TO further expand its extensive portfolio of research collaboration with India’s universities, ExxonMobil has signed agreements with the Indian Institute of Technology locations in Madras and Bombay. The five-year agreements will focus on progressing research in biofuels and bio-products. The agreement will also target gas transport and conversion, climate and environment, and low-emissions technologies for…
The Deputy President of the Senate, Senator Ovie Omo-Agege has resolved the crisis between the Nigeria Agip Oil Company (NAOC) and Oleh community in Isoko South Local Government Area of Delta State. Indigenes of the oil-rich Oleh Community had been protesting NAOC’s refusal to memorandum of understanding with the community as well as payment of…
Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations said that they could not generate 3,133.9 megawatts of electricity due to unavailability of distribution infrastructure on Thursday . This is contained in a daily energy report by the Advisory Power Team, office of the Vice President, a copy of which was obtained by the News…
The Forward Operating Base (FORMOSO) of the Nigeria Navy has handed over a grounded seized vessel (MT Maro) to a steel company in order to scrap and dismantle it and turn to Iran steel. Handling over the vessel which was grounded by the Navy after the crew members were arrested for their involvement in illegal…
A Federal High Court sitting in Lagos State has been approached to order the commencement of a wind-up proceedings against the Oil multinational, Aiteo Eastern Exploration and Production Company Limited (AEEPC) over its failure to pay a debt of N259, 068,753.00 owed a Charlietam International Services Limited. Aiteo is the oil company that acquired OML…
New York 19th October 2019: The Managing Director of Lagos Deep Offshore Logistic Base, LADOL, Dr. Amy Jadesimi, alongside Mrs. Gail Klintworth and Mr. Robbie Marwick from Systemiq collected the P4G award for Sustainable Special Economic Zones. The award was given for LADOL’s work so far in developing plans and partnerships focused on transforming special…
Women operators in the Nigerian oil and gas industry will soon benefit from gender friendly policies on access to funding, award of contracts and support for research and development, courtesy of the Nigerian Content Development and Monitoring Board (NCDMB). The Executive Secretary of NCDMB, Engr. Simbi Kesiye Wabote announced this at the close…
Airtel Nigeria on Friday announced an increase in allowance on its weekly and monthly data tariff plans to enable mobile internet consumers enjoy more value at discounted rates. Chief Commercial Officer, Airtel Nigeria, Dinesh Balsingh, said in a statement in Lagos that the new tariff review applied to weekly and monthly data plans. “Under the…
Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations said that they could not generate 3,133.9 megawatts of electricity due to unavailability of distribution infrastructure on Thursday . This is contained in a daily energy report by the Advisory Power Team, office of the Vice President, a copy of which was obtained in Abuja on…
The Federal High Court sitting in Abuja has ordered the suspension of Nigeria National Petroleum Corporation (NNPC) ongoing job recruitment pending determination of a suit filed by one Mr Pelumi Olajengbesi. Olajengbesi, a public interest lawyer, had commenced the enforcement of the Fundamental Rights of all potential applicants to set aside the recruitment by the…
