Just four years after Nigeria finally enacted the long-awaited Petroleum Industry Act (PIA) in 2021, the Federal Government is already proposing significant amendments. At the centre of this review is a controversial plan to transfer concessionaire powers, currently held by the Nigerian National Petroleum Company (NNPC) Limited, to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)....
Category: Energy
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New Study: Plug-In Hybrid EVs Nearly As Dirty As Gas Vehicles
Electric vehicle skeptics often squawk that battery-electric vehicles like Teslas are nowhere nearly as friendly to the environment as their proponents claim. Well, the truth is a bit more nuanced. Whereas the initial manufacturing of EVs, particularly their batteries, does have a significantly higher carbon footprint than internal combustion engine (ICE) cars, many life cycle...
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Ghana Risks Losing Competitive Edge in Oil Sector – Dr Theo Acheampong Warns
Petroleum Economist and Political Risk Analyst, Dr Theo Acheampong, has cautioned that Ghana risks falling behind emerging African oil producers such as Namibia and Senegal if structural and governance challenges within the petroleum sector are not urgently addressed. Speaking during the NorvanReports Economic Governance Platform and Ghana Anti-Corruption Coalition (GACC) X Space Discussion on the...
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CBN pumps $1.25bn into fuel import, others.
The Central Bank of Nigeria has released a total sum of $1.259bn to oil sector players for the importation of petroleum products and other related items into the country, The PUNCH reports. The amount released between the first three months of 2025 is against the backdrop of the insistence of marketers to continue fuel import...
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Explorco Affirms September 2026 Drill Target for Voltaian Basin
Explorco, the exploration arm of the Ghana National Petroleum Corporation (GNPC), says it is firmly on track to commence drilling in the Voltaian Basin by September 2026, following steady progress on key project milestones and strong backing from local communities. Managing Director Samuel Opoku Arthur confirmed that critical preparatory work has been completed, with contract...
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CBOD CEO to Advocate Stronger Trade and Finance Systems at OTL 2025 Energy Week
The Chief Executive Officer of the Chamber of Bulk Oil Distributors (CBOD), Dr. Patrick Ofori, is set to deliver key insights on Africa’s downstream energy transformation at the upcoming OTL 2025 Africa Downstream Energy Week in Lagos, Nigeria. Dr. Ofori will speak during the International Energy Trading, Finance & Investment Forum, where he is expected...
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Dangote Refinery Expansion Set to Transform West Africa’s Fuel Market
Dangote Petroleum Refinery and Petrochemicals has announced a major expansion of its refining capacity from 650,000 barrels per day to 1.4 million barrels per day — a development expected to reshape Nigeria’s downstream petroleum landscape and regional supply dynamics. The announcement was made in Lagos on Sunday, October 26, 2025, during a world press conference...
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On the streets of Thailand, a quiet but powerful movement is bringing light, dignity, and renewal to people who often go unseen.
Mobile laundry vans equipped with solar-powered washing and drying machines travel through city neighborhoods, offering free laundry services to unhoused and low-income communities. Each compact vehicle can handle dozens of loads per day, running entirely on clean solar energy. Local organizations and volunteers work together to bring these vans to parks, underpasses, and shelters, offering...
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AASuP Opens 6th Africa Sustainability Report and SDGs Awards in Accra
The Association of African Sustainability Practitioners (AASuP) has opened the 6th Africa Sustainability Report and Think Energy SDGs Awards 2025, a two-day gathering focused on accelerating the continent’s progress toward the United Nations Sustainable Development Goals (SDGs). The event, which convened policymakers, academics, private-sector leaders and development partners on day one, spotlighted critical areas including...
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PTDF Co-Hosts 4th International Conference on Hydrocarbon Science & Technology in Abuja
The Petroleum Technology Development Fund (PTDF) has successfully co-hosted the 4th Biennial International Conference on Hydrocarbon Science & Technology (ICHST 2025) at the PTDF Towers in Abuja, bringing together key players across Africa’s energy sector to discuss the future of hydrocarbon development on the continent. Held under the theme “Transforming Africa’s Hydrocarbon Sector: Balancing Growth,...