In business strategy, competitive advantage is a commercial entity’s capacity to outperform rivals within its industry segment, by consistently delivering superior offerings, products, and return on investments to shareholders. This implies, the ability to innovate, exploit first mover advantages in research and development including Artificial Intelligence; optimise value chains; gain market share; whilst ensuring the…

Announcement by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) recently that 42 indigenous oil and gas companies have emerged as winners of 49 flare sites in the 2022 Nigerian Gas Flare Commercialisation Programme (NGFCP) bid process is heartwarming. It comes after approximately seven years of developing the NGFCP, the first of its kind in the…

Concerned by the devastating effects of gas flaring, environmental degradation and other effects of oil exploration in the Niger Delta, some Civil Society Organisations (CSOs) and environmental activists have demanded immediate action by the government and multinationals to curb climate change.

Nigerian National Petroleum Company Limited (NNPCL), Shell, ExxonMobil, Chevron, Total and other oil companies operating in the country flared about $3.9 billion (about N3 trillion) worth of gas in the last four years...

Most literate Nigerians have heard or read about gas flaring but it may not mean much to them. Some of them may know that gas flaring is done in the oil producing states of the country but they may not know what it means to Nigeria or Nigerians who live in those areas.

Multinational oil and gas companies operating in Nigeria flared over 92 million standard cubic feet of gas, worth an estimated N150.8 billion, between January and April 2023.