NCDMB’s ICT Sectoral Working Group Holds 3-Day Workshop in Lagos As part of the efforts to deepen local content in the Information and Communication Technology (ICT) in the Nigerian oil and gas industry, the Nigerian Content Consultative forum (NCCF) ICT – Sectorial Working Group of the Nigerian Content Development and Monitoring Board (NCDMB), recently held…
Nigeria Backs Saudi Arabia on Possible Oil Production Cut By Ikenna Omeje The Nigerian government has backed Saudi Arabia, the de-facto leader of the the Organisation of Petroleum Exporting Countries (OPEC), on its idea that members may cut oil production output to stabilize the market. Saudi Energy Minister, Prince Abdulaziz bin Salman, who floated the…
IBEDC, USAID Partner on Empowering Women in Power Sector The Ibadan Electricity Distribution Company (IBEDC) is collaborating with the United States Agency for International Development (USAID), to promote gender equality and empower women in the power sector. This was the focus of the “IBEDC 2022 DISCO for Women Conference” held in Ibadan, Oyo State, with…
NESREA Seals 39 Facilities Over Violation of Environmental Laws The National Environmental Standards and Regulations Enforcement Agency (NESREA) has sealed 39 facilities in different parts of Nigeria over violation of environmental laws. The Director General Of NESREA Prof. Aliu Jauro, disclosed this during a press briefing with journalists in Abuja. Jauro said that the facilities…
SHELL NIGERIA GAS COMMISSIONS INDIGENOUS FIRM TO CARRY OUT LARGEST DOMESTIC GAS MARKET SURVEY IN NIGERIA Nigeria’s leading domestic gas distribution company, the Shell Nigeria Gas Limited (SNG), has commissioned a far-reaching gas market survey in 33% of the states in Nigeria to gain deeper market insights for entry and to accelerate the achievement of…
Ex- Niger Delta Amnesty Boss, Dokubo is Dead A former Coordinator of the Presidential Amnesty Programme (PAP), Professor Charles Dokubo, is dead. This is coming two years after he was sacked in a controversial manner by President Muhammadu Buhari. According to reports, Dokubo, 70, died at a hospital in Abuja on Wednesday night. He was…
NUPRC Proposes Declaration of State of Emergency to Tackle Oil Theft, Others As part of measures to address numerous challenges confronting the Nigerian oil and gas industry such as oil theft, insecurity, ageing and decaying infrastructure, amongst others, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has proposed the declaration of State of Emergency. The Chief…
Seplat Seeks Clarification on Withdrawal of Ministerial Consent to its Proposed Acquisition of MPNU Seplat Energy, on Thursday, said that it is seeking clarification from the relevant authorities to media report claiming that ministerial consent earlier given by President Muhammadu Buhari to its proposed acquisition of the entire share capital of Mobil Producing Nigeria Unlimited…
Buhari Gives Ministerial Consent to Seplat’s Proposed Acquisition of MPNU By Ikenna Omeje President Muhammadu Buhari has given ministerial consent to Seplat Energy’s proposed acquisition of the entire share capital of Mobil Producing Nigeria Unlimited (MPNU). Presidential spokesman, Femi Adesina who made the disclosure on Monday, said that the approval by the president was in…
OPEC will Struggle to Balance Supply and Demand in 2023 Despite recessionary fears, members of the Organisation of Petroleum Exporting Countries (OPEC) will need to increase their production output in 2023 if they are to balance oil supply and demand. The latest forecasts from the International Energy Agency (IEA), the US Energy Information Administration (EIA)…