By Ikenna Omeje The Peoples Democratic Party (PDP) has berated the Nigerian National Petroleum Corporation (NNPC) over its plans to acquire 20 percent stake in the 650,000 barrels per day Dangote refinery, currently under construction in Lekki, Lagos State. The NNPC’s Chief Operating Officer, Refining and Petrochemicals, Mustapha Yakubu, had made the disclosure while speaking…
Africa Oil Week (AOW), part of Hyve Group PLC, announces that the 2021 edition of the event will be held in Dubai, 8-11 November at the Madinat Jumeirah. After careful evaluation of government guidelines and consultation with customers, the organisers have made the decision to move dates and location of Africa Oil Week 2021, originally…
Indigenous oil firms, A.A. Rano, Shafa Exploration, Matrix Energy, and Vhelblerg Exploration were among oil companies awarded marginal oil field licence by the Department of Petroleum Resources, DPR, on Monday. The award came a year after 2020 marginal field bid round began with 591 companies applying to win 57 oil fields on offer. The oil…
By Ikenna Omeje The Minister of Power, Engr Sale Mamman, is currently leading the Nigerian delegation alongside the Nigerian Ambassador to Germany, Yusuf Tuggar, to attend the 14th German-African Energy Forum in Hamburg, Germany. Mamman who disclosed this via his social media handles said, “I am leading the Nigerian delegation alongside our host H.E Ambassador Yusuf Tuggar…
Interior Secretary Deb Haaland orders new environmental review of the leasing program, saying the Trump administration did an ‘insufficient analysis’ of drilling’s impact By Juliet Eilperin and Joshua Partlow The Biden administration on Tuesday suspended oil and gas leases in the Arctic National Wildlife Refuge, targeting one of President Donald Trump’s most significant environmental acts during his last…
Austrian-based international, multi-stakeholder platform dedicated to advancing knowledge for development, economy and society, Knowledge for Development Partnership (K4DP) has announced the appointment of Prince Lekan Fadina to its Board of Directors. This was disclosed recently by the General Manager, K4DP, Dr Andreas Brandner in a press statement on the official website of the organization. Prince Fadina who is a fellow, Institute…
The Minister of State for Petroleum Resources, Chief Timipre Sylva on Tuesday in Lagos commissioned the UNICORN Incubation Campus, reputed to be Africa’s largest incubation campus, with the mission to prepare and equip Nigerian youths in the application of science, technology, and innovation to create home-grown business solutions to everyday problems in the different sectors…
Teams from six universities have emerged among the six finalists in the first-ever Nigerian Content Science and Technology Innovation Challenge (STIC) sponsored by the Nigerian Content Development and Monitoring Board (NCDMB). The six winners – two from each region include University of Jos and the Federal University of Agriculture, Makurdi, for the Northern region; the…
The new leadership of the Oil and Gas Trainers Association of Nigeria (OGTAN) have been challenged to take the association to greater heights through the categorization of members’ capabilities and identification of niche areas in the oil and gas industry with high employment opportunities. The Executive Secretary Nigerian Content Development and Monitoring Board (NCDMB), Engr….
SENATOR Ben Ayade on Thursday flagged off 8.2 billion naira hydro electricity project situated at the Obudu Ranch Resort to provide alternative electricity to the state and other surrounding states. Speaking at the workshop for technicians, and stakeholders in hydro electricity, Senator Ayade bemoaned the failure of Nigeria to utilise the billions of cubit water…