Author: majorwavesen

POWER

Ikeja Electric Celebrates May Day with Awards for Excellence and Infrastructure Investments
Bymajorwavesen May 7, 2024

Ikeja Electric Celebrates May Day with Awards for Excellence and Infrastructure Investments Ikeja Electric Plc (IE), Nigeria’s leading electricity distribution company, reaffirmed its dedication to enhancing network infrastructure to ensure efficient service delivery, as it celebrated International Workers Day. In a statement by Mr. Kingsley Okotie, Head of Corporate Communications, IE expressed gratitude to its…

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OIL AND GAS | NEWS

Shell Surpasses Expectations with $7.7 Billion Q1, 2024 Financial Performance
Bymajorwavesen May 4, 2024

Shell Surpasses Expectations with $7.7 Billion Q1, 2024 Financial Performance Oil giant Shell has outperformed analyst predictions, reporting earnings of $7.7 billion in the first quarter of 2024. This figure exceeded adjusted earnings expectations of approximately $6.46 billion, attributed to robust oil trading activities and higher refining margins. The company intends to bolster its share…

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OIL AND GAS

House of Representatives Committee on Petroleum Reassures Nigerians on Fuel Queues
Bymajorwavesen May 4, 2024

House of Representatives Committee on Petroleum Reassures Nigerians on Fuel Queues The House of Representatives Committee on Petroleum Resources (Downstream and Midstream) has addressed the recent fuel queues across Nigeria, aiming to calm public concerns. Key Points: Fuel Availability: The Committee assures Nigerians that there is sufficient petrol in storage facilities, with over 1.5 billion…

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NEWS | OIL AND GAS

Ethnic Youth Leaders Praise Kyari and NNPCL for Addressing Fuel Shortages
Bymajorwavesen May 4, 2024

Ethnic Youth Leaders Praise Kyari and NNPCL for Addressing Fuel Shortages The Ethnic Youth Leaders have expressed their appreciation for the efforts of Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), and Adedapo Segun, the Executive Vice President, Downstream, in tackling the recent fuel supply disruption. In a…

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OIL AND GAS | INFRASTRUCTURE

Dangote Refinery to Receive Licence Soon, Says NMDPRA
Bymajorwavesen May 4, 2024

Dangote Refinery to Receive Licence Soon, Says NMDPRA The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced that the 650,000 barrels per day Dangote Petroleum Refinery is nearing completion and will soon be issued a license to operate. This news was revealed during a “Stakeholders’ Consultation Forum on Midstream and Petroleum Host Community…

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NEWS

DRC Mining Week Focuses on Sustainability Win-Win for Mining Houses and Local Communities
Bymajorwavesen May 4, 2024

DRC Mining Week Focuses on Sustainability Win-Win for Mining Houses and Local Communities …Annual flagship event to host 8000+ mining professionals in Lubumbashi DRC Mining Week returns to Lubumbashi in the heart of the Copperbelt in June with a bold, comprehensive and dedicated programme focusing on “Prioritising sustainable mining operations and local transformation in the DRC.”…

Read More DRC Mining Week Focuses on Sustainability Win-Win for Mining Houses and Local Communities
OIL AND GAS

NUPRC Outlines Requirements for Potential Investors in SPDC Assets
Bymajorwavesen May 4, 2024

Nigerian Regulatory Body Outlines Requirements for Potential Investors in SPDC Assets In a significant development for Nigeria’s oil and gas sector, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has unveiled the conditions prospective investors must meet to participate in the divestment of Shell Petroleum Development Company of Nigeria Limited (SPDC) assets. During a gathering in…

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NEWS | OIL AND GAS

Shell Nigeria Gas to build gas distribution network in Oyo State
Bymajorwavesen May 3, 2024

Shell Nigeria Gas to build gas distribution network in Oyo State The Oyo State Government and Shell Nigeria Gas (SNG) have signed an agreement to develop a gas supply and distribution infrastructure that will deliver gas to industrial and commercial users in the state. SNG will build and operate the gas distribution network, which will…

Read More Shell Nigeria Gas to build gas distribution network in Oyo State
OIL AND GAS | NEWS

Sierra Leone Blocks on Show as PDSL Joins AEW: Invest in African Energy
Bymajorwavesen May 1, 2024May 1, 2024

Sierra Leone Blocks on Show as PDSL Joins AEW: Invest in African Energy Foday Mansaray II, Director General of the Petroleum Directorate of Sierra Leone, will speak at the 2024 edition of the African Energy Week (AEW): Invest in African Energy conference – Africa’s premier event for the energy sector – scheduled for 4–8 November in Cape…

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NEWS

NAEC Gears Up for 2024 International Energy Conference, Engaging Industry Leaders to Address Energy Challenges
Bymajorwavesen April 30, 2024

NAEC Gears Up for 2024 International Energy Conference, Engaging Industry Leaders to Address Energy Challenges Lagos, Nigeria – The Association of Energy Correspondents of Nigeria (NAEC) is set to host its Annual International Energy Conference on October 3, 2024, in Lagos, bringing together top energy industry leaders and stakeholders to deliberate on critical energy issues…

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