A new oilfield discovered in Southwestern Iran is the second largest found in the country, Iran’s Oil minister Bijan Zanganeh said on Monday, according to SHANA, the ministry’s news site. The Namavaran oilfield has an estimated 53 billion barrels of reserves, Zanganeh said. Exploration started at the site in 2016, with 31 billion barrels previously…
Indonesian President Joko Widodo on Monday urged ministers to focus more attention on the expansion of the oil processing units’ refinery capacity and construction. This is in a bid to bring down current account and trade deficits. The president also asked them to focus on efforts to boost oil lifting and make the government’s biodiesel…
Osam Iyahen Synopsis: Osam Iyahen is a Director at Africa Finance Corporation (AFC), a leading investment grade infrastructure solutions provider, created by sovereign African states to provide pragmatic solutions to Africa’s Infrastructure deficit and challenging operating environment, by developing and financing infrastructure, natural resources, and industrial assets, for enhanced productivity and economic growth of African…
ENERGY giant, The Shell Petroleum Development Company of Nigeria Limited (SPDC), has been honoured for providing opportunities to talented secondary school students in the Niger Delta to participate in the United Nation’s Model Conferences in the United States of America. Founder and Country Director of Future Trust Initiatives, Dr. Maureen Egbuche, announced the corporate…
Cooking gas price hike: NLNG commences 350,000 MT discharge to NOJ terminal in Lagos Mrs Sophia Horsfall, Manager, Corporate Communications and Public Affairs of the Nigeria Liquidified Natural Gas (NLNG) on Monday confirmed that the company would deliver LPG to New Oil Jetty (NOJ) terminal in Lagos today. Horsfall confirmed to TBI Africa through mail…
Professor Tamunoemi Sokari David-West a consultant virologist of national and international standing and lecturer at the University of Ibadan for decades, is dead. He was aged 83. News of his transition was conveyed in a tribute by President Muhammadu Buhari. David-West was Petroleum minister when Buhari was a military head of state between 1984 and…
Telecom operators have warned that some regions in the country will experience network disruptions due to the restrictions of trucks supplying diesel to transceiver base stations close to the border area. The operators, under the aegis of the Association of Licensed Telecommunications Operators of Nigeria, hub sites in Calabar area would be shut down on…
In furtherance of their efforts to deliver sustainable community development projects in their target communities, two organisations founded and funded by the NNPC/Chevron Nigeria Ltd Joint Venture, the Ilaje Rural Development Advocacy Committee Initiative (ILRDC) and the Amalgamation of Ilaje Ugbo Coastal Communities Association (AMAICOMMA CCDC) held a groundbreaking ceremony of a Mother and Child Health…
*Akure – November 10, 2019:* The Who-is-who in Ilaje land and Ondo State are gathering in Akure, the Ondo State Capital, on November 23, 2019 for the inaugural ILAJE DEVELOPMENT SUMMIT. The Ondo State Governor HE Rotimi Akeredolu SAN is the Special Guest of Honour and keynote speaker at the summit. The summit is organized…
Mr Caleb Okoye, Life Patron, Nigeria Institute of Shipping (NIS), has called for urgent actions to decongest Nigerian ports and re-establish a national carrier for faster development of the shipping industry. Okoye made the call at the Nigeria Institute of Shipping’s 9th Annual General Meeting and Awards held on Friday night in Lagos. According to…
