Business
Shell Pledges Support For Reforms In Nigeria’s Oil And Gas Industry
The Shell Companies in Nigeria (Shell) has pledged support for the recent reforms in the oil and gas industry in Nigeria, describing them as a good way to reposition the sector for growth and profitability.
Senior Vice President, Shell Nigeria, Marno de Jong, made the assertion while speaking at a dinner Wednesday night at the Nigeria International Energy Summit (NIES) in Abuja.
In his words, “We welcome the reforms by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) which have already improved crude oil production to about 1.75 million barrels per day as reported by the agency.
ALSO READ: Dangote Coal, Host Communities Ink Development Pact
“Sustained reforms will boost production further and generate better returns in the entire value chain of the industry. Shell is determined to support the reforms as part of our general commitment to the development of Nigeria dating back to over 60 years of operations in the country.”
Reforms in the oil and gas industry have picked up following the enactment of the Petroleum Industry Act (PIA) in 2021 with the NUPRC looking to improve oil and gas production and reserves, achieve cost efficiency and ensure stability in host communities through many initiatives.
Marno added, “Apart from boosting production, the reforms are also attracting investments such as the FID we took last year on the $5-billion Bonga North deep-water project. Nigeria is in stiff competition for capital and confidence and attracting the attention of investors will require continued rethink of strategies and policies. This will enable the country to leverage enablers like technology, cost efficiency and manpower to ensure business growth and sustainability through the operations of international oil companies and independent producers.”
Business
Sahara Champions Global Shipping Collaboration for $20m Mercy Ships Healthcare Impact
Sahara Energy Geneva has highlighted the power of business collaboration to deliver lasting impact, with Mercy Ships Cargo Day celebrating more than $20 million raised over the past decade to support healthcare interventions in Africa.
More than 500 guests from over 150 shipping and trading companies gathered in Geneva recently for the 10th anniversary Gala of Mercy Ships Cargo Day, celebrating a decade of industry support for the international charity.
David Walker, Head of Chartering at Sahara Energy Geneva and Chairman of the Cargo Day Geneva Committee, joined industry leaders at the event, where he thanked the global shipping community, sponsors, media partners and Cargo Day committees in Geneva, London, Houston, Dubai and Singapore for supporting the initiative.
Cargo Day brings together charterers, shipowners, shipbrokers, and other shipping professionals who contribute through pledges, cargo commissions, and address commissions to support the work of Mercy Ships.
READ ALSO: 30 Nigerians Bag Postgraduate Scholarship from NNPC Ltd, Eni
Kola Motajo, Director, Sahara Geneva said Sahara’s involvement reflects the company’s belief in the ability of enterprise and partnerships to deliver impact beyond business.
“At Sahara, our focus is always on impact and lives transformed. Cargo Day demonstrates what is possible when businesses and individuals unite around a shared purpose. The $20 million milestone reflects the collective commitment of the global shipping community to improving healthcare in Africa. As Sahara looks Beyond XXX, we remain committed to building connections that create lasting value and possibilities for generations to come,” Motajo said.
Reflecting on Cargo Day’s growth, Walker said: “Ten years ago, we raised $300,000 and there were 70 people at the Gala. Today, we have more than 500 people coming from around the world to support such a great cause.”
Cargo Day 2025 raised more than $2.5 million, with 93 companies participating, including charterers, brokers, shipowners, and other partners.
Mercy Ships operates two hospital ships supporting patients in Africa with free life-changing surgeries, while also providing training and mentoring for local healthcare professionals. Cargo Day funding contributes to expenses associated with operating the hospital ships.
The 2026 Cargo Day campaign begins November 4 and will run through November and December, with companies participating through Mercy Cargoes, address commissions and pledges.
Business
30 Nigerians Bag Postgraduate Scholarship from NNPC Ltd, Eni
Up to 30 Nigerian graduates have bagged postgraduate scholarships to pursue further studies both locally and in the Diaspora.
According to the Nigerian National Petroleum Company Limited (NNPC Ltd) and Italian energy company, Eni have awarded postgraduate scholarships
The beneficiaries emerged from more than 3,000 applicants following assessments of their academic records and performances in a recently conducted computer-based test (CBT).
