Nigeria’s Crude Inflow into Global Markets Affected by Russia-Ukraine Crisis, Reveals NNPC Ltd. Nigerian National Petroleum Corporation, (NNPC) Ltd. has shed light on the repercussions of the ongoing conflict between Russia and Ukraine, revealing how it has affected the inflow of Nigerian crude oil in the global oil market. This has resulted in a decline…
TUC Pickets TotalEnergies, Fedoz over Unfair Labour Practices The Trade Union Congress, TUC has threatened to shutdown all oil and gas operations in the country over unfair labour practices allegedly meted out to its members by two oil firms, Fedoz Nigeria Limited and TotalEnergies EP Nigeria Limited. The organised labour is accusing Fedoz Nigeria Limited,…
Decarbonising Nigeria is Feasible with Current Power Technologies “Decarbonising Nigeria is feasible with current power technologies and will not cost more,” Wale Yusuff, Managing Director of Wärtsilä Nigeria has disclosed. Meeting last week in Abuja and Lagos for the 2023 Energy Transition Forum, Nigeria’s leading energy experts have outlined the country’s roadmap to decarbonisation, and…
Lekeh Development Foundation Electrifies Rivers Community with Solar Power The Lekeh Development Foundation has launched solar powered electricity for Kaani community in Khana Local Government Area of Rivers State, as part of its Power-Up Ogoni Campaign for climate solution. The Power-Up Ogoni campaign by Lekeh Development Foundation in collaboration with 350.Org launched in Kaani, saw…
Blue Economy Initiative Key to Africa’s Prosperity – Tinubu President Bola Ahmed Tinubu has charged African leaders on the need to prioritize the Blue Economy, noting that it holds the key to Africa’s prosperity. Speaking at the 43rd Annual Council of the Port Management Association of West and Central Africa (PMAWCA) conference on Monday, he…
MOSOP Accuses UNEP of Compromising Report over Shell The Movement for the Survival of the Ogoni People, MOSOP, has accused the United Nations Environment Programme, UNEP of compromise in order to protect the Shell Petroleum Development Company of Nigeria Limited, SPDC, on its environmental impact assessment report on Ogoniland. MOSOP President, Fegalo Nsuke, said the…
NNPC Ltd. Working with NEITI, Other Stakeholders to Reconcile NEITI’s 2021 Report The Nigerian National Petroleum Company Limited (NNPCL) will continue to collaborate with the Nigeria Extractive Industries Transparency Initiative (NEITI) and all relevant stakeholders in the Reconciliation Committee set up by President Bola Tinubu to investigate, review and reconcile the financial records on alleged…
NCDMB Unveils New Nigerian Content Reporting Template A new monitoring and evaluation reporting template has been conceptualised and presented to stakeholders of the oil and gas industry by the Nigerian Content Development and Monitoring Board, NCDMB, This is in line with the provisions of the Nigerian Oil and Gas Industry Content Development, NOGICD, Act 2010…
Oil Rises by 1% as Saudi Arabia, Russia Stick to Cuts Oil prices rose on Monday, after top exporters Saudi Arabia and Russia reaffirmed their commitment to extra voluntary oil supply cuts until the end of the year. Brent crude futures rose $1.03, or 1.21%, to $85.92 a barrel by 0834 GMT, while U.S. West…
NNPC’s NEPL-Related Oil and Gas Leaks Force Bayelsa Fishermen Out of Work A massive oil and gas leak from a high-pressure wellhead operated by the NNPC Exploration and Production Limited, NEPL, a subsidiary of the Nigeria National Petroleum Company Limited, has displaced fishermen in Okpoama, Brass Local Government Area of Bayelsa State. NEPL, formally known…
