Connect with us
Anglostratits

Energy

Nigeria Nominates Oritsemeyiwa Eyesan to Head Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Eyeing Upstream Reform and Investment Push

Published

on

African Energy Chamber

Eyesan’s nomination arrives as Nigeria moves to consolidate reforms, attract capital and unlock long-delayed upstream potential through transparent and predictable regulation

JOHANNESBURG, South Africa, December 19, 2025/APO Group/ –Nigerian President Bola Ahmed Tinubu has nominated Oritsemeyiwa Eyesan as the new Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), in a move expected to reshape the country’s upstream oil and gas sector and boost investor confidence. As a seasoned professional with extensive experience, Eyesan is poised to implement the Petroleum Industry Act (PIA), drive transparent licensing rounds and lead the NUPRC into a new era of regulatory stability and sector growth. Her nomination reflects Nigeria’s commitment to strengthening institutional leadership, accelerating upstream reforms and positioning the country as a commercially attractive destination for global energy investment.

 

The African Energy Chamber (AEC), representing the voice of the African energy sector, welcomes and formally endorses Eyesan’s appointment. This leadership transition comes at a critical juncture for Nigeria’s oil and gas industry, as the country seeks to consolidate reforms, attract capital and unlock long-delayed upstream potential.

We are confident that Eyesan will accomplish this and give the private sector the confidence needed to make Nigeria Oil and Gas the best place to invest in Africa

“The selection of Oritsemeyiwa Eyesan is an epic choice for Nigeria’s oil and gas sector. She is a world-class professional, and we are confident at the AEC that she will deliver world-class results. We urge business leaders, investors and the political class to fully support her in making Nigeria the most competitive destination for upstream investment in Africa,” stated NJ Ayuk, Executive Chairman, AEC.

Eyesan’s nomination comes as Nigeria faces production decline and intensifying global competition for energy investment. The country has been aggressively pursuing exploration incentives, project development and investment-friendly reforms across onshore and offshore basins. A cornerstone of this strategy is the PIA (2021) and the launch of the 2025 licensing round earlier this month. The round, offering 50 onshore, shallow-water, deepwater and frontier blocks, is expected to attract $10 billion in new upstream capital and add up to 2 billion barrels of reserves over the coming decade. Led by the NUPRC and conducted in strict compliance with the PIA, the licensing round features a fully digital, transparent bid process with lower entry costs, enhanced geophysical datasets, and a streamlined online portal.

The licensing round coincides with an accelerated push toward gas monetization under Nigeria’s Decade of Gas initiative. In December 2025, the Nigerian Gas Flare Commercialization Program issued permits to 28 companies to capture 250–300 million standard cubic feet per day of previously-flared gas, unlocking nearly 3 GW of power generation potential and mobilizing $2 billion in investment. These reforms are already translating into tangible activity, with more than $8 billion in anticipated final investment decisions and strong participation from indigenous operators such as Seplat and Oando, alongside rising international interest.

The timing of Eyesan’s appointment is therefore highly significant. Global investors are increasingly selective, and competition for capital is intensifying across frontier and established markets. Regulatory credibility, transparency and predictability are now decisive factors. One of the greatest deterrents to investment in Nigeria has been slow or unpredictable regulatory approval processes, including lengthy permitting timelines, unclear requirements and frequent changes that stall projects and undermine returns.

“If Nigeria wants to compete for scarce foreign investment, the NUPRC must demonstrate that the country’s oil and gas sector is stable, predictable and commercially attractive. By learning from regional leaders such as Angola’s ANPG, the NUPRC can streamline approvals, establish transparent regulatory frameworks with firm timelines, and implement fast, direct communication channels with Nigerian and international investors,” Ayuk added. “We are confident that Eyesan will accomplish this and give the private sector the confidence needed to make Nigeria Oil and Gas the best place to invest in Africa.”

Distributed by APO Group on behalf of African Energy Chamber.

Energy

Transnet Freight Rail Chief Executive Officer (CEO) to Spotlight South Africa’s Rail Reform at African Mining Week (AMW) 2026

Published

on

Etu Energias

As South Africa accelerates freight rail reforms and private sector participation to unlock mining investment, Transnet Freight Rail CEO Russell Baatjies will outline the company’s infrastructure modernization strategy and opportunities for investors at African Mining Week 2026

CAPE TOWN, South Africa, August 20, 2026/APO Group/ –Russell Baatjies, Group Chief Executive of Transnet Freight Rail, has been confirmed as a speaker at African Mining Week (AMW) 2026 – Africa’s premier gathering for the mining industry – taking place October 14-16 in Cape Town.

 

Baatjies will participate in the Regional Connectivity: Financing Africa’s Mineral Infrastructure panel, where he is expected to discuss Transnet’s strategy to modernize South Africa’s freight rail network, expand private sector participation and strengthen regional logistics corridors to support mining growth and cross-border trade.

His participation comes as South Africa accelerates sweeping logistics reforms aimed at removing infrastructure bottlenecks and unlocking greater investment across its mining sector. As the country seeks to mobilize R2 trillion to develop its critical minerals industry – including an estimated R40 trillion in untapped iron ore resources – expanding rail and port capacity has become central to increasing exports of coal, platinum group metals, manganese, chrome and iron ore while improving regional trade connectivity.