The awards are under the 2026/2027 Postgraduate Scholarship Scheme of Nigerian Agip Exploration Limited (NAE), an Eni subsidiary, on behalf of the NNPC-NAE Production Sharing Contract (PSC) partners.
In a statement, NAE’s Vice Chairman and Managing Director, Maurizio Pinna, said the initiative was designed to develop local talent and equip young Nigerians with skills relevant to the oil and gas industry. Pinna congratulated the beneficiaries, noting that the scholarships would enable them to pursue their academic ambitions and achieve their career goals.
According to NAE, the programme reflects its commitment to education, innovation and capacity building in Nigeria.
The company urged the beneficiaries to make good use of the opportunity by acquiring valuable knowledge and skills that would contribute to national development, particularly in the energy sector.
Ten of the awardees will undertake postgraduate studies in universities abroad, including Imperial College London, Robert Gordon University in Aberdeen, Newcastle University, the University of Aberdeen and the University of Hull in the United Kingdom.
READ ALSO: Navy Recovers 98,000 Litres of Suspected Stolen Crude in Rivers
The remaining 20 beneficiaries will study at Nigerian universities in fields including engineering, geosciences, petroleum and environmental technology, energy economics, renewable energy and energy transition.
Established in 2007, the NNPC-NAE PSC postgraduate scholarship scheme is part of the partners’ human capital development programme aimed at promoting specialised knowledge and addressing skills shortages in Nigeria’s deep offshore oil and gas operations.
NAE said 380 Nigerian graduates had benefited from the scheme since its inception, gaining knowledge and skills required by the oil and gas industry.
Beyond education, Eni, through NAE, has implemented sustainability initiatives in Nigeria covering healthcare, access to water, infrastructure and community empowerment.
Eni has operated in Nigeria since 1962 and currently has an equity production of about 55,000 barrels of oil equivalent per day. The company also holds a 10.4 per cent stake in Nigeria LNG.
NAE was incorporated in 1996 to manage Eni’s deep offshore exploration and production assets. It became the first oil and gas company in Nigeria to produce oil from the country’s deep offshore when its Abo floating production, storage and offloading (FPSO) vessel began operations in 2003.
The company has interests in nine offshore blocks in Nigeria, either as operator or co-venturer, including PML 102 and PML 103, where the Zabazaba-Etan fields are being developed.
Business
DPRP’s Appeal Against Fuel Import Licence Ruling Earns Stakeholder Backing
The Dangote Petroleum Refinery and Petrochemicals’ (DPRP) decision to seek leave to appeal a Federal High Court (FHC) judgment directing the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to continue issuing petroleum product import licences to three major oil marketers is being backed by the Energy Watchdog.
This was detailed in a statement by Martins Tayo, which considers the move as necessary to protect Nigeria’s domestic refining industry and reduce dependence on imported petroleum products.
The judgment, delivered on September 28, 2026, by Justice Inyang E. Ekwo in Suit No. FHC/ABJ/CS/1363/2026, ordered the NMDPRA to continue issuing import licences to Matrix Energy, AA Rano and AYM Shafa.
The Energy Watchdog argued that the ruling undermined the objectives of the Petroleum Industry Act (PIA) and threatened investments in domestic refining capacity.
“We completely reject and condemn in totality the judgment of the lower court. It is a deeply flawed decision that disregards the clear intent of the Petroleum Industry Act and the national interest in building a robust domestic refining industry,” the statement said.
READ ALSO: NNPC Petrol Discount: Oyedele Explains How Lower Margins Could Boost Profits
The group further cited a reported decline in petrol imports in the first quarter of 2026, alongside increased supplies from local refineries, particularly the Dangote facility, as evidence of the country’s growing domestic refining capacity.
It argued that sustaining import licences despite rising local production could undermine efforts to achieve self-sufficiency in refined petroleum products and weaken investor confidence in the sector.
According to the organisation, Dangote Refinery’s decision to seek leave to appeal as an interested party was timely, given the potential implications of the judgment for the future of Nigeria’s downstream petroleum industry.
