Following its recent name change from Total to TotalEnergies, the company has unveiled the new names of its Nigerian-registered Upstream Companies. TotalEnergies made the disclosure at a virtual media parley held on Thursday, August 19, 2021. It was also an opportunity to shed light on its trailblazing role in earning carbon credits in Nigeria while…
Daniel Terungwa The Nigerian Ports Authority (NPA) Chapter of the Association of National Accountants of Nigeria (ANAN) has been inaugurated, with a charge to advance the science and values of accountancy in the administration of Nigerian ports. The Mainland Branch of ANAN, led by Evangelist Akinola Soares, was at the authority’s headquarters recently to inaugurate…
By Ikenna Omeje President Muhammadu Buhari, on Monday, signed the long-awaited Petroleum Industry Bill 2021 into law. This was disclosed in a statement by the Special Adviser to the President (Media and Publicity), Femi Adesina. “Working from home in five days quarantine as required by the Presidential Steering Committee on COVID-19 after returning from London…
By Ikenna Omeje The Organisation of Petroleum Exporting Countries (OPEC) has put Nigeria’s crude oil production in the month of July at 1.323 million barrels per day. This is a little higher than that of June, which stood at 1.313 mb/d. The data which is based on direct communication on crude oil production by the…
Daniel Terungwa The Federal Government says it will collaborate with China Railway Investment Group Limited (CRIG) to harness the versed mineral deposits across the country. The Minister of Mines and Steel Development Mr Olamilekan Adegbite, made this known while receiving the team of CRIG recently in Abuja. In a statement issued by Mrs Etore Thomas, the Director Press of the…
By Ikenna Omeje Following the launch of Nigerian Gas Transportation Network Code (NGTCN) in 2020, the Department of Petroleum Resources (DPR) says it has received about $500 millon gas development investment proposals. The Director of DPR, Engr. Sarki Auwalu, disclosed this at an interactive session with the media to mark the first year of operationalising…
Daniel Terungwa Chief Operating Officer, Asharami Synergy, an arm of Sahara Group, Mr Henry Menkiti has stated that the Society of Petroleum Engineers, SPE has a crucial role to play as torchbearers towards ensuring the growth and development of Nigeria’s oil and gas industry. Menkiti made the remark at the Nigeria Annual International Conference & Exhibition…
By Ikenna OmejeAs part of its drive to enhance customer experience and deliver better service, Ikeja Electric Plc (IE) has upgraded the IE Mobile App to include cutting-edge features that enable customers to access services with ease.The upgraded app which was announced recently, is a multi-functional app designed to allow customers make enquiries, check and…
– Provides Clarification on CVFF Disbursement, NSDP, others. Daniel Terungwa. Nigerian Maritime Administration and Safety Agency, NIMASA, is set for the flag-off of an intensive wreck removal exercise in Nigerian waters. The agency’s Director-General, Dr Bashir Jamoh, disclosed this recently during a ministerial retreat organised by the Federal Ministry of Transportation (FMOT) in Lagos. Jamoh said arrangements has been concluded for the recycling…
By Ikenna Omeje The Managing Director/Chief Executive Officer of an indigenous oil and gas firm, ND Western, Eberechukwu Oji, has advocated for more private investment participation in the frontier basin exploration. Oji who stated this in an interview with the Punch said that considering the fact that Nigeria has abundant oil and gas reserves, it…