top of page
  • Instagram
  • X
  • LinkedIn
Initiatives
04.22.2025

Powering growth through Nigeria’s energy future

Newbury Energy is an Abuja-based independent energy company with a mandate to source, develop, and operate projects across Nigeria’s energy value chain. With a focus on upstream oil and gas, midstream logistics, and infrastructure development, Newbury is positioned to address some of Nigeria’s most pressing energy challenges: underutilized reserves, weak infrastructure, and the urgent need for cleaner, more efficient supply systems.

 

Nigeria is Africa’s largest oil producer and home to some of the world’s most significant gas reserves. Yet decades of underinvestment, infrastructure constraints, and reliance on imported fuels have limited the sector’s ability to deliver reliable, affordable energy to its people and industries. Newbury Energy’s mission is to help unlock this potential by combining technical expertise, disciplined execution, and strong local partnerships to drive sustainable growth.

 

Karen Thomasine serves as a strategic advisor to Newbury Energy, guiding the company through its next phase of institutional and operational growth. This advisory role covers funding strategy and capital structuring, corporate governance, human resource development, and strategic positioning within Nigeria’s evolving energy landscape. By helping the company establish best practices in leadership, compliance, and market engagement, we are supporting Newbury’s transformation into a world-class energy platform capable of scaling both domestically and across the wider African region.

Newbury’s vision is straightforward yet powerful: to transform Nigeria’s vast natural wealth into reliable, accessible, and sustainable energy that powers industries, homes, and future generations. Its strategy rests on four pillars — revitalizing upstream production through efficiency and technology, strengthening midstream infrastructure to ensure secure and consistent flow, supporting domestic utilization by expanding gas-to-power initiatives, and bridging toward transition energy by integrating emissions reduction and hybrid energy systems. Through these pillars, Newbury aligns closely with Nigeria’s energy security goals and its ambition to emerge as a regional energy hub.

Nigeria’s market dynamics underscore the importance of this mission. With over 220 million people today and a projected population exceeding 375 million by 2050, energy demand is rising rapidly. The country holds thirty-seven billion barrels of proven oil reserves and over two hundred trillion cubic feet of natural gas, ranking among the world’s top ten energy resource holders. Yet nearly forty percent of Nigerians lack access to reliable electricity, and billions are lost annually due to pipeline vandalism, inadequate refining, and poor storage infrastructure. The global shift toward lower-carbon energy has also created new pressure for environmental stewardship and operational efficiency which are areas where Newbury’s integrated model is particularly well suited to deliver results.

Newbury’s operational framework is built on six interconnected pillars. Its upstream revitalization strategy targets marginal and mature fields, deploying advanced recovery methods to maximize output while maintaining cost discipline. The midstream infrastructure and logistics pillar focuses on developing pipelines, terminals, and storage to reduce losses and improve distribution across Nigeria and regional trade routes. Through its gas monetization and power initiatives, Newbury supports the government’s “Decade of Gas” policy by expanding gas supply for industries, modular power plants, and domestic use. Its environmental stewardship framework integrates flare capture, emissions monitoring, and energy efficiency measures to meet international ESG standards. The local content and skills development pillar ensures Nigerian participation through job creation, SME inclusion, and technical training. Finally, strategic partnerships with regulators, communities, and investors ensure alignment with the Petroleum Industry Act and long-term policy frameworks.

Several forces make now the right time for Newbury Energy’s expansion. The Petroleum Industry Act has established a predictable regulatory environment, encouraging both local and international investment. Nigeria’s Decade of Gas initiative positions natural gas as the cornerstone of its transition strategy, creating significant opportunities for modular power, LNG, and industrial supply. With refinery capacity still below domestic demand, there is strong need for modular processing projects and logistics infrastructure. Meanwhile, demographic and economic growth continue to drive energy consumption, making the development of a sustainable supply chain essential. Global investors, too, are increasingly drawn to companies that combine hydrocarbon efficiency with measurable environmental responsibility — a balance that defines Newbury’s approach.

Newbury Energy’s role extends far beyond oil and gas production. It is about building the capacity and resilience required for Nigeria’s long-term prosperity. For industry, it unlocks stranded resources and provides reliable feedstock to manufacturing and power sectors. For government, it enhances revenue, stabilizes supply, and reduces import dependency. For communities, it creates jobs, expands access to affordable energy, and supports local economic growth. For global partners, it represents a credible, ESG-aligned platform that delivers both returns and measurable impact.

Newbury Energy embodies a new generation of Nigerian energy companies pragmatic, efficient, and future-oriented. By revitalizing upstream production, investing in midstream infrastructure, and advancing gas utilization, it is helping Nigeria meet immediate energy needs while laying the foundation for a sustainable transition. This is more than an extraction model; it is a blueprint for enduring value. By operating with discipline, embedding sustainability, and developing local capacity, Newbury Energy is helping chart Nigeria’s path toward a more resilient, secure, and prosperous energy future.

bottom of page