Olamilekan Adegbite is Nigeria’s Minister of Solid Minerals and Steel Development. At an interactive session with journalists in Lagos, he spoke about resistance by state governments to contribute revenues
IEA tasks IoCs on acceleration of energy transition efforts
The International Energy Agency (IEA) has called on oil and gas companies to accelerate efforts to help the transition to cleaner energies, while at the same time conceding
NNPC seeks stakeholders support on pipelines, assets’ protection
The Nigerian National Petroleum Corporation (NNPC) has called for the support of traditional rulers and other stakeholders to curb oil theft and resulting incidents of pipeline fires.
‘Average power supply to Nigerian homes still inadequate at 9hrs/day’
The new power poll released by NOIPolls for the fourth quarter (Q4) of 2019 has revealed that power supply to Nigerian households experienced a marginal increase
Politics, intrigues and dilemma in power sector’s coordination, policies
About two weeks ago, the Minister of Power, Sale Mamman ordered the suspension of the Managing Director of the Rural Electrification Agency (REA), Damilola Ogunbiyi and asked for the immediate stepping down of the Managing Director of the Nigerian...
Barkindo hopeful of sustained OPEC+ partnership for oil market balance
OPEC+ members will remain united in their stewardship of the oil market, whether or not their current production cuts are extended beyond their currently scheduled March expiry, OPEC Secretary General Mohammed Barkindo said Monday.
More for less: The agony of Nigerian electricity consumers
Since the privatisation of the power assets, it has been series of blame game between operators and lamentation of losses with quest to increase tariff without necessarily improving the quality of service.
‘Why government is committed to completion of modular refineries’
The Minister of State for Petroleum Resources, Timipre Sylva has disclosed that the modular refinery by Waltersmith located in Imo State, has advanced to a completion stage of over 90 per cent, stressing that the development would improve....
FDI in gas: A dreamer’s perspective
Nigeria being Africa largest Oil producer is a fact many around the world are familiar with and in spite of the many challenges in the industry, this fact remains and at 202 trillion scf of proven natural gas reserves and another 600 trillion ....
‘Urgent, holistic legal reform needed in Nigeria's oil, gas sector’
A Professor of Law and Director, Institute for Oil, Gas, Energy, Environment and Sustainable Development (OGEES Institute), Afe Babalola University, Ado Ekiti, Damilola Olawuyi has said most of the legal framework in the nation’s....