Investing in the energy sector requires money owing to infrastructures that must be put in place in order to attain aspirations and set objectives. For a financial institution to support an energy business, many factors are considered while the would-be investor must strive to accomplish requirements of its financial partner to be in business. Recently,…
The Energy Institute (EI) is an international training organisation that builds capacity through designed trainings which transcends the energy environment providing opportunities for energy professionals across the value chain. Recently, EI had its Energy Sustainability Conference that was held in Lagos with participants across the energy sector in attendance. The event provided an opportunity for stakeholders to…
…A cat with nine lives …The culture of innovation and creativity should be imbibed …Shops for young graduates to be trained for the oil industry Oando is an indigenous oil company in Nigeria with the sole aim of becoming one of the best in terms of oil exploration, production, trading and distribution with branches…
The Information Systems Audit and Control Association (ISACA) on Monday, urged the Federal Government to establish a cyber space monitoring team charged with the responsibility of ascertaining the country’s digital security level. Mrs Chinenye Ajachukwu, Chairperson, Conference Committee of the association’s just concluded annual conference, said this while reacting to areas government needed to address…
The Federal Government says it will not relent on the sustenance of “Operation White” developed to eradicate the smuggling of Premium Motoring Spirit (PMS) across Nigerian borders. Mr Timipre Sylva, Minister of State for Petroleum, gave the assurance on Monday while speaking at the opening ceremony of the 13th Oil Trading and Logistics (OTL Africa…
The Minister of State for Petroleum Resources, Timipre Sylva, has charged the Petroleum Training Institute (PTI), Effurun, Delta to come up with a model to achieve a zero loss of crude oil. Sylva made the call on Saturday at the 2019 Graduation Ceremony and Award of Diplomas, Certificates and Prizes of PTI in Effurun, Delta….
The Federal Government has signed a Memorandum of Understanding (MoU) with the Russian Ministry of Trade and Investment on scientific and technical cooperation in geosciences. Mr Ayodeji Adeyemi, Special Assistant to the Minister of Mines and Steel Development on Media, said this in a statement on Friday in Abuja. Adeyemi said Mr Olamilekan Adegbite, the…
Nigerians, over the years have been waiting for a time when constant power supply would be enjoyed. Although, the government has embarked on several measures to address the hydra-headed challenges confronting the power industry. Mr Kola Balogun, Chairman/ CEO , MOMAS Electricity Meter Manufacturing Company (MEMMCOL) speaks with TBI Africa team on what can be…
Eni’s oil energy group, Eni, achieved its highest ever oil and gas production rate for a third quarter, softening the blow of lower quarterly earnings because of weak oil and gas prices. The Italian company generates around 90 per cent of its operating profit from its upstream oil and gas business. Major gas discoveries in…
Oil prices steadied on Friday and were on track for strong weekly gains as support from a surprise draw in U.S. inventories and possible action from OPEC and its allies to extend output cuts outweighed broader economic concerns. Brent crude LCOc1 was down a marginal 2 cents at 61.65 dollars by 0957 GMT, but the…