“The lower court’s decision amounts to a judicial endorsement of continued importation irrespective of local capacity.
“We condemn it without reservation because it threatens to reverse the hard-won gains of the last few years,” Tayo stated
The Energy Watchdog maintained that the Petroleum Industry Act was designed to encourage investment in midstream and downstream infrastructure, warning that allowing the ruling to stand could send a negative signal to investors who have committed substantial resources to domestic refining projects.
The group urged the Court of Appeal to grant the DPRP leave to appeal and ultimately set aside the FHC’s order, describing the case as significant to Nigeria’s energy security and the development of its refining industry.
“Any judgment that forces the continued importation of fuel products when local refineries can supply the market is a setback for Nigeria.
“We condemn the lower court ruling in the strongest terms and fully support the appeal filed by Dangote Refinery,” the statement concluded, “The Court of Appeal must correct this error and reaffirm that the era of automatic import licences is over.”






I like this weblog so much, saved to bookmarks. “American soldiers must be turned into lambs and eating them is tolerated.” by Muammar Qaddafi.
Adorei este site. Para saber mais detalhes acesse nosso site e descubra mais. Todas as informações contidas são conteúdos relevantes e diferentes. Tudo que você precisa saber está está lá.
I’d have to examine with you here. Which isn’t something I usually do! I take pleasure in studying a publish that can make people think. Also, thanks for permitting me to remark!
Thankyou for all your efforts that you have put in this. very interesting info .
Some truly choice posts on this web site, saved to favorites.
Thank you for sharing superb informations. Your web site is so cool. I’m impressed by the details that you?¦ve on this site. It reveals how nicely you perceive this subject. Bookmarked this web page, will come back for more articles. You, my pal, ROCK! I found simply the info I already searched everywhere and simply could not come across. What an ideal site.
Spot on with this write-up, I really assume this web site wants far more consideration. I’ll most likely be once more to learn far more, thanks for that info.
I know this if off topic but I’m looking into starting my own weblog and was wondering what all is required to get setup? I’m assuming having a blog like yours would cost a pretty penny? I’m not very internet savvy so I’m not 100 certain. Any tips or advice would be greatly appreciated. Cheers
you have a great blog here! would you like to make some invite posts on my blog?
I am thankful that I noticed this weblog, exactly the right info that I was looking for! .
Excellent post. I was checking constantly this weblog and I am inspired! Extremely helpful information specially the final phase 🙂 I care for such info much. I used to be looking for this certain information for a long time. Thank you and good luck.
I in addition to my friends happened to be examining the great advice on the website and then immediately came up with a terrible suspicion I had not expressed respect to the website owner for those techniques. Those young boys came warmed to see them and have actually been loving those things. Appreciate your actually being simply helpful and then for selecting these kinds of amazing areas millions of individuals are really needing to understand about. My sincere apologies for not expressing gratitude to you sooner.
You should participate in a contest for among the finest blogs on the web. I’ll recommend this site!
Precisely what I was looking for, thanks for putting up.
I went over this website and I conceive you have a lot of superb information, saved to favorites (:.
Thanks for some other excellent article. Where else could anybody get that type of info in such a perfect way of writing? I’ve a presentation next week, and I am on the look for such info.
Oh my goodness! a tremendous article dude. Thanks Nevertheless I am experiencing situation with ur rss . Don’t know why Unable to subscribe to it. Is there anybody getting identical rss drawback? Anyone who knows kindly respond. Thnkx
Thankyou for helping out, excellent information.
Hello there I am so glad I found your blog, I really found you by error, while I was searching on Bing for something else, Nonetheless I am here now and would just like to say kudos for a tremendous post and a all round enjoyable blog (I also love the theme/design), I don’t have time to read through it all at the moment but I have bookmarked it and also included your RSS feeds, so when I have time I will be back to read a great deal more, Please do keep up the awesome job.
Hi my family member! I want to say that this article is awesome, great written and include approximately all important infos. I?¦d like to look extra posts like this .
I believe other website proprietors should take this site as an model, very clean and wonderful user genial pattern.