Nigeria is energy rich yet its citizens are energy poor. Petroleum is the dominant energy source and the gas sector supplies 66% of fuel for powering the electricity generating plants in Nigeria. Petroleum is the main export commodity and a major foreign exchange earner for the country. Thus, if...

Decommission of ageing infrastructure seem not to be part of the Nigerian petroleum industry lexicon as what exist in the petroleum Act is abandonment. By abandonment it means leaving behind materials in situ after the expiration of the life of the asset. But there are much more to abandonment....

The need to evaluate and reappraise the Nigerian Renewable Energy Status in in order to position it for sustainable development has become apposite. This is due the dwindling fortune of the oil and gas industry coupled with the environmental pollution associated with the fossil fuels. Besides,...

Nigeria is an oil and gas producing country but sadly its gas sector had suffered serious setback in terms of development and utilisation. Although, the crude oil sector is nearing maturity, the gas sector is still in its infancy due to some past regulatory mistakes. As a result of low gas...

Since the discovery of oil globally, nations states have never been the same. The ways of life, thinking and doing things equally changed. The transition from analogue way of doing things to digital was facilitated by oil. The present computer age, the journey to space, lifesaving machines and...

The oil and gas industry involves colossal capital investment. It is capital intensive, volatile and replete with risks. Risk allocation as the term implies, is the mechanism of risk apportionment among the key players in the oil and gas industry. The paper tried to evaluate how risks are shared...

Any policy, law or regulatory framework that adds value to the indigenous host country’s goods, services and human beings has in it the local or indigenous content. An examination of the Oil and Gas Contents Development Act 2010 in Nigeria will show significant progress made in the foray of...

The Nigerian Electricity Supply Industry (NESI) is without doubt a large utility industry with capacity for multiplier and value chain expansion. The NESI composed of generation, transmission, distribution and marketing sectors is however bedeviled by a wide range of challenges including lack of...

This paper appraised the principle of Permanent Sovereignty over Natural Resources (PSNR) with special focus on Nigeria’s petroleum industry. The cardinal objective is to establish the need for the natural resources-rich developing countries, to derive maximum benefits from the petroleum...

In this era of merger of corporations and smaller companies, downsizing and recession of both small and large oil and gas companies, it is important to ascertain the impacts of this transformations on the most vulnerable stakeholder of these companies - the company’s staff/employees. An x-ray...