In May 2026, Transnet signed rail access agreements with 11 Train Operating Companies (TOCs) serving the coal, manganese, container, fuel and general freight sectors, marking a major step toward opening the national freight rail network to private operators. The agreements are expected to add 24 million tons of annual freight capacity, with the potential to increase to 52 million tons over the next five years, supporting South Africa’s goal of increasing annual rail volumes from approximately 180 million tons to 250 million tons by 2030.

Building on these reforms, Transnet launched the procurement process in June 2026 for The Leasing Company, a rolling stock leasing platform designed to improve access to locomotives and wagons for both established and emerging TOCs. The initiative is expected to increase asset utilization, strengthen freight capacity and attract greater private investment into Southern Africa’s rail sector.

The company is also reinforcing its financial position to accelerate infrastructure modernization through major financing agreements, including a €300 million loan from Agence Française de Développement, a €350 million loan from the European Investment Bank, a $278 million facility from the New Development Bank, a $1 billion loan from the African Development Bank and a R94.8 billion government guarantee package supporting its long-term recovery and investment program.

Alongside infrastructure investment, Transnet is strengthening collaboration with the mining industry to improve export capacity through strategic agreements with Exxaro ResourcesUnited Manganese of KalahariHotazel Manganese Mines and Tshipi é Ntle Manganese Mining, reinforcing efforts to support higher mining production through more efficient logistics.

At AMW 2026, Baatjies is expected to examine how rail modernization, private sector participation and regional logistics integration can unlock new mining investment while strengthening Africa’s mineral value chains and improving access to global markets.

 

 

Distributed by APO Group on behalf of Energy Capital & Power.

 

Continue Reading

Business

Senegal’s President and Energy Minister Confirm Official Patronage at MSGBC Oil, Gas & Power 2026

Published

on

African Energy Chamber

MSGBC Oil, Gas & Power 2026 will take place from 1-3 December in Dakar under the High Patronage of President Bassirou Diomaye Faye and in partnership with the Ministry of Energy and Petroleum of the Republic of Senegal

DAKAR, Senegal, August 18, 2026/APO Group/ —MSGBC Oil, Gas & Power 2026 has confirmed the official participation of Senegalese President Bassirou Diomaye Faye and Minister of Energy and Petroleum Dr. El Hadji Abdourahmane Diouf at this year’s event, set to take place 1-3 December at the Centre International de Conférences Abdou Diouf (CICAD) in Dakar.

Held under the High Patronage of President Faye and in partnership with the Ministry of Energy and Petroleum, MSGBC Oil, Gas & Power 2026 reflects the Senegalese government’s commitment to advancing energy sector investment and development across the MSGBC basin.

Minister Diouf assumed office in June 2026 following the formation of Senegal’s new government, which restructured the former Ministry of Energy, Petroleum and Mines into separate portfolios to place dedicated institutional focus on the country’s expanding hydrocarbons sector. He previously served as Minister of Higher Education, Research and Innovation and as Minister of the Environment and Ecological Transition.

Their participation comes as Senegal consolidates its position as a new oil and gas producer. The Sangomar field produced 17.9 million barrels in the first half of 2026, while the Greater Tortue Ahmeyim LNG project – shared with Mauritania – is now operating at full capacity following its first export cargo in early 2025.

Organized under the theme Powering Investment, Delivering Prosperity: Executing the Region’s Energy Strategy, MSGBC Oil, Gas & Power 2026 will convene heads of state, ministers, investors, operators and development partners to shape the next phase of energy investment across Mauritania, Senegal, The Gambia, Guinea-Bissau and Guinea-Conakry.

For more information and registration, visit www.msgbcoilgasandpower.com https://apo-opa.co/4xL10v4.

Distributed by APO Group on behalf of Energy Capital & Power.

Continue Reading

Energy

Energy Intensive Users Group of Southern Africa (EIUG) and VUKA Group announce joint EIUG Conference and C&I Energy + Storage Summit

Published

on

Energy

The EIUG Conference will provide a platform for open dialogue on electricity industry challenges and opportunities

JOHANNESBURG, South Africa, August 18, 2026/APO Group/ –The Energy Intensive Users Group of Southern Africa (EIUG), together with VUKA Group (https://WeAreVUKA.com/), will co‑host the EIUG Conference alongside the C&I Energy + Storage Summit, created by VUKA Group, on 28–29 October 2026 at The Maslow Hotel, Sandton.

The EIUG Conference is more than a gathering – it is a platform to shape South Africa’s industrial energy future

The EIUG Conference will provide a platform for open dialogue on electricity industry challenges and opportunities. It will bring together government, industry leaders, energy‑intensive consumers, and service providers to exchange perspectives, strengthen industrial competitiveness, and explore solutions for South Africa’s energy future.

The two‑day programme features ministerial and industry keynotes, panel discussions on tariff escalation, carbon tax, CBAM, and electricity market reforms, as well as masterclasses on financing, digitalisation, grid security, and hydrogen development.

Delegates will also benefit from networking functions, case study presentations, and practical workshops designed to accelerate the just energy transition.

“The EIUG Conference is more than a gathering – it is a platform to shape South Africa’s industrial energy future,” says Fanele Mondi, EIUG CEO. “ By bringing together government, industry, and service providers, we aim to foster open dialogue and practical solutions that support competitiveness, sustainability, and resilience.”

For more information, visit EIUG Conference (https://apo-opa.co/4x0Wzwd).

Distributed by APO Group on behalf of VUKA Group.

Continue Reading

Trending