Oil & Gas

Energy Transition: NUPRC Stresses Need For African Oil & Gas Market Integration The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has stressed the importance of African market integration and evolving innovative measures to mitigate the confounding effect of the global energy transition drive. Chief executive of NUPRC, Gbenga Komolafe, speaking during the Energy Year Nigeria 2023

Seplat Energy’s gas revenue grows to $63.7 million year-on-year     Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, has within a year experienced a 10.2 per cent gas revenue, reaching $63.7 million in 6M 2023 (compared to $57.8 million in 6M 2022).   This growth is attributed to

Wabote Advocates Corporate Governance for Indigenous Oil Firms, lauds Aradel Holdings   Indigenous oil and gas companies must instil principles of corporate governance in their operations if they are to grow and achieve sustainability, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has said.   Speaking virtually on Friday at the

OIL MARKET: Prices leap toward $90 per barrel on Saudi Arabia supply cut By Eyo Nsima   Crude oil prices continued to leap toward $90 per barrel in early August 2023, from about $80 recorded in June 2023, due mainly on account of Saudi Arabia’s supply cut. Specifically, the prices of Brent, OPEC Basket and

Sustainability and energy transition are at the heart of Seplat Energy’s business, and the two remain the cardinal pillars of the company’s strategy. The Director, of New Energy at Seplat Energy, Mr. Effiong Okon said this whilst delivering a keynote titled ‘The Transition Towards Energy Sustainability: Strategies and Tools for Developing Countries’ at the Society

LNG emerges preferred fuel in maritime sector — Report By Eyo Nsima The Liquefied Natural Gas, LNG, has emerged the preferred fuel for the maritime sector between 2023 and 2025, according to LNG Bunkering North American Summit 2023. In its report obtained by The Daily, www.thedaily-ng.com, LNG Bunkering North American Summit 2023, noted that the preference

Managing Director of the Republic of Congo’s national oil company (NOC), Société Nationale des Pétroles du Congo (SNPC) Maixent Raoul Ominga has been confirmed as a speaker at the upcoming African Energy Week (AEW) conference and exhibition. Scheduled to take place on October 16-20 in Cape Town, Ominga will also lead discussions at the Congo