Plans by the Federal Government to end gas flaring through a commercialisation arrangement has remained in limbo as the global price of natural gas witnessed over 60 per cent increase.
Oil major, TotalEnergies, has restated the firm’s commitment to youth empowerment in a bid to realise Sustainable Development Goals (SDGs) and address rising poverty in the country.
The G20 will discuss a phase out of coal from power generation at the next leaders' summit in October as a small number of countries resist setting a date for coal burn to end.
To avoid situations where oil assets are left idle without necessary contributions to the federation account, stakeholders have charged the Federal Government to enforce the drill or drop clause in the Petroleum Industry Bill (PIB).
The Minister of State Petroleum Resources, Chief Timipre Sylva has stated that Nigeria’s membership of the Organisation of Oil Exporting Countries (OPEC) has provided critical benefits, especially in the last 50 years.
With its growing petroleum products demands and huge population growth over the next two decades, Africa must first focus on cleaner transport and cooking fuels to reduce air pollution and avert public health issues before embarking on global Net Zero Emissions...
Despite prevailing challenges, the Central Bank of Nigeria (CBN), has in the past seven years spent over N1.5 trillion to keep the nation’s power sector from collapse.
Oil markets will tighten "significantly" if the OPEC+ stalemate continues, the IEA has said. According to the IEA, until the group reaches
Minister of Mines and Steel Development, Olamilekan Adebgite, Executive Secretary, Nigeria Extractive Industries Transparency Initiative (NEITI), Orji Ogbonnaya Orji, and other stakeholders
The Transmission Company of Nigeria, (TCN) and World Bank have said unless the capacity of the workforce in the power sector is improved, achieving projected development in the industry
Green Energy International Limited (GEIL), a leading oil and gas development company and the Operator of the Otakikpo marginal field has successfully negotiated and signed a new ‘’Memorandum of Understanding’’ (MoU) with one of its host community; The Ikuru Town Community. The MOU signing ceremony was witnessed and endorsed by the Rivers State Government representatives,…
The Oil and Gas Service Providers Association of Nigeria, OGSPAN, has urged the Federal Government not to impose the Value Added Tax (VAT) on Liquefied Petroleum Gas (LPG), otherwise known as cooking gas.