CSR: NLNG Bags NECA’s Investment in Societal Renewal Award The Nigeria Employers’ Consultative Association (NECA) has conferred Nigeria LNG Limited (NLNG) the Investment in Societal Renewal and Corporate Social Responsibility (CSR) Award, recognising the Company’s unparalleled commitment to CSR initiatives in Nigeria. At the 3rd Annual NECA Employers’ Awards held in Lagos recently, NECA also…
NCDMB Completes 83% of the Nigerian Content Roadmap The 12th Practical Nigerian Content Forum 2023 got underway on Tuesday at the Nigerian Content Towers, Yenagoa, with the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote announcing that the agency has completed 83 percent of the 96 initiatives it…
NDPHC, Fenchurch Power Sign 150 MW Deal for Power Supply to Ondo, Edo, Delta The NDPHC, and Fenchurch Power have signed a 150MW power supply deal for Ondo, and Delta states. The agreement was signed at the NDPHC head office in Abuja between Mr. Olufemi Bakare; the Executive Vice Chairman of Faiza Utilities Limited; Mr….
Chief Upstream Investment Officer (CUIO), NNPC Upstream Investment Management Services (NUIMS), Mr. Bala Wunti; Executive Secretary, Nigerian Content Development and Monitoring Board, Engr. Simbi Kesiye Wabote and Mrs Oluremi Abisoye, Representative of the Honourable Minister of State for Petroleum (Gas) during the VIP tour of exhibition at the ongoing Practical Nigerian Content Forum in Yenagoa…
Stakeholders kick as FG launches new National Welding Policy There seems a bit of confusion on which is louder between the applause from the Monday, December 4, launch of the National Welding Policy by the Federal Ministry of Science, Technology and Innovation (FMSTI) and the outright rejection of the policy by many industry stakeholders. While…
FG to Revoke Unused Licenses for Oil Exploration The Federal Government is considering revoking oil exploration leases that were granted to companies by the Nigerian Upstream Petroleum and Regulatory Commission (NUPRC) but have remained unused without any exploration activities. Gbenga Komolafe, the Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission, emphasized that only…
Conference of the Parties (COP28): European Investment Bank (EIB) Global Presents First Just Resilience and Just Transition Approach to Meet Needs of Most Vulnerable …EIB Global backs projects through direct as well as intermediated lending through funds, banks, and micro-finance institutions The EIB is the first international financial institution to launch a just resilience…
Kyari Advocates for Just Energy Transition for Africa at COP 28 As conversations on finding sustainable solutions for a decarbonized energy future continue to hold globally, the Group Chief Executive Officer (GCEO), NNPC Ltd., Mr. Mele Kyari has said the African Continent needs “a just, differentiated transition” to enable it to harness its resources for…
Oil Down on Persistent Uncertainty over OPEC+ Supply Cuts Oil futures reversed course after rising briefly on Monday amid persistent pressure from the OPEC+ decision and uncertainty over global fuel demand growth, although the risk of supply disruptions from the Middle East conflict limited the losses. Brent crude futures were down 0.6%, or 49 cents,…
FG Names Nigeria Delegates at COP-28 The Federal Government has noted with interest the public conversation on the number of delegates from Nigeria attending the ongoing Climate Summit in Dubai, otherwise called COP-28, and the need to provide clarity in line with a standing pledge to conduct itself with transparency and accessibility regarding public information….