Energy
Reps Committee Investigates $9.5bn Annual Gas Flaring
Gas flaring said to be costing Nigeria in the region of $9.05 billion will be investigated, having attracted the attention of the House of Representatives.
To this end, Speaker, House of Representatives, Rt Hon Tajudeen Abbas, inaugurated an Ad hoc Committee on Monday, mandated to look into the menace in the last decade.
Among the terms of reference of the committee is to dig into the root causes of gas flaring and come up with recommendations to put an end to it.
According to Hon Abbas, the probe is an acknowledgement of the urgent need to understand and mitigate the environmental, social, and economic impacts of the anomaly.
Hon Abbas said, “The task before this ad hoc committee is a very critical one that lies at the heart of the health of our people and economic well-being of our nation.
“You have been charged with the responsibility of investigating, perhaps, one of the most harmful practices in the oil and gas industry in Nigeria.
“Gas flaring and venting have been a significant environmental, economic, health and social concern in our country for many years.
“The flared gas represents lost revenue that could have been generated through its sale or utilisation. Official records indicate that we lose about 2.5 billion dollars annually to gas flaring.”
According to him, gas flaring is a major contributor to climate change and environmental degradation, with direct and indirect impacts on soil, water, and wildlife.
He maintained that it represents a tremendous waste of valuable resources; while also being a precious energy source that could be utilised for various purposes, such as electricity generation, heating, or industrial processes.
Chairman, Ad hoc Committee on Gas Flaring, Hon Babba Munir (APC-Kaduna State), assured that the members would be representing the interests of all Nigerians.
He expressed concern that the issue of gas flaring had lingered for decades despite several undertakings by oil companies to stop it.
“We are here to give everyone a fair hearing, to know where the loopholes are, where we need to tweak our laws to ensure we get optimal results.
“We do not have to revisit how important it is to our revenue drive needed for infrastructure, security, education and health.
“It is a win-win situation for even the oil companies because if revenues are generated, it is spent on securing our nation, on infrastructure that will better their operations.
“We are insisting and putting our feet down that all agencies of government and oil companies.
“Once you are invited, we expect you to come with your full submissions and with the highest representation of your organisation,” he said.
It was gathered that the committee invited Total/Mobil V Domestic wing, Total/Oando JV, Total Energies, African Petroleum Plc., now Ardova PLC, to appear before or on Tuesday at 10 a.m.
Others are Azman Oil and Gas Limited, Matrix Oil And Gas Shata Ltd, Nigerian Electricity Regulatory Commission, National Council on Climate Change and Nigerian Petroleum Development Company.
Also to appear are Yinka Folawiyo Petroleum Company (Aje Oil Field-Offshore), Sterling Oil Exploration & Energy, and Belemaoil Producing Limited.
Walter Smith Petroman Oil Limited, Green Energy International Limited, Millenium Oil and Gas Company Limited, Folawiyo Energy Eroton Exploration and Production Nigeria Limited and Niger Delta Petroleum Resources Ltd.
Energy
Dangote Refinery Recalls Redeployed Engineers
On a conditional pardon after internal disciplinary measures linked to operational disruptions the Dangote Petroleum Refinery and Petrochemicals (DPRP) has recalled the engineers previously redeployed across its business units.
In an internal communication to staff, the company said the decision followed an extensive review process and numerous appeals from respected individuals, stakeholders, and the engineers. The refinery noted that while earlier actions were taken to protect operations and uphold organisational standards, it has now opted to offer a second opportunity to the staff.
Under the directive, according to a memo signed by the Group Vice President, Oil & Gas, Devakumar Edwin, all affected personnel will be invited for a meeting and subsequently reassigned to resume duties at the refinery.
It was gathered that the recall also covers those who did not take up earlier redeployment options offered by the company.
Management emphasised that the move reflects both a commitment to fairness and a belief in second chances, while reiterating that discipline, professionalism and adherence to corporate values remain non-negotiable.
