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AGIS 2024 set to revolutionize Africa’s gas industry through innovation, collaboration
The inaugural Africa Gas Innovation Summit (AGIS 2024), a ground-breaking event aimed at reshaping the future of Africa’s gas industry, will hold from June 13-14, 2024, at the NAF Conference Centre in Abuja. With the theme “Igniting the Future: Driving…
Shell partners WIEN on learning, mentorship schemes
Sopuruchi Onwuka Major upstream oil multinational, Shell, has entered collaboration with leading gender equity group in the energy industry, the Women In Energy Network (WIEN), to provide broader learning platforms for female professionals in the sector. The new collaboration would…
IFC awards Access Bank Best Trade Partner Bank West Africa
Access Bank has been recognized as the ‘Best Trade Partner Bank West Africa 2024’ by the International Finance Corporation (IFC). Presented at the Global Trade Partners Meeting (GTPM), held recently, in Barcelona, Spain, this prestigious award highlights Access Bank’s outstanding…
FG hails NCDMB, Xernegi on KGG benefits
The Honorable Minister of State for Petroleum Resources (Gas), Rt. Hon. EkperikpeEkpo, has commended the Nigerian Content Development and Monitoring Board (NCDMB) and Nedogas Development Company Limited for initiating and successfully executing the 300 million standard cubic feet (MMscf) Kwale…
NNPC’s NETCO repositioning for greater competition
Sopuruchi Onwuka The industry services arm of the Nigerian National Petroleum Company (NNPC) Limited, the NNPC Engineering and Technical Company (NETCO) has declared readiness to launch into the market with enhanced services and greater competitiveness. NETCO has the mandate…
Oando hauls in $550 m for NNPC’s Project Gazelle
Sopuruchi Onwuka Strong financial performance of Oando Plc in 2023 has not only reactivated investors’ interest in the company’s shares but also enabled the indigenous energy company to lead collaboration in raising $925 million for the Project Gazelle of the…
Shell, partners shelled $42.2 m to help Nigerians
Total expenditure on direct social investments by the three Shell companies in Nigeria and their partners in 2023 was $42.2 million, a 23% increase compared to $34.29 million in the previous year. Shell exclusively spent $14.1 million. This was a…
Putin dismisses Europe as military pushover
Vladimir Putin has warned that Europe is “defenceless” and unprepared for a nuclear conflict with Russia. In a typically bellicose speech at the St Petersburg Economic Forum this week, Putin also predicted that Nato would fail to protect Europe in…
Israeli forces strike HAMAS terrorists, rescue 4 hostages
Israeli specialforces rescued four hostages in broad daylight on Saturday from the Nuseirat refugee district in the centre of the Gaza Strip after 246 days in captivity, the army said. Following the hostage liberation, the Palestinian director of the al-Aqsa…
NCDMB to reposition NCIF for higher impact
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has tasked the custodians of the Nigerian Content Intervention (NCI) Fund and the parent Nigerian Content Development Fund (NCDF), to strive for greater efficiency and impact of the fund in…
