Kyari calls for adaptation to changing energy landscape

Wed, Nov 15, 2023
By editor

Oil & Gas

advocates diversified energy portfolio

MELE Kyari, group chief executive officer, GCEO, NNPC Ltd, has charged stakeholders within the Nigerian oil and gas industry to adapt, evolve and lead in the ever-changing global energy landscape.

Kyari gave this charge on Tuesday while delivering an Industry address at the opening ceremony of the 41st Nigerian Association of Petroleum Explorationists (NAPE) Conference taking place in Lagos.

Kyari, who was represented by Oritsemeyiwa Eyesan, NNPC Ltd’s executive vice president, Upstream, underscored the pivotal role of oil and gas exploration in shaping the future of the oil industry and emphasized the need for dedication, expertise and pursuit of knowledge in the quest to unlock new frontiers and push technological and economic boundaries within the industry.

NNPC Ltd’s Executive Vice President, Upstream, Mrs Oritsemeyiwa Eyesan, delivery the Industry Address on behalf of the GCEO at the opening ceremony of the 41st NAPE Conference in Lagos.

Reiterating NNPC Ltd’s commitment, the GCEO emphasized the company’s dedication to embracing exploration, developing renewables, fostering innovation, adopting emerging technologies, and implementing portfolio management as key drivers of success in the evolving energy landscape.  He expressed optimism that the NAPE Conference would yield solutions and positively impact the nation’s economic landscape.

While acknowledging the global shift towards renewable energy, he pointed out challenges such as intermittency, predictability, and reliability due to geological constraints.

He further highlighted the absence of a perfect energy source and advocated for a diversified energy portfolio that leverages innovation and technology to harness the strengths of different energy sources.

The NAPE Conference is an annual convergence of geologists and industry professionals engaged in oil and gas exploration and production. This year’s edition has as its theme “Repositioning the Oil & Gas Industry for Future Dynamics,” and seeks to advance the study and application of geosciences for the benefit of stakeholders.


-November 15, 2023 @ 12:38 GMT |


Dangote, NNPC spat: Shareholders condemn demarketing of Dangote Refinery

SHAREHOLDERS have strongly defended Africa's foremost industrialist, Aliko Dangote over the on-going petroleum product supply controversies, while...

Read More
Provides legislative framework for private refiners, expert urges FG

DR Ayodele Oni, Partner, Bloomfield Law Practice, has urged the Federal Government to create an enabling legislative framework that provides...

Read More
OPEC daily basket price stood at $82.77 a barrel Monday

THE price of OPEC basket of 12 crudes stood at $82.77 a barrel on Monday, July 22, 2024, compared with...

Read More