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NLNG expands VIBES program with103 new beneficiaries
Nigeria LNG Limited (NLNG) has inducted a new cohort of 103 trainees into its economic empowerment initiative, the Vocational Innovation Business and Empowerment Scheme (VIBES), as part of its 2026 program. The induction ceremony, held on Monday in Port Harcourt,…
Shell delivers Bonga FPSO maintenance with 80% Nigerian capacity
Sopuruchi Onwuka Shell is beating its chest with cumulative 80% Nigerian Content performance in the turnaround maintenance of Nigeria’s first large scale floater that has pumped oil from deepwater Bonga Main field since 2005. Local affiliate, Shell Nigeria Exploration and…
NUPRC tightens rules for 2025 oil block bid round
Sopuruchi Onwuka Nigeria’s upstream oil regulator, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says it is strengthening the procedures for the 2025 oil licensing bid round to ensure that only serious investors ready to carry out exploration activities are awarded…
NCDMB trains 33 engineers on pipeline maintenance
Sopuruchi Onwuka Thirty-three young graduates of engineering, geology and related disciplines have started a 12-month training program in pipeline engineering, corrosion control and monitoring. The training organized under the Nigerian Content Human Capital Development (NC HCD) Training Program is geared…
Chevron declares resolve to contribute to Niger Delta development
Operator of the joint venture with Nigerian National petroleum Company Limited (NNPCL), Chevron Nigeria Limited, has confirmed its commitment to socio-economic development in the Niger Delta. Chevron said it has demonstrated the interest in stakeholder discussions on the proposed Escravos…
Africa Energies Summit faces boycott over inclusivity concerns
Ziggy Ojiegbe The African Energy Chamber has called for an industry-wide boycott of the upcoming Africa Energies Summit, citing concerns over the lack of Black African representation in the leadership of the event’s organizing company. The summit, organized by Frontier…
MSC, Nigerdock sign 45-year deal to build major container terminal in Lagos
Frank Okon Mediterranean Shipping Company (MSC) has signed a 45-year sub-concession agreement with Nigerdock to develop and operate a new container terminal at Snake Island Port in Lagos, marking a major investment in Nigeria’s maritime and logistics sector. Under the…
IEA unleashes record 400 Mbbls oil release as Gulf war jolts markets
Frank Okon The International Energy Agency has approved a record release of emergency oil reserves as the war in the Middle East threatens global energy supplies and drives crude prices sharply higher. The agency said March 11 that its 32…
Oil surges past $100 as Iran strikes ships and energy targets
Dangote likely to hike domestic fuel prices Frank Okon Retail prices of transportation fuels in Nigeria are far from stable as the war in the Middle East continues to cause fluctuations in the crude oil prices, compelling similar pattern of…
Over 27,000 flights, 4.4m seats cancelled as travelers stranded in Middle East
Frank Okon More than 27,000 flights to and from the Middle East to international destinations have been cancelled, with an estimated 4.4 million airline seats removed from schedules over the past week as Iranian regime ratchets bombardment of neighboring Arab…
