IMF, Malawi Reach Staff Deal on $88m Emergency Financing The International Monetary Fund said on Friday that it had reached a staff-level agreement with Malawi for up to $88.3 million in emergency financing, as the southern African country struggles with acute forex shortages. Reuters reported earlier this week that Malawi, which has been experiencing chaotic…
Tinubu Will Remove Fuel Subsidy, Deregulate Gas Prices Nigeria’s presidential frontrunner Bola Tinubu on Friday promised to remove fuel subsidy if elected next February, adding that his government would ramp up oil production and deregulate midstream gas prices within six months. Nigerians will elect a successor to President Muhammadu Buhari, who steps down next year…
Decade of Gas award is an endorsement of FG’s commitment to gas development …validates Brevity Anderson’s resourcefulness Nigeria’s ‘Decade of Gas’ initiative has clinched the prestigious award of ‘Gas Monetization Development Award of the Year’ at the 2022 African Energy Week in Cape Town, South Africa. The award was received on behalf of the Honorable…
Nigerian Institute of Welding Contributing to the Development of National Welding Capacities in Africa for Increased Local Content The Nigerian Institute of Welding says it is contributing to the development of national welding capacities in Africa for Increased local content in respective national industries through The Welding Federation (TWF). The Nigerian Institute of Welding stated…
NCDMB Hosts R&D Roundtable, Gets Huge Backing from Industry Operators Research and development efforts in the Nigerian oil and gas industry have been given a huge boost as key operators under the aegis of Petroleum Contractors Trade Section (PCTS) have offered to provide an array of support that would facilitate demand-driven and sustainable R&D…
Energy Worth Online’s Oke Peter wins Pascal Decroos Fellowship Award By Henry Phillips Nigerian environment journalist, Oke Peter has won the prestigious 2022 Pascal Decroos Fellowship Award for outstanding investigative reporting. His research work on “Nigeria: How faulty waste processing and polluted water endanger 200 million inhabitants” is among the winning entries selected by the…
Buhari Honours Wabote with National Excellence Award in Public Service The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote was conferred with the “Distinguished Capacity Development Award” at the Nigeria Excellence Award in Public Service (NEAPS), by President Muhammadu Buhari (GCFR). The award was bestowed on Engr. Wabote…
Kyari Receives NEAPS Award from President Buhari President Mohammadu Buhari conferred on the Group Chief Executive Officer (GCEO) of Nigerian National Petroleum Company Limited (NNPCL), Mallam Mele Kyari, National Excellence Award in Public Service (NEAPS) for his outstanding reforms initiative in Nigeria’s Oil and Gas Industry. The GCEO was among 44 Distinguished Nigerians honoured at…
TotalEnergies/NNPCL JV Donates Relief Materials to OML58 Communities Raved by Flood TotalEnergies EP Nigeria Limited, together with her JV partners NNPC Limited donated relief materials to ameliorate the plight of flood victims within OML58 communities in Rivers State. Some of the relief materials and household items provided by the company include 340 bags of Rice…
UK’s Lloyds Ditches Project Finance for New Oil and Gas Fields Britain’s biggest domestic bank Lloyds said on Thursday it would not support direct financing to develop new oil and gas fields, joining a small number of lenders to push back on funding expansion of the industry. Others that have tightened lending policies recently are…
