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Energy

Nigeria already tracking key provisions of Malabo Declaration on Gas—Derefaka

Following days of strategic deliberations by both African and international experts on gas at the just concluded 5th Gas Exporting Countries Forum (GECF) Heads of State Summit in Malabo, Equatorial Guinea, participants have rolled out a continental gas development master…

Gas: Reps pick hole in signed PSC law, seeks instant amendments

Fresh discovery pointing to the fact the rushed oil and gas Production Sharing Contact (PSC) amendment Act recently signed into law by President Muhammadu Buhari while away in London on a private visit was faulty, has emerged. Recall that several…

Whither local content law if Briton succeeds Nigerian-born Avuru at Seplat?

…As Ghana warns against fronting in oil and gas industry Having steered the affairs of leading indigenous oil and gas giant, Seplat Petroleum Development Company, for a successful decade and ready to exit July next year, the notice that outgoing…

FG changing the narrative of being 7th largest emitter of flared gas—Minister

The Federal Government is currently doing everything possible under the law and available international best practices to end gas flaring in the nearest future by way of commercializing gas flaring in oil producing communities. This was the submission of the…

How Chevron preserves the environment; A case of Abiteye Mangrove Restoration

By all international best standards and practices, Chevron Nigeria Limited  (CNL), conducts its business in a socially and environmental responsible manner in compliance with regulatory requirements, stakeholder expectation and best practices. From the beginning, CNL’s environmental stewardship process lays the…

(Special Report): How Sylva is fine-tuning Nigeria’s gas revolution drive

Less than one month of his official appointment and confirmation as the substantive Minister of State, Petroleum Resources, former Governor of Bayelsa State, Chief Timipre Sylva, took off repositioning of the oil and gas industry with unprecedented commitment. His first…

MOSOP, others lose confidence on NDDC, seek Rivers Oil Community Dev. Agency

Recent agitation by leading oil communities associations in Rivers State for Rivers State Oil Community Development Commission, has added fresh credence to trending allegation by the Federal Government in the more than one decade of Niger Delta Development Commssion (NDDC),…

Qatari journey to largest LNG producer in the world: Lessons for Africa?

Writing in his latest bestselling Energy book; ‘Billions At Play,’ the author and arrowhead in Africa Energy Chamber (AEC), who also doubles as Lead Partner at Centurion Law Firm, Mr. NJ Ayuk, said African oil and gas economies can learn…

Is Nigeria losing out in continental gas business and investment share?

Recent observations that a lot of matured Nigerian gas projects had been idle over a period of time when activities in Africa’s gas sub-sector are jumping in multibillion dollar deals are becoming a source of worry for industry pundits. Currently,…

Negative fallouts of signed Production Sharing Contract law still rising

Whereas the key targets by the Federal Government to take International Oil Companies (IOCs) by storm in packaging the recently signed Production Sharing Contract (PSC) bill into law include to jerk up royalties from dividends of oil majors, increase revenues…