Since then, its charter has been amended several times to include exploration, exploitation and development of all energy resources in the country.

The government later acquired refineries and petroleum transport and marketing firms with the aim of being a “total” energy company.

PNOC also initiated the exploration of the country’s oil and non-oil energy resources, such as geothermal.

[4] PNOC EC’s is involved with the project with Royal Dutch Shell Exploration (as operator) and Texaco.

Through renewable energy, the country would be able to reduce its dependence on imported oil, while mitigating climate change.