Dangote Sugar Refinery issues N42.79 Billon Commercial Papers at 23% and 25% Dangote Sugar Refinery announced the successful issuance of its N42.79 billion series 4 and 5 of its commercial papers, issued at 23% and 25%. The papers were issued as part of the company’s N150 billion commercial paper issuance programme. The series 4 and…
AGIS 2024: Create an Enabling Environment for Gas Technology Development in Africa – NAEC Tells, FG, Stakeholders The Chairman, Association of Energy Correspondents of Nigeria (NAEC), Ugo Amadi has called on the Federal Government and relevant stakeholders in the energy sector, to create an enabling environment for gas development and innovation of Gas technologies in…
President Tinubu Condemns Vandalism of Electricity Cables and Other Infrastructures President Bola Tinubu has expressed strong condemnation of the ongoing vandalism of electricity cables and other essential infrastructure across Nigeria, labeling these actions as “pure acts of sabotage.” This declaration underscores the urgent need for a change in the value system among Nigerians to address…
Aiteo Temporarily Shuts Down Nembe Field Due to Oil Spill Aiteo Eastern Exploration and Production Company (AEEPCO), an indigenous oil firm, has announced the temporary shutdown of production at its Nembe field following an oil spill incident. The spill, which was confirmed on Monday, June 17, 2024, has prompted immediate action from the company. In…
Aradel Holdings Plc Announces First Oil Attained from Omerelu Field Aradel Holdings Plc has achieved a significant milestone in its operational history with the successful re-entry of Well 2ST in the Omerelu Field, resulting in the attainment of First Oil on Friday, May 31, 2024. This achievement is set to enhance Aradel Holdings Plc’s production…
Seplat Energy Organises Media Training on Data, Investigative Journalism, others Seplat Energy Plc, a leading indigenous energy company, has successfully completed the first phase of its comprehensive training programme for journalists and media practitioners in Nigeria. This initial phase saw the participation of thirty-seven (37) energy and judiciary correspondents and editors. Organized in partnership with…
TotalEnergies and NNPC to Invest $550 Million in Nigerian Gas Facility In a strategic move aimed at bolstering Nigeria’s gas exports and domestic supply, TotalEnergies (TTEF.PA) and Nigeria’s state oil firm NNPC Ltd have announced a $550 million investment in a new gas processing facility in Rivers state. This development was disclosed by an NNPC…
Western Digital Expands Lineup with New SSD for Content Creators As content creation continues to surge and AI-enabled applications generate larger media assets, the need for high-performance, high-capacity data storage has become essential. Addressing this demand, Western Digital has expanded its WD Blue lineup to include the WD Blue SN5000 NVMe SSD, a high-capacity storage…
Africa Gas Innovation Summit Advocates for Supportive Environment to Propel Gas Technology Progress The 2024 Africa Gas Innovation Summit (AGIS) in Abuja united industry leaders, policymakers, and stakeholders to address the pivotal role of gas technology development in Africa’s energy future. Under the theme “Igniting the Future: Driving Sustainability in Africa’s Energy Landscape through Gas…
NLNG Vows Continued Benefits for Nigerians with Train 7 Project Progress Nigeria LNG Limited (NLNG) has reiterated its unwavering commitment to delivering significant economic benefits to Nigerians through the ongoing Train 7 project on Bonny Island. Company officials recently addressed the reconvened session of the Senate-House of Representatives’ Joint Committee on Gas (the Committee). During…
