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Climate action: New York to slam oil firms with $75 billion fine
The state of New York in the United States has declared that it will fine fossil fuel companies a total of $75 billion over the next 25 years. The fine is meant to pay for damage caused to the climate…
China to generate annual 300 bn kWh from world’s largest dam
Sopuruchi Onwuka, with agency reports The Chinese government has approved the construction of a massive hydroelectric power plant over the world’s largest dam to be built over the sacred Yarlung Tsangpo River in the Tibet autonomous region. When ready, the…
Israel unleashes strikes on Yemeni Houthis
Israeli forces on Thursday launched a massive barrage of strikes on Houthi positions in Yemen in the latest exchange of attacks between Israel and the Iranian-backed rebel group. The Israeli military said in a statement on the social platform X…
NNPC Ltd reactivates command center to track field operations
Sopuruchi Onwuka The Nigerian National Petroleum Company Limited (NNPC Ltd) says it has reactivated tracking of field operations activities across major industry installations in the country. Spokesman, Mr Femi Soneye, stated in a release that the company’s Group Chief Executive…
Ekpo wishes Christians joyous 2024 Christmas
Sopuruchi Onwuka Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, extends his warmest felicitations to Christian faithful in Nigeria and worldwide on the joyous occasion of Christmas 2024. Spokesman to the minister, Mr Louis Iba, stated that Ekpo…
At last, oil prices fall at Christmas!
Sopuruchi Onwuka It is a surprise to Nigerian motorists that the nation’s main transportation fuel, the premium motor spirit (PMS) which is also called petrol, is not only sufficient in supply but also cheaper at the peak on annual demand…
Nigerdock rolls out the carpet for long-serving employees
Sopuruchi Onwuka Nigeria’s leading maritime and logistics company, Nigerdock, has expressed appreciation to its longstanding employees who have contributed in the company’s successful growth journey across many years. The awardees are attached to Nigerdock’s shipyard, free zone, and corporate divisions….
Seplat Energy emerges best in Social Impact/Human Capacity Development at SERAS
Seplat Energy Plc, a leading Nigerian independent energy company, has been named Best In Social Impact/Human Capacity Development at the Sustainability, Enterprise and Responsibility Awards (SERAS) Africa for 2024. The Company was announced as winner of the award at the…
EKEDC’s pledges improved power supply with TCN’s 75 MVA transformer
Sopuruchi Onwuka Customers of the Eko Electricity Distribution Company (EKEDC) are to experience improved electricity supply from the current Yuletide season as the company prepares to take delivery of greater volumes of power from the Transmission Company of Nigeria (TCN)…
Dangote Refinery in deal with MRS to sell PMS at N935 per litre
Commends Tinubu on de-dollarization of dom-fuel transactions Sopuruchi Onwuka Price war which has polarized marketing groups in the domestic petroleum market along two main supply sources is beginning to yield dividends as Africa’s biggest fuel producer, Dangote Refinery, is in…
