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NNPC, WAGC, Temile build LPG carriers

Sopuruchi Onwuka Nigeria is working up its position in the global gas liquids supply niche with more trading vessels underway to bridge supply gaps between the domestic and international fuel markets. According to the Nigerian National Petroleum Company (NNPC) Limited,…

Italy hosts development summit Africa’s devpt, migration

Italian Premier Giorgia Meloni opened a summit of African leaders on Monday aimed at illustrating Italy’s big development plan for the continent that her government hopes will stem migration flows, diversify sources of energy and forge a new relationship between…

Geometric to fire up 188 MW in February

Sopuruchi Onwuka Nigeria’s first private integrated power firm, Geometric Power Limited, is to fully activate full value power generation and distribution operations next month when it is expected to start receiving lean gas supplies from the Nigerian Exploration and Production…

Heritage Energy, JV partners support UN’s SDG 4 with scholarship awards

Heritage Energy Operational Services Limited (HEOSL) and its Joint Venture Partners have presented a total of 795 scholarship awards to host community indigenes. The beneficiaries, according to the company, were drawn from the 112 host communities in the operated oil…

Kyari insists NNPC Ltd withheld no public fund

Sopuruchi Onwuka Nigerian National Petroleum Company Limited has declared that it has not failed to remit statutory oil income to the federation account as earlier made public in the damning report f the Nigerian Extractive Industry Transparency Initiative (NEITI). Group…

Gas presents new window for Europe’s petroleum investments

Africa’s quest for commercial opportunities from its abundant natural gas resources and Europe’s growing demand for cleaner and more energy will dominate the discussions at the upcoming Invest in African Energy (IAE) forum in Paris in May. Organizers declared in…

Wilson begins pre-FEED, EPC for Nigerian FLNG projects

Sopuruchi Onwuka Nigeria’s gas export prospects are ramping up with more private investments in small and medium scale liquefaction projects offshore Niger Delta, a new development model outside the traditional Nigeria LNG which is also expanding its capacity with new…

Dere Otubu tasks Nigeria-India Business Council on power sector investments

Sopuruchi Onwuka The Chairman, Board of Directors of Eko Electricity Distribution Company (EKEDC), Dr. Dere Otubu has called for enhanced collaboration between Nigeria and India in driving advancements in the energy sector.  Dr. Otubu who addressed delegated at a meeting…

Ebereonwu canvasses industry-academia collaboration to close skill gaps

Sopuruchi Onwuka Emerging Nigerian petroleum industry policy analyst, Dr Charles Ebereonwu, has called for effective collaboration between the nation’s industrial sector and the academia in order to deepen innovations that propel economic development of the country. Dr Ebereonwu, who currently…

Money market awaits signals as CBN’s MPC holds 1st meeting

Sopuruchi Onwuka Players in the Nigerian financial markets are in full attention as the new administration of the Central Bank of Nigeria (CBN) convenes its first monetary policy committee (MPC) meeting at the end of February to roll out new…