“This decision was not an easy one. It reflects not only our belief in second chances but also serves as a clear reminder that loyalty, professionalism and adherence to organisational standards are non‑negotiable,” it said. “Effective immediately, all engineers previously redeployed to other business units, will be invited for a meeting and, subsequently, will be provided with an opportunity to render their services at our Petroleum Refinery. This would include those who did not avail the opportunity provided earlier for redeployment”.
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The company, however, issued a firm warning that any recurrence of misconduct would attract immediate and decisive sanctions, underscoring its zero-tolerance stance on actions capable of undermining operations.
The Dangote Refinery added that it expects the returning engineers to demonstrate renewed dedication as it continues efforts to strengthen operational efficiency and maintain its position as a key player in Nigeria’s oil and gas sector.
“We welcome our colleagues back, with the expectation of renewed dedication, and we look forward to working together to strengthen our operations and deliver excellence in the oil and gas sector,” it added.
Recall that the Dangote Group, in October 2025, redeployed some refinery engineers to other companies within the Group as part of measures to stabilise operations at the time.
Energy
UAE Jolts Global Oil Market, Quits OPEC, OPEC+
The United Arab Emirates (UAE) has withdrawn from the Organisation of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance.
The move marks a significant shift in global oil politics even as tensions in the Middle East continue unabated.
The decision, which will take effect from May 1, 2026, was disclosed in a statement issued on Tuesday by the UAE Ministry of Energy and Infrastructure, following what it described as a comprehensive review of its production strategy and future energy outlook.
Announcing the move, the ministry said the exit reflects the country’s evolving energy priorities and long-term economic vision.
The statement read, “The United Arab Emirates today announced its decision to exit the Organisation of the Petroleum Exporting Countries (OPEC and OPEC+), effective 1 May 2026. This decision reflects the UAE’s long-term strategic and economic vision and evolving energy profile, including accelerated investment in domestic energy production, and reinforces its commitment to a responsible, reliable, and forward-looking role in global energy markets.
“This decision follows a comprehensive review of the UAE’s production policy and its current and future capacity and is based on our national interest and our commitment to contributing effectively to meeting the market’s pressing needs.”
The UAE, one of OPEC’s key producers, noted that the decision was anchored on national interest and its desire to respond more flexibly to changing market realities.
“The decision reflects the UAE’s long-term strategic and economic vision and evolving energy profile, including accelerated investment in domestic energy production, and reinforces its commitment to a responsible, reliable, and forward-looking role in global energy markets,” the ministry added.
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The announcement comes against the backdrop of escalating geopolitical tensions in the region, particularly the ongoing Iran conflict, which has disrupted oil supply routes and heightened uncertainty in global energy markets.
Of particular concern is the Strait of Hormuz, a critical oil transit corridor through which a significant portion of the world’s crude supply passes. Recent threats and attacks linked to the crisis have raised fears of supply disruptions and price volatility.
The UAE acknowledged these short-term disruptions but maintained that long-term demand fundamentals remain strong.
“While near-term volatility, including disruptions in the Arabian Gulf and the Strait of Hormuz, continues to affect supply dynamics, underlying trends point to sustained growth in global energy demand over the medium to long term,” the statement noted.
The move effectively ends nearly six decades of the UAE’s involvement in OPEC, which it joined in 1967 through Abu Dhabi, years before the formation of the federation in 1971.
Despite the exit, the UAE expressed appreciation for the organisation and its allies.
“We reaffirm our appreciation for the efforts of both OPEC and the OPEC+ alliance and wish them success. During our time in the organisation, we made significant contributions and even greater sacrifices for the benefit of all,” the ministry stated.
“However, the time has come to focus our efforts on what our national interest dictates and our commitment to our investors, customers, partners and global energy markets.”
The UAE stressed that its withdrawal does not signal a retreat from global energy cooperation but rather a shift towards greater flexibility in managing its oil output.
It pledged to continue supplying the market in a responsible and measured manner.
“Following its exit, the UAE will continue to act responsibly, bringing additional production to market in a gradual and measured manner, aligned with demand and market conditions,” the statement said.
