FG Commissions NIMASA’s Search and Rescue Based Clinic The federal government has applauded the Nigerian Maritime Administration and Safety Agency (NIMASA) for its efforts at developing the maritime sector of the economy. The Minister for Transportation, Mu’ Azu jaji Sambo stated this during the commissioning of the NIMASA Search and Rescue Base Clinic (SARBC) in…
FG to save N7tn as Dangote Refinery Petrol is set to hit Market in July The Governor of the Central Bank of Nigeria, Godwin Emefiele, has disclosed that the Federal Government may save about N35tn in fiscal expenditure within the next five years with the commencement of operations at the Dangote Refinery and Petrochemicals. The…
Qatar: Aggressive Energy Transition Policies to Create Gas Shortages Qatar has issued a warning to Europe about disruptions in the supply of natural gas as the energy transition policies of governments stifle the investments necessary for keeping Europe flush with natural gas in the next decade. Qatar’s energy minister, Saad al-Kaabi, warned Europe on Tuesday…
NOGOF will Create Opportunities for Nigeria Oil and Gas Industry Speaking during his welcome address at the 4th Edition of the Nigerian Oil and Gas Opportunity Fair (NOGOF) 2023, the Executive Secretary, Simbi Wabote said, the theme of this year’s NOGOF “Oil & Gas Industry – Catalyst and Fuel for the Industrialization of Nigeria,” reflects…
Lekki Seaport berths 300-meter length Vessel, largest since commencement of operations The Lekki Deep Seaport on Friday surpassed stakeholders expectations since the start of operations with the berthing of its largest vessel, a 300-meter Length Over All vessel. The vessel christened CMA-CGM RABELAIS, with an impressive capacity of 6570 TEUs, started its journey from China….
Over $50bn Oil Industry Projects Unveiled at NOGOF- Wabote Oil and gas opportunities valued over $50bn and projected to be developed within five years were showcased by international and indigenous companies at the 2023 Nigerian Oil and Gas Opportunity Fair (NOGOF) which ended on Friday at the conference hall of the Nigerian Content Development and…
Lagos to boost Power Supply with 1GW Renewable Energy Project Lagos state government, has promised ‘Lagosians’ that it would generate 1 gigawatt (GW) of renewable energy to bridge the power supply gap in the state. The state government noted that increasing available renewable energy would make Lagos a more resilient city and help create more…
Kenya Power Targets 280,473 Homes With Cheap Connectivity Kenya Power has announced the return of the Last Mile Connectivity Project (LMCP), which will connect households to the national grid under a subsidized program. The new phase will benefit 280,473 households in 32 targeted counties at a cost of Sh26.8 billion. The LMCP project will see…
Kyari urges oil, gas stakeholders to focus more on gas domestication The Group Chief Executive Officer (GCEO), of the Nigerian National Petroleum Company Ltd, Mallam Mele Kyari, has called on stakeholders of the oil and gas industry to focus on gas and implored all partners to join NNPC to build and domesticate infrastructure. Kyari,…
Putin Says OPEC+ Cuts were to Maintain High Oil Prices Russia’s President Vladimir Putin has contradicted the position by OPEC+ that its 1.2 million barrels per day production cut announced in April was intended to balance the markets, with the Russian leader saying it was necessary to maintain relatively high oil prices. According to Putin,…
