Energy

MEDIATRACNET A community workshops and Town hall meetings to sensitise and educate community members in Nigeria’s Niger Delta region on the country’s Energy Transition Plans (ETP) is being planned for Akwa Ibom and Delta States, Extractive360 has concluded.  T lhe organisers of  the events said scheduled to hold in Abak,…

By Bassey Udo With petroleum products currently experiencing acute shortage of supply as a result of scarcity, oil workers under aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have accused fuel marketers of hoarding to create an environment for inflation of retail price at the…

MEDIATRACNET Nigeria is leading six other African countries in the 13-members Organisation of Petroleum Exporting Countries (OPEC) currently producing about 80 percent of the global proven crude oil reserves, Minister of State for Petroleum Resources, Timipre Sylva, has said. Despite this, the Minister said Nigeria, along with its counterparts in…

By Bassey Udo To promote the national objectives under the Nigerian Gas Flare Commercialisation Programme (NGFCP), 139 successful applicants pre-qualified to invest in the country’s gas sector will participate in the second Bidders’ Conference/Investors Forum scheduled for Abuja, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has said. As part of…

By Bassey Udo The Nigerian National Petroleum Company Limited was on Wednesday granted its request to undertake the rehabilitation of another 44 roads across the country. The approval was granted by the Executive Council of the Federation during weekly meeting in Abuja presided over by Vice President Yemi Osinbajo. The…

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has again assured prospective bidders and stakeholders in the country’s oil and gas industry of a credible, fair and transparent 2022/2023 oil licensing round bid process. The Commission Chief Executive, Gbenga KOMOLAFE, gave the assurance in Lagos on Monday at the opening of…

By Bassey Udo Nigeria and Spain on Thursday expressed commitment to deepen their existing bilateral partnership to ensure the country’s abundant gas reserves were exploited and supplied to Europe, Minister of State for Petroleum Resources, Timipreye Sylva has said. The Minister spoke when the Minister of Foreign Affairs of Spain,…

Ahead of the pre-qualification applications submission exercise scheduled for January 31, 2023, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Wednesday announced a bidders’ conference scheduled for Lagos on Monday, January January 16, 2023. The Commission Chief Executive (CCE), Gbenga Komolafe, who announced the schedule for the conference said it…

MEDIATRACNET As part of its Corporate Social Responsibility (CSR) initiatives, the upstream petroleum industry regulatory, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) distributed relief materials to flood victims in Eket Local Government Area of Akwa Ibom State. The Head, NUPRC Eket Office, Etukudoh Williams, who distributed the relief materials on…

By Bassey Udo The demand by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for prospective bidders in the forthcoming 2023 Oil and gas licensing bid round to identify the real owners of all leases and license holders in Nigeria is a step in the right direction, the Human and Environmental…