House of Reps Pass Vote of Confidence on NDPHC Management after Inspection of Alaoji Power Plant Members of the House of Representatives Committee on Power have passed a vote of confidence on the management of the Niger Delta Power Holding Company (NDPHC) following a detailed inspection of the Alaoji Power Plant and an extensive briefing…
DR. WISDOM ENANG EXAMINES THE MIDDLE EAST CRISIS AND ITS IMPACT ON GLOBAL OIL MARKETS AND NIGERIA’S ECONOMIC OUTLOOK An Adjunct Professor of the North Dakota University, USA, Engr. (Dr.) Wisdom Patrick Enang, has offered a far-reaching analysis of the unfolding Middle East geopolitical crisis, warning that the escalation carries profound implications for global oil…
Egbin Power Reinforces Commitment to Employee Welfare, Unveils 80 New Staff Housing Units Egbin Power Plc, Nigeria’s foremost power generation company, has once again demonstrated its unwavering commitment to its workforce with the unveiling of 80 new residential housing units for employees within its plant premises in Egbin, Lagos State. This strategic investment underscores the…
Adetunji Oyebanji, takes a bow from 11 Plc after 45 years of meritorious service The development contained in a notice signed by the Company Secretary to NASD Plc and the investing public, dated 3 March 2026, is effective from 31 March 2026, after over 45 years of dedicated service to the organisation. The Board of…
Dangote Refinery Reaffirms Commitment to National Energy Stability Amid Global Market Volatility Dangote Petroleum Refinery & Petrochemicals reassures Nigerians of its unwavering commitment to serving as a stabilising force amid recent shocks in the international oil market. The conflict in the Middle East has led to the shutdown of some refineries and cut in refinery…
SPE Nigeria to chart path beyond 3 million bpd at OLEF 2026 The Society of Petroleum Engineers (SPE) Nigeria Council has announced that the 2026 Oloibiri Lecture Series and Energy Forum (OLEF) will take place on April 9, 2026, at the Petroleum Technology Development Fund (PTDF) Tower in Abuja. The forum will bring together regulators,…
Chief Adams stood for Excellence at the highest Technical Managerial Levels- Fatona It was a delightful sight as stakeholders converged for the 23rd Aret Adams Memorial Lecture in Lagos. Chief Adams was the first Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) and led efforts to exploit and open frontier basins of…
NCDMB, Radisson, Edison Sign Management Deal for Yenagoa Hotel …204 room hotel to open December 2026 The Nigerian Content Development and Monitoring Board (NCDMB) on Monday signed an international management agreement (IMA) with Radisson Hospitality Belgium, and Edison Hotel and Property Development Company, in respect of the Board’s 204 rooms hotel and conference center, developed…
Asia scrambles for LNG as Qatar halts output due to Iran war – US, Israeli strikes on Iran have choked tanker traffic, halted Qatari output – More than 80% of Qatar LNG exports go to Asia – Benchmark Asian LNG prices rose nearly 40% on Monday Singapore — India began rationing natural gas on Tuesday…
Oil Prices Keep Climbing As Expanding Conflict Heightens Supply Risks Brent and WTI benchmarks gain more than $4 – Vessels avoid Strait of Hormuz as freight rates soar – Crude prices to remain elevated over coming days, say analysts Crude oil benchmarks rose more than $4 on Tuesday, soaring for a third session as the…