To Tackle Pipeline Sabotage and Crude Oil Theft
The NCDMB today announced the upcoming introduction of a policy “Back to the Creeks Initiative”, which is one of the strategies of the NCDMB to tackle increasing pipeline vandalism, and combat crude oil theft. The policy was announced at the…
NUPRC Pushes for 250M Cubic Feet Gas Flare Capture to Slash Emissions, Sets 2 Million BPD Goal for Energy Security
“Nigeria’s Crude Output Now At 1.8 Million Bpd” – Komolafe Engr. Gbenga Komolafe, Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has called for a collaborative approach to tackling Nigeria’s energy trilemma—balancing energy security, affordability, and sustainability. Speaking…
Cross-sector Collaboration Will Lead To Achieving African Energy Security – Anim
The Managing Director of Platform Petroleum, Engr. John Anim, has underscored the urgent need for Africa to build a self-sufficient and sustainable energy future. In his speech titled “Achieving African Energy Security – The Critical Role of Cross-Sector Collaboration,” during…
Heirs Energies CEO Spotlights Africa’s Energy Future with Innovative Solutions at African Energy Week 2024
Heirs Energies, Africa’s premier integrated energy company, made a powerful impact at the African Energy Week (AEW) 2024, held from November 4-8, 2024 in Cape Town, South Africa. Bringing together global energy leaders, AEW 2024 focused on advancing Africa’s path…
Millennium Oil, Saltspring strike carbon credit deal
Indigenous oil and gas producers, Millennium Oil and Gas Company Limited (MOGCL) have entered into a collaborative arrangement with American energy solutions provider, Saltspring Energy LLC, to decarbonize operations at the Oza oilfield. The agreement seeks to harness flare gas…
NNPCL Disowns Claim of Adulterated Fuel Sales in Bottles and Jerrycans From Its Retail Outlet
The Nigerian National Petroleum Company Limited (NNPC Ltd) has issued a disclaimer regarding a video circulating online, in which an individual pours a dark liquid claimed to be Premium Motor Spirit (PMS), allegedly purchased from an NNPC Retail outlet at…
ADIPEC 2024: NNPC Calls for Stronger Collaboration and Transparency to Drive Decarbonization Efforts
The Nigerian National Petroleum Company (NNPC) Ltd has emphasized the need for stronger collaboration and transparency to accelerate carbon reduction across the oil and gas value chain, as parties within the global energy sector aim for net-zero emissions by 2050.…
“Komolafe Denies N32bn Revenue Leakage, Highlights NUPRC’s Transparency and Investor Confidence”
Engr. Gbenga Komolafe, the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has firmly refuted allegations of a N32 billion revenue leakage within the commission. Testifying before the House of Representatives Public Accounts Committee, Komolafe clarified that NUPRC…
Heirs Energies CEO to Highlight African Energy Leadership at African Energy Week 2024
Heirs Energies, a leading integrated energy company in Africa, announces its participation in the prestigious African Energy Week (AEW) 2024, taking place from November 4-8 in Cape Town, South Africa. Osa Igiehon, CEO of Heirs Energies, will represent the company…