As OGSPAN presents Petrohub in Lagos on January 29 The Director, Department of Petroleum Resources [DPR], Engr. Sarki Auwulu, has accepted to speak on digitalisation in Nigeria’s oil and gas industry, as Oil and Gas Service Providers Association of Nigeria, OGSPAN, has concluded plans to launch its Petrohub, a leading petroleum products digital marketplace at…
.As OGSPAN presents Petrohub in Lagos on January 29 The Director, Department of Petroleum Resources [DPR], Engr. Sarki Auwulu, has accepted to speak on digitalisation in Nigeria’s oil and gas industry, as Oil and Gas Service Providers Association of Nigeria, OGSPAN, has concluded plans to launch its Petrohub, a leading petroleum products digital marketplace at…
The Vice President, Yemi Osinbajo, has commended Airtel Nigeria for assisting the underprivileged members of society through its corporate social responsibility initiative. Osinbajo commended the telco company on Saturday night in Lagos during the premiere of the Season 5 ‘Airtel Touching Lives’ a philanthropic programme sponsored by Airtel Nigeria. He said the company had made…
An FCT High Court in Gwagwalada, on Monday, fixed Jan. 30 to rule in the bail application of former Attorney-General and Minister of Justice, Mohammed Adoke. Federal Government arraigned Adoke on 42 counts bordering on fraud and money laundering. Adoke was arraigned alongside six others. They Pleaded not guilty. The six other defendants are Aliyu…
Nigeria LNG Limited (NLNG) and Eni have signed a LNG Sale and Purchase Agreement (SPA) for some of the remarketed volumes from NLNG’s Trains 1, 2 and 3. Eyono Fatayi-Williams, General Manager, External Relations of NLNG in a statement issued on Monday and made available to TBI Africa in Lagos said the agreement is…
Ibadan Electricity Distribution Company (IBEDC) has announced that from Feb. 1, 2020, there will an upward review in the prices of meters sold to customers under the Meter Asset provider scheme (MAP) introduced in 2019. Mrs Angela Olarenwaju, Head, Branding and Corporate Communication of IBEDC made the disclosure in a said in a statement on…
The government of UK is set to invest over US $65.7m into renewable energy projects in Africa, as it works with selected African countries to develop sustainable energy sources. The approved projects include solar farms in Kenya, geothermal power stations in Ethiopia and clean energy storage in sub-Saharan Africa. The countries will receive funding and…
Jersey Oil and Gas is back on the hunt for partners to develop its Verbier discovery after energy giant Equinor decided to sell back its 70% stake. Equinor bought into the P2170 licence in the outer Moray Firth in 2016, but has decided to sell after “disappointing” results from an appraisal of the field in April. The…
Weak natural gas and LNG prices will put a dent in the full year earnings of Shell and BP when the supermajors report their results in the next two weeks, an analyst has said. Iain Armstrong, equity analyst at Brewin Dolphin, said prices had been driven down by a global glut of LNG, while slower…
Construction works on Kunzvi Dam project in Zimbabwe is set to commence this year. Mashonaland East Provincial Affairs Minister Aplonia Munzverengwi made the revelations and said feasibility studies on the project is complete. The Provincial Affairs Minister also pointed out that US $259m has been allocated for the project in the 2020 National Budget. Overall…