Nigeria’s Gas Reserves, A Tool for Economic Transformation
The Presidency has stated that Nigeria’s 209 trillion cubic feet of proven gas reserves are being strategically positioned as a key asset to enable Nigeria achieve its energy transition and economic diversification goals. Speaking during a recent interview with News Agency of Nigeria (NAN), Mrs. Olu Verheijen, Special Adviser to President […]
A new beginning at NNPC
Bayo Ojulari, a former Shell executive and ex-COO of Renaissance Africa Energy, was appointed head of NNPC Ltd in early April 2025 by President Tinubu, alongside a new 11-member reform board.Ojulari has since moved to quickly lay out his ambitious plan to modernize NNPC and use it as a stimulus […]
NUPRC dismisses allegations of irregularities during the 2024 oil block licensing round
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has released a statement to dismiss allegations of misconduct during the 2024 oil block licensing round, asserting that the process duly followed the provisions of the Petroleum Industry Act (PIA) 2021 and its licensing guidelines. The position of the NUPRC was disclosed by its […]