Browsing Tag
Energy Policy
12 posts
Prime Minister Burnham Discusses Pragmatic North Sea Oil Policy with Trump
Prime Minister Andy Burnham confirms he told President Trump he would take a pragmatic approach to North Sea oil, sparking debate over the future of UK energy policy.
Nigeria Wastes 62,400GWh of Power as Gas Flaring Surges by 18.6 Percent
Nigeria recorded a 18.6 percent increase in gas flaring between 2024 and 2025, resulting in 62,400 GWh of lost electricity generation potential and $2.2 billion in wasted resources.
House Committee Mediates Between Importers and Refiners to Advance Petroleum Reforms
The House of Representatives is mediating talks between petroleum importers and domestic refiners to harmonize policies and ensure a stable fuel supply chain in Nigeria.
Prime Minister Burnham begins term with policy shifts and regional focus
Prime Minister Andy Burnham is prioritizing North Sea oil production and regional devolution while placing a pause on early prison releases during his first week in office.
31 Companies Secure 37 Oil and Gas Block Licenses in Latest Licensing Round
Nigeria has awarded 37 oil and gas blocks to 31 different companies following the 2025 licensing bid conference in Abuja.
IPMAN Challenges NMDPRA Import Permits as Local Fuel Prices Remain Competitive
IPMAN has petitioned the NMDPRA to reconsider petrol import licenses, arguing that locally refined fuel is cheaper and more sustainable than increasingly expensive imported supplies.
Revitalizing the Nigerian Oil Sector: NUPRC’s Strategic Transformation
Under the leadership of Oritsemeyiwa Eyesan, the NUPRC is boosting Nigeria's oil sector through regulatory reforms, increased production, and a push for greater transparency and international investor engagement.
Andy Burnham to unveil North Sea drilling strategy upon taking office
Incoming Prime Minister Andy Burnham plans to address the future of North Sea oil and gas drilling as part of an initial wave of government policy shifts.
Nigeria Suffers 3,100 GWh Power Loss Due to Gas Flaring
Nigeria lost 3,100 GWh of potential power generation in May 2026 as inconsistent data between regulatory agencies highlights the ongoing failure to curb gas flaring despite government initiatives.
Nigeria Lost $1.5 Billion to Gas Flaring in 2024, Says German Envoy
German Ambassador Annett Günther reported that Nigeria flared 5.3 billion cubic metres of gas in 2024, costing the nation $1.5 billion, while outlining new initiatives to repurpose this waste for economic growth.