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TotalEnergies pushes govt to compete for capital importation
Chairman of TotalEnergies in Nigeria, Mr Mike Sangster, has called on the government to position the local operating environment for keen competition for global investments in petroleum development. He stated that Nigeria must urgently address the crippling security and other…
Investors willing to stake $40 bn in gas development _OPTS
Sopuruchi Onwuka Some key players in the upstream petroleum industry have accepted to collectively shoulder some $40 billion investments in new development if the government would dismantle operational challenges that impact returns on investments. The pledge came in response to…
Coscharis Motors’ customers get coverage from AIICO
Coscharis Motors Limited, a leading brand in the Nigerian automobile industry, has partnered with AIICO Insurance Plc to embed insurance into its automobile sales. As a result, existing and prospective customers of Coscharis will continue to enjoy premium automobile after-sales…
Seplat Energy earns ISO 55001:2014 AMS certification
Indigenous independent company playing in the country’s petroleum industry, Seplat Energy Plc, has declared acquisition of significant certification for proficiency in asset management systems. Seplat which listed on both the Nigerian Exchange Limited and the London Stock Exchange stated that…
Seplat canvasses enhanced energy capital deployment in Africa
For Africa to achieve major development goals and power its own economies as well as export energy, energy capital should be deployed to the continent. The Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown said this at the World…
IGP Usman Alkali Baba battles prison sentence
The police public relations unit is desperately battling the impunity sling arising from the court sentence on the Inspector General, Usman Alkali baba, over decadent disregard of the instition to court orders. the efforst came after a the federal high…
Italy needs 4 new LNG terminals __ Eni
Italy needs to significantly increase its liquefied natural gas (LNG) import capacity, the chief executive of Eni said, adding that the country would ideally need four new LNG terminals. The country currently has three terminals, which have a capacity of…
Europe to targets 63% LNG import capacity by 2024
Liquefied natural gas (LNG) import capacity in the European Union (EU) and the United Kingdom (UK) will expand by 34 percent, or 6.8 billion cubic feet per day (Bcf/d), by 2024 compared with 2021, according to the International Group of…
WMO says drought hit 3.6 m people, world getting drier
More than 3.6 million people do not have access to an adequate water supply, and large areas of the world are only getting dryer, according to a report from the World Meteorological Organization. The WMO State of Global Water Resources…
Two of 3 Nigeria stowaways face deportation from Spain
Two of the three stowaways who boarded the rudder of a Maltese ocean going tanker to Spain would now be returned home after taking timely opportunity to seek asylum in the Mediterranean country. The third stowaway is said to be…
