WORKSHOP

President Muhammadu Buhari has appointed Minister of State for Petroleum, Timipre sylva, to chair the steering committee for the implementation of the newly signed Petroleum Industry Act. Buhari signed the Petroleum Industry Bill (PIB) into law immediately his return from medical t(PIB) into law immediately his return from medical trip to London, United Kingdom on Monday. The appointment of the ...

The President, Major General Muhammadu Buhari (retd.), has charged the newly inaugurated board of the Nigeria Extractive Industries Transparency Initiative to work towards increasing investments in Nigeria’s extractive sectors. Buhari also charged the board to provide strategic direction for NEITI to channel similar attention it had shown in the oil and gas industry to the solid minerals sector to galvanise ...

The Department of Petroleum Resources (DPR) says it will institute annual awards for companies, projects or individuals that add value to the Nigerian oil and gas industry. A statement issued on Monday in Lagos by the Head, Public Affairs, DPR, Mr Paul Osu said the Director AND Chief Executive Officer of DPR, Mr Sarki Auwalu, made the announcement on Monday ...

The Department of Petroleum Resources (DPR) says it is formulating a Maximum Economic Recovery (MER) strategy for Nigeria to attain maximum value delivery from its oil and gas resources. Mr Sarki Auwalu, Director, DPR, made the announcement during a keynote address at the 2021 Society of Petroleum Engineers (SPE) Nigeria Annual International Conference and Exhibition (NAICE) on Tuesday in Lagos. ...

The French multinational, TotalEnergies has declared that it will stop at nothing in its determination to lead the global energy sector to achieve affordable and clean energy. The company has also revealed a time frame to achieve its ambition in the new energy plan. The Country Chair Total in Nigeria and Managing Director Total Exploration and Production, Nigeria Limited, Mike ...

………by Ben Ndubuwa…….The Chairman Society of Petroleum Engineers (SPE), Nigeria, Mr. Olatunji Akinwunmi has said that it is in the best interest of the oil and gas industry operators to be in phase with the rest of the world in the quest to significantly pursue the reduction of carbon intensity in their various operations.. Akinwunmi in his welcome address in ...

Energy experts have expressed worries over some critical issues bordering the sector both nationally and internationally. These issues include access to electricity, emerging energy transition among others. The industry players, who spoke ahead of the Nigerian Association for Energy Economists (NAEE) conference, where Vice President, Yemi Osinbajo, Minister of State for Petroleum Resources, Timipre Sylva, and other stakeholders are expected ...

TotalEnergies, the French multinational oil firm has said that it will continue to reinforce and improve the drive on National Development and the United Nations’ Sustainable Development Goals (SDGs) through its Corporate Social Responsibility ( CSR) programmes across Nigeria. The company explained that through its CSR, education, youth entrepreneurship and inclusion are now made key drivers to achieving the SDGs ...

The Minister of Mines and Steel Development, Mr Olamilekan Adegbite, has said the Federal Government invested $50m to generate data, even as it moves to automate the administration of the mining sector. Adegbite said this during a webinar held by the Securities and Exchange Commission and the Ministry of Mines and Steel Development, with the title ‘Financing the Nigerian solid ...

Chevron Nigeria Limited, (CNL), operator of the joint venture with Nigerian National Petroleum Corporation (NNPC) and CNL, (NNPC/CNL JV), received the award as the best exhibitor at the just concluded 2021 edition of the Nigeria Oil and Gas (NOG) Conference and Exhibitions. The award was presented during the Industry dinner and awards ceremony sponsored by NNPC as part of the ...