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Oil industry leaders restate pledge to gender diversity
Sopuruchi Onwuka Petroleum industry captains in Nigeria have reiterated their resolve to create equal opportunity work environment for both male and female professionals and business owners. The agreement among all panel discussants at the 2023 Annual International Strategic Conference of…
Attacks on Israel: U.S. deploys warships to Mediterranean
Waves of global condemnation have splashed against the weekend terrorist attacks on Israel by the Hamas militants in Palestine, with the United States taking military responsibility to deter further attacks in the region. The development came as Brazil declares intention…
Nigeria still in top 5 riskiest African business environments in 2023
Sopuruchi Onwuka Nigeria is the fourth riskiest country for foreign direct investments in the year, according to analytics by Insider Monkey, an investment advisory company which provides business intelligence for multinational companies that are listed in major global equity bourses….
Inflation battles economic gains in Q3 as Naira dips
Sopuruchi Onwuka Inflation neutralizes key economic gains of the new Tinubu administration of the federal government following the key blunders of Naira devaluation and withdrawal of fuel subsidy which marked entry of President Tinubu’s government. According to statistics which compared…
Oando is Lead Sponsor of Africa Oil Week 2023
Africa’s leading indigenous energy solutions provider, Oando PLC, is set to participate as a lead sponsor at one of the continent’s leading energy conferences, Africa Oil Week, scheduled to be held in Cape Town, South Africa, this month. “As a…
Algeria names new CEO for Sonatrach
Algerian state television has reported that President Abdelmadjid Tebboune has dismissed Toufik Hakkar and named Rachid Hachichi as the new chief executive of state energy firm Sonatrach. Hakkar has served as the CEO since February 2020. During his time at…
Industry leaders welcome Patricia Simon-Hart as Director at Aradel Holdings PLC
Sopuruchi Onwuka The prevailing reorganization at Aradel Holdings Plc has continued with the appointment of Patricia Simon-Hart as an Independent Non-Executive Director, tapping her expertise into the management of the exploration and production operations of the indigenous independent company. And…
Fossil still accounts for 80 percent of global energy mix __Eni
Sopuruchi Onwuka Despite the global hype for energy transition, indications are rife that coal, oil and gas will continue to dominate the global energy demand in the foreseeable future even as new and greener energy forms continue in slow growth…
NCDMB says IOC divestments endorse indigenous capacity
Sopuruchi Onwuka The prevailing divestment of marginal and brownfield petroleum assets by the international oil companies in the country is a prime testimonial on the rapid indigenous capacity development for operations in the industry. Executive Secretary of the Nigerian Content…
MMNL leads Africa’s manufacturing excellence with Star Plus battery
Sopuruchi Onwuka A local manufacturing company domiciled in Lagos, Nigeria, has been determined the standard bearer in Africa’s manufacturing industry, projecting the Star Plus inverter battery as a global factor in new energy solutions. The development comes as the Nigerian…
