New Licensing Round: Era of Frontloaded Huge Oil Signature Bonuses Over, Says Komolafe

•Pledges to conduct fair, transparent bids  •Exercise to last nine months Chigozie Amadi The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday disclosed that the era of collecting...

LPG Penetration Gets Boost as $25m Triansel Gas Terminal Reaches 90% Completion

Chigozie Amadi With project construction now at 90 per cent completion level, the 156,000 metric tons per annum Triansel Gas Limited’s Liquefied Petroleum Gas (LPG)...

Oil Industry Stakeholders to Brainstorm on Energy Demand at NOG 2024

Oil Industry Stakeholders to Brainstorm on Energy Demand at NOG 2024 Chigozie Amadi To drive progress in Sub-Saharan Africa’s energy market, energy stakeholders, government officials, regulators,...

Shell to Build Gas Distribution Infrastructure in Oyo, Signs 20-year Deal

Chigozie Amadi Shell Nigeria Gas (SNG) and the Oyo State Government have signed an agreement to develop a gas supply and distribution infrastructure that will...

Bagudu: FG Committed to Energy Transition Despite Economic Challenges

Bagudu: FG Committed to Energy Transition Despite Economic Challenges Chigozie  Amadi The Minister of Budget and Economic Planning, Senator Abubakar Bagudu, has said despite the difficult...

NERC reduces electricity tariff hike, Nigerians demand total reversal

NERC reduces electricity tariff hike, Nigerians demand total reversal Chigozie  Amadi The Nigerian Electricity Regulatory Commission (NERC) has reviewed downwards its recently hiked electricity tariff citing...

OPEC+ likely to extend production cuts in June

OPEC+ likely to extend production cuts in June Chigozie  Amadi Saudi Arabia and its allies in OPEC+ are likely to keep oil production unchanged for a...

Oil edges up Tuesday after Israel strikes Gaza, while truce talks continue

Oil edges up Tuesday after Israel strikes Gaza, while truce talks continue Chigozie Amadi Oil prices ticked up early on Tuesday after Israel struck Rafah in...

Seplat Energy bags Daily Independent’s Indigenous Oil & Gas Company of the Year

Seplat Energy bags Daily Independent’s Indigenous Oil & Gas Company of the Year Chigozie Amadi Photo caption from left: Publisher, The Niche Newspaper, Ikechukwu Amaechi; General...

Oil, gas investment remains quickest economic recovery for Nigeria- Minister

Oil, gas investment remains quickest economic recovery for Nigeria- Minister By Chigozie  Amadi Mr Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), says the quickest...
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