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Month: September 2023

UN demands costly route to maritime decarbonization

Industry to shell $118 bn annually on fuel transition Sopuruchi Onwuka, with agency reports Transitioning global shipping and sundry maritime logistics to cleaner fuels would require costlier operating capital for the industry, threatening the economies of small island nations and…

NCDMB clears the path to speedy oil projects

Binds NNPC, IOCs in SLAs Sopuruchi Onwuka In a first regulatory audacity of its kind, the Nigerian Content Development and Monitoring Board (NCDMB) has committed the biggest players in the Nigerian petroleum industry to speedy execution of approved projects and…

70yr-old Hulk Hogan weds third wife

Retired World Wrestling Entertainment (WWE) star, 70-year-old Hulk Hogan, popularly known as Terry Bollea, tied the knot with Sky Daily in a small ceremony weekend in Clearwater, Florida, making it the third marriage for the former wrestling sensation whose hulk…

Essay contest: NCDMB rewards varsity students with cash, digital tools

Sopuruchi Onwuka Three university students weekend received computers and cash as the prizes for winning different categories of the 7th Nigerian Content Annual National Undergraduate Essay Competition, 2023. The winners including the top 10 finalists in the essay competition were…

Seplat Energy flags off 4th edition of STEP CSR Initiative

The Seplat Energy/NNPC E&P Limited Joint Venture (JV) has kicked off the 2023 edition of its Seplat Teachers’ Empowerment Programme (STEP) for teachers in Edo and Delta states. The programme is hinged on the JV’s continued quest to contribute towards…

NLNG Science Prize: Bubble PoliteCPAP evolved for neonate ventilation

Sopuruchi Onwuka The winning work of the 2023 Nigerian Prize for Science would now substantially relieve parents and healthcare professionals in the country of the cost and complications of assisting newborn babies with immature lungs keep alive with infused oxygen….

Energy

NNPC pushes out senior management executives

Sopuruchi Onwuka Nigerian National Petroleum Company (NNPC) Limited has begun a purge in the management cadre of its staff, weeding out all management personnel who are close to retirement. According to a statement on the company’s X handle, those affected…

Business Economy Energy Industry & Commerce

NNPC, Oil firms owe Nigeria N9.4 trn from 2021 ops

NNPC leads N6.6 trn secret debts; Withheld N2.33 trn from the federation account; Staked Nigeria’s crude oil for N11.5 trn loans Sopuruchi Onwuka Some 47 oil companies operating in Nigeria’s upstream petroleum industry and the Nigerian National Petroleum Company (NNPC)…

NLNG’s Mshelbila canvasses greater role for African gas

Sopuruchi Onwuka Petroleum plays in Africa should be allowed to take greater role in meeting the global demand for natural gas as the energy industry transitions from oil based fuels to cleaner and greener energy soures. Managing Director of the…

EKEDC earns ISO 27001 Certification

Sopuruchi Onwuka Leading indigenous utility company, Eko Electricity Distribution Company (EKEDC), has earned international recognition for installing and operating measures that prevent and mitigate loss, damage, theft, and other threats to information assets. According to the company’s corporate communications unit,…