NCDMB’s Support is Causing Us to Think Upgrades, Additional Investments” The Chief Operating Officer of MicCom Cables and Wires, Bukola Adubi, has said that as a result of the support her company is getting from the Nigerian Content Development and Monitoring Board (NCDMB), through its effective and efficient implementation of the Nigerian Oil and Gas…
NNPC/SNEPCo supports special need pupils in five-year partnership with Irede Foundation A partnership between the Nigerian National Petroleum Company Limited, Shell Nigeria Exploration Company Limited (NNPC/SNEPCo) and an NGO, The Irede Foundation has been supporting pupils living with disabilities with prosthetic limbs and training to enable them to acquire education and lead productive lives. Among…
PIA: Embrace government’s developmental opportunities trust, S4C urges communities A non-governmental group, Spaces for Change (S4C), has advised communities to embrace opportunities offered by Nigeria’s Petroleum Industry Act ( PIA) to achieve sustainable development. Its Executive Director, Mrs Victoria Ibezim-Ohaeri, gave the advice at the opening of the two-day National Extractive Dialogue 2023, hosted by S4C…
The NEITI 2021 Oil and Gas Industry Report – Dr. Orji Ogbonnaya Orji This report provides information and data on Nigeria’s oil and gas sector with special attention on helping the government to recover resources that it needs to address the numerous national development issues especially poverty reduction through resource mobilisation and deployment. The Oil…
Asiko Deepens Gas Penetration, Unveils 300 Metric Tonnes LPG/CNG Depot in Benin Asiko, a leading provider of clean energy solutions operating in Nigeria’s energy sector, has continued to contribute to the economic development of the country with its sterling efforts to ensure in-country utilisation and deepening of gas penetration in the nation, as it unveils…
OPEC Daily Basket Price Stood At $96.87 a Barrel Friday The price of OPEC basket of 13 crudes stood at $96.87 a barrel on Friday, September 15, 2023 compared with $95.7 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes, ORB, is made up of the following: Saharan Blend (Algeria),…
TotalEnergies Mobilized to Support the People of Libya Following the devastating floods in Libya last week, TotalEnergies answered Libya’s National Oil Corporation’s call for support from the very first hours of the tragedy. The Company mobilized land and air logistical resources to provide emergency aid for the thousands of people affected by the disaster in…
Seplat Energy CEO gets Businessday’s Recognition for Excellence, Exceptional Leadership The Chief Executive Officer of Seplat Energy Plc, Mr. Roger Brown, has been recognised for excellence and exceptional leadership in business by Nigeria’s foremost business news media, BusinessDay Media Limited in collaboration with the Nigerian Exchange Limited (NGX). Th recognition was announced at the BusinessDay…
IE Spends about 250m to Replace Faulty 15MVA Power Transformer to Boost Power Supply to Ikorodu Communities Nigeria’s leading Electricity Distribution Company, Ikeja Electric Plc (IE) in its efforts to strengthen critical infrastructure to ensure improved service to its esteemed customers in the Ikorodu axis of Lagos State recently replaced the faulty 15MVA power transformer…
Unremitted Revenue Rises to $9.85bn, NEITI Latest Oil And Gas Report Reveals The total unremitted revenues to the Federation by some relevant government agencies and companies in the oil and gas sector in the year 2021 have risen to over $9.85bn. The figure and other vital pieces of information and data about Nigeria’s petroleum sector…