The country also highlighted its competitive advantage in producing lower-carbon crude, positioning itself as a key supplier in an evolving global energy mix.
“The UAE is a trusted producer of some of the world’s most cost-competitive and lower-carbon barrels, which will play an important role in supporting global growth and emissions reduction,” it added.
The exit could weaken OPEC’s cohesion and complicate efforts to manage global oil supply, especially at a time when geopolitical risks are already straining the system.
The alliance, which includes major non-OPEC producers such as Russia, has been central to stabilising oil prices since its formation in 2016.
However, rising tensions in the Middle East, coupled with shifting national priorities among member states, are increasingly testing the group’s unity.
The UAE said it would continue investing across the energy value chain, including oil, gas, renewables, and low-carbon technologies, as part of a broader diversification strategy.
“It will continue investing across the energy value chain, including oil, gas, renewables, and low-carbon solutions, to support resilience and long-term energy system transformation,” the ministry stated.
The development comes at a critical time for the global economy, with energy markets already under pressure from geopolitical conflicts, supply chain disruptions, and the ongoing transition to cleaner energy sources.
For oil-dependent economies such as Nigeria, the implications are significant, as changes within OPEC and OPEC+ often influence crude prices, government revenues, and foreign exchange earnings, the developments present a mixed outlook, with potential revenue gains from higher crude prices but increased costs for refined petroleum products and broader economic instability.
The UAE’s decision could signal a broader shift in how major producers approach cooperation in an increasingly complex energy landscape.
As the Middle East crisis continues to unfold, attention will now turn to how OPEC responds to the exit, and whether the alliance can maintain unity in the face of mounting geopolitical and economic pressures.
The Organisation of the Petroleum Exporting Countries is one of the world’s most influential energy alliances, created in 1960 by five founding members, Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela, during a meeting in Baghdad.
The group was established to coordinate petroleum policies among oil-producing countries, stabilise international oil markets, secure fair prices for producers, and ensure a steady supply of crude to consuming nations.
Over the decades, OPEC grew into a major force in the global economy, with its decisions on oil production often influencing crude prices worldwide. By increasing or cutting output quotas, the group can affect supply levels, making it a central player in determining global energy costs.
Its current members include major producers such as Saudi Arabia, the United Arab Emirates, Nigeria, Algeria, Libya, and Iraq.
While, OPEC+ is an expanded alliance formed in 2016 to include OPEC members and major non-OPEC oil-producing countries.
The “plus” refers to 10 additional producers led by Russia, alongside countries such as Kazakhstan, Mexico, and Oman.
The alliance was created after the 2014–2016 oil price crash, when crude prices plunged due to oversupply and weak demand.
Their monthly meetings are closely watched by governments, investors, refiners, and energy traders because any decision to raise or cut output can immediately influence international crude benchmarks such as Brent crude and West Texas Intermediate.
Energy
NDPHC, NCDMB Partner on 10MW Power Supply to Odukpani Park
The Niger Delta Power Holding Company Limited (NDPHC) has advanced plans to provide dedicated electricity supply to the Nigerian Oil and Gas Park in Odukpani, Cross River State, through a strategic partnership with the Nigerian Content Development and Monitoring Board (NCDMB).
The collaboration, which began with the submission of an Expression of Interest by the customer in 2025, has now progressed to a major engagement held on 25 February 2026, marking a critical step toward project execution and delivery.
Under the arrangement, as stated in a statement signed by NDPHC’s Head of Corporate Communications and External Relations, Emmanuel Ojor, NDPHC will supply 10 megawatts (MW) of electricity from its Calabar Generation Company Limited.
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The dedicated power provision is expected to ensure a stable, reliable, and sustainable energy supply for industrial operations within the park, addressing one of the key constraints to manufacturing and processing activities in Nigeria.
The Nigerian Oil and Gas Park in Odukpani is conceived as a strategic industrial hub aimed at supporting downstream oil and gas operators.
The facility is expected to facilitate the production, processing, and distribution of refined petroleum products and gas-based materials, while also promoting local manufacturing of equipment and components used in the sector.





