Oil & Gas

How NUPRC’s professionalism, transparency, others drive Nigeria’s 2024 oil licensing round By Mohammed Musa There were indications that the just-concluded Nigeria’s 2024 Oil Licensing Round, organized by the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, regulator of the upstream petroleum sector, was very successful. The reasons were not farfetched. First, the exercise, which took place at

NUPRC issues regulation to promote energy sustainability in oil, gas industry   THE Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has issued the Upstream Petroleum Decarbonisation Template (UPDT), targeted at promoting energy sustainability and environmental stewardship in the upstream sector of Nigeria’s oil and gas industry. The Commission said the “UPDT aligns the upstream petroleum industry

Nigeria’s oil output rises 13% to 1.7m bpd as NUPRC initiatives yield fruits By Ibrahim Musa There are indications that the innovative initiatives of the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, have continued to bear fruits as the nation’s oil output, including Condensate increased year-on-year, YoY, by 13.3 per cent to 1.7 million barrels per

UTM FLNG signs Global Compact on Human Rights, Labour, Environment and Anti-Corruption By Olakunle Salami Ahead of its projected 2.8 million tons per annum (MTPA) gas production, UTM FLNG Ltd, owner of Nigeria’s first Indigenous Floating Liquified Natural Gas (FLNG), has signed the United Nations Global Compact (UNGC) on Human Rights, Labour, Environment, and Anti-Corruption.

Over 300 Youths benefit as NLNG begins Nigerian Content HCD Trainings   NLNG, last week, in Port Harcourt, Rivers State, kicked off its Nigerian Content Human Capacity Development (NC-HCD) Basic Training Programme for the NLNG Train 7 Project, a major NC programme aimed at reskilling young graduates and developing human capital.   A total of

UTM FLNG Limited to unlock 500,000 tonnes of LPG for Nigeria’s domestic marke By Udeme Akpan The Group Managing Director/CEO of UTM Floating LNG Limited, Dr. Julius Rone, said the company would supply 500,000 tonnes of liquefied petroleum gas, LPG, also known as cooking gas, per annum, when Nigeria’s first floating liquefaction company begins production

NLNG unveils new logo in rebranding move   Nigeria LNG Limited (NLNG) has unveiled a new logo and trade name as part of a strategic rebranding initiative aimed at aligning the company’s vision with evolving global energy demands.   The announcement was made on Friday during the company’s annual Grand Award Night in Lagos. Dr.

Jay Park to Host African Energy Week 2024 Workshop on Navigating African Petroleum Regimes   With the dual pressure of developing oil and gas resources to drive resource monetization while meeting the requirements of the global energy transition, African governments are under pressure to reduce energy poverty while ensuring development meets today’s climate standards. As

Gas-driven industrialisation’ll create millions of jobs, boost SMEs growth– Ubong   Coordinator, Decade of Gas Initiative, Ed Ubong has stressed the need to embrace a gas-driven economy, highlighting its benefits to the entire populace. According to him, it will create jobs for millions of Nigerians, boost the growth of small and medium sized enterprises (SMEs)