Author: majorwavesen

OIL AND GAS

INTERVIEW : The divestment of expatriate companies underscores the necessity for Nigeria’s oil (and energy) independence.
Bymajorwavesen July 12, 2024July 12, 2024

INTERVIEW : The divestment of expatriate companies underscores the necessity for Nigeria’s oil (and energy) independence. Wole Ogunsanya, PETAN Chairman By Jerome Okojokwu-Idu Introduction: Sequel to the recent Executive Orders and drive by Nigeria’s President Bola Ahmed Tinubu-led administration to attract investments into Nigeria’s oil and gas industry, the chairman of the Petroleum Technology Association…

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NEWS | OIL AND GAS

12 professors, 15 others inducted into Shell sabbatical, research positions
Bymajorwavesen July 12, 2024

12 professors, 15 others inducted into Shell sabbatical, research positions The Shell Petroleum Development Company of Nigeria Limited (SPDC) Joint Venture has significantly expanded its educational initiatives by inducting 27 Nigerian academics and research interns. This year’s programme, a 35% increase from the previous year, welcomed eight professors, four senior lecturers, and 15 other participants….

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INFRASTRUCTURE

PHOTO STORY: Shell on facility visit to Dangote Refinery
Bymajorwavesen July 10, 2024

PHOTO STORY: Shell on facility visit to Dangote Refinery

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NEWS

Access Holdings Plc Secures SEC Approval for N351 Billion Rights Issue
Bymajorwavesen July 9, 2024July 10, 2024

Access Holdings Plc Secures SEC Approval for N351 Billion Rights Issue …Milestone in Capital Raising Programme to Generate up to $1.5 Billion Access Holdings Plc, one of Africa’s leading financial services groups, has received approval from the Securities and Exchange Commission (SEC) to commence its N351 billion Rights Issue (‘the Offer’). This marks a significant…

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NEWS

Expert Advocates Increased Synergy Between FG
Bymajorwavesen July 9, 2024

Expert Advocates Increased Synergy Between FG, Regulatory Agencies in Oil and Gas Sector There is an urgent need for increased synergy and cooperation in Nigeria’s energy, oil, and gas sector to improve productivity and ramp up investments across the value chain. Gloria Iroegbunam, General Manager, Legal and Company Secretary at LEKOIL Nigeria Limited, emphasized this…

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OIL AND GAS | NEWS

NNPC Addresses Fuel Queues, Cites Logistics Challenges and Flooding
Bymajorwavesen July 9, 2024

NNPC Addresses Fuel Queues, Cites Logistics Challenges and Flooding …NNPC and Stakeholders Vow to Restore Normalcy NNPC Ltd has attributed the recent fuel queues in the Federal Capital Territory (FCT) and other parts of Nigeria to disruptions in the ship-to-ship (STS) transfer of Premium Motor Spirit (PMS), also known as petrol. The disruptions were caused…

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INFRASTRUCTURE

S&P Global: Dangote Refinery Can Solve Nigeria’s Forex Problems
Bymajorwavesen July 9, 2024

S&P Global: Dangote Refinery Can Solve Nigeria’s Forex Problems …Refinery poised to catalyze economic development The Dangote Refinery has announced that it will begin the availability of Premium Motor Spirit (PMS) starting this July. The international financial analytics corporation, S&P Global, has highlighted the 650,000 barrels per day (bpd) Dangote Oil Refinery and Petrochemicals company…

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Sustainability

Sahara Group Highlights Sustainability Milestones in Third Edition of Gree’n’lectric
Bymajorwavesen July 9, 2024

Sahara Group Highlights Sustainability Milestones in Third Edition of Gree’n’lectric Leading responsible energy and infrastructure conglomerate, Sahara Group, has reinforced its dedication to managing its environmental footprint through carbon emission reduction strategies across its businesses. During the unveiling of the third edition of Gree’n’lectric, a Sahara Power Group digital publication dedicated to promoting clean energy…

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OIL AND GAS

Chevron Nigeria Wins Best Exhibitor Award at 2024 NOG Energy week
Bymajorwavesen July 6, 2024

Chevron Nigeria Wins Best Exhibitor Award at 2024 NOG Energy week Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Company Limited (“NNPCL”) and CNL – “NNPCL/CNL JV” – was on Wednesday July 3, 2024, recognized with the Best Exhibitor award at the 2024 edition of the Nigerian Oil and…

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OIL AND GAS

NNPC Ltd Declares State of Emergency on Crude Oil Production
Bymajorwavesen July 5, 2024

NNPC Ltd Calls for Development of Institutions to Finance Energy Projects …Says everyone has role to play in de-risking sector to attract investors The Nigerian National Petroleum Company Limited (NNPC Ltd) has called for the establishment of more local institutions in Nigeria and Africa with capacity to provide funding for energy projects to tackle energy…

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