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Ministerial list: Avuru dispels rumours of his appointment as Petroleum Minister

Sopuruchi Onwuka The jubilation in the Nigerian petroleum industry over news of new political appointees in the new administration of the federal government sank into sober quietude when eminent industry persona, Mr Austin Avuru, declared that he could not confirm…

SUV, other prizes won at NCDMB sponsored NOG Golf Tourney

The2023 Nigerian Oil and GasEnergy WeekGolf Tournament sponsored by the Nigerian Content Development and Monitoring Board (NCDMB) took place on Sunday at the IBB Golf Course, Abuja, with one of the players,winning a brand-new 2022 GS3 SUV car, which was…

NCDMB, NLNG activate E-Marketplace for business opportunities

Affirms Board’s mandate to support local companies Capacity growth driver in the domestic petroleum industry, the Nigerian Content Development and Monitoring Board (NCDMB) has launched the business opportunity dashboard for all qualified players in the sector. Executive Secretary, Engr. Simbi…

First-class passenger silently hijacks, diverts US plane

Another causes scare with social media Sopuruchi Onwuka, with agency reports Two separate incidents of bomb scare caused Southwest Airlines to divert a flight between Las Vegas and Hawaii to Oakland; and Alaska Airlines diverted its flight midway from Seattle…

Iran seizes one oil tanker, chased away from two

Sopuruchi Onwuka It has been a busy week for the United States Navy in the Persian Gulf where it was struggling to ward off relentless Iranian forces from disrupting flow of merchant vessels ferrying commodities through the Strait of Hormuz….

Twitter declares feud with Meta over the new Threads app

Twitter has threatened legal action against Meta, accusing it of poaching former employees and unlawfully misappropriating trade secrets and intellectual property, according to a report by Semafor. “Twitter intends to strictly enforce its intellectual property rights, and demands that Meta…

Geometric brings 188 MW plants online by August

Sopuruchi Onwuka Leading captive power provider, Geometric Power Limited, is perfecting processes to commission its 188 megawatts generation plants in Aba, Abia State, where the company also operates its electricity distribution concession. Chairman of the company, Professor Barth Nnaji, declared…

“NDEP has always produced on-spec fuel!” __Falade

Yes, you can pardonably mistake him from his identical twin brother who is also in the same field of play. The Managing Director of Niger Delta Exploration and Production (NDEP), Engr Gbite Falade, is a familiar face whose image looms…

Nigerian is OPEC laggard with $51 per capita oil income

Sopuruchi Onwuka Nigeria sits at the base of the per capital oil income ladder of the Organization of Petroleum Exporting Countries (OPEC), posting paltry $51 income for each of her citizens in the first five months of the year. According…

Global crude oil reserves jump by 52 Bbbls to 1.6 Tbbls

Upstream players to spend $528 bn in 2023 Sopuruchi Onwuka Despite the rave about peak oil and energy transition, upstream petroleum players across the globe still had the demand incentive to invest in discovery of over 52 billion barrels of…