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‘Capital Oil reached non-political resolution with AMCON’
Sopuruchi Onwuka One of Nigeria’s fastest oil marketing companies, Capital Oil and Gas Industries Limited, is on its way out of the woods after reaching consent judgment with the Asset Management Company of Nigeria (AMCON) over the loan disputes that…
NNPC Retail: A Pearl of Quality Products and Services
(By Emerson Chukwuka) When the Nigerian National Petroleum Company (NNPC) Ltd, then a corporation, set out in the year 2002 to establish a petroleum products retail company as a Corporate Business Unit, it had clear intentions and business objectives. One…
NCDMB decries Africa’s low EPIC capacity in petroleum industry
African nations seeking to achieve economic prosperity must develop local capabilities to process, utilize, and export their resources as a means of powering their growth and development. The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr….
Eni takes 29 Nigerians on post-graduate scholarship
Eni’s subsidiary, Nigerian Agip Exploration Limited (NAE), has awarded scholarships to 29 Nigerian graduates for post graduate studies. The scholarships which form part of the company’s 2023/2024 Awards Scheme will see the beneficiaries funded through their studies at Universities within…
Qatar secures France’s 27-year LNG supply deal
Qatar Energy and TotalEnergies have signed two long-term LNG agreements under which Qatar will supply up to 3.5 million tons per year of LNG to France for 27 years beginning in 2026, Qatar’s state giant said on Wednesday. TotalEnergies is…
Partners take FID on Mozambique LNG in 2024
Italy’s Eni SpA hopes to reach a final investment decision on its second floating liquefied natural gas (LNG) project in Mozambique by the end of June next year, two sources directly involved with the project said on Tuesday. Its first…
Dom market holds incentive for gas investments ___Asiko Energy
Sopuruchi Onwuka Numerous policies and laws in the Nigerian petroleum industry have generated the required demand incentives for investments in production of various gas products for homes and businesses in the domestic market. General Manager in charge of Operations at…
Abia govt offers partnership, infrastructural incentives to petro-allied investors
Sopuruchi Onwuka Commercial concerns interested in building facilities for production of petroleum and allied chemical products can now explore free land and partnership with the government of Abia State which has offered enhanced localized industrial parks for players in the…
IMT 2.0: HMOs, underwriters and insurtech players unite on insurance Penetration
Insurance industry stakeholders and delegates from over 70 organizations have resolved to forge collaboration in pushing efficient strategies for services penetration in the Nigeria’s financial services sector. The need for collaboration and shared knowledge formed the high light of the…
FG should provide environment for energy diversification investments __Falcon MD
Sopuruchi Onwuka Managing Director of Falcon Corporation, Mr Audrey Joe-Ezigbo, has added a strident voice to the resonating pan-industry demand for enhanced fiscal regimes, operating terms and infrastructural environment to enable the country position strongly in the unfolding energy transition….
