Skip to content
NOGOF unveils N35.7 trn job outlook for oil contractors
Shell leads with $13 bn contracts MOMAN needs contractors for facility revamp Falcon calls for partnership Sopuruchi Onwuka Planned field development and enhanced oil and gas recovery projects in the Nigerian petroleum industry would enrich the domestic economy with over…
Eni focuses on Just Transition in its energy transition pathway
To replicate bioenergy in its operations Sopuruchi Onwuka Italy’s major energy multinational company, Eni, has declared that it would give priority to just transition as it takes measures to smoothen the path towards net zero emissions by 2050. A statement…
Appeal Court vacates interim orders against Seplat
Sopuruchi Onwuka Seplat Energy Plc has declared that the orders of an appellate court reinstating its board chairman and executive officers earlier sacked by a High Court which heard grievances of factions in the company. The ex parte Interim Orders…
America dethrones OPEC at oil export market
ExxonMobil finds substitute to Nigeria’s light sweet crude in Guyana Sopuruchi Onwuka The American continent is projecting strong outlook for oil output in the year, claiming the status of swing producer from non-American members in the multilateral Organization of Petroleum…
The Nigeria Prize for Science nets 100 entries for 2023 cycle
Nigeria LNG Limited (NLNG) has received 100 entries from across the globe for the 2023 iteration of The Nigeria Prize for Science. The $100,000 Prize maintains the heightened level of interest experienced in 2022 when about 107 entries was received….
Drilling firms get court order to pay NCDF levy
Sopuruchi Onwuka The Federal High Court sitting in Yenagoa, Bayelsa State has ordered the drilling firms in the country to comply with regulatory directive requiring them to remit one percent of the value of contracts they executive in the country…
Shell’s prize in Bonga’s billionth barrel
Sopuruchi Onwuka The best method to convey the value of numbers is to convert them to money. In Nigeria, one billion begins to generate great interest when it looks like N1.0 billion. Greater interest comes with $1.0 billion. and the…
Nigeria targets N350 bn from cashew exports in 2023
Earned N176.4 bn in 2022 Sopuruchi Onwuka Nigeria works on plans to double its cashew nuts export in year, projecting the commodity as one of the leading non oil exports in the government’s economic diversification drive. Export data available at…
Industry captains want broader framework for equity investors in energy
Victor Nze Managing Director and Chief Executive Officer of ND Western, Mr Eberechukwu Orji, has made a call for the expansion of the framework guiding capital market operations to accommodate small and micro level investors into the oil and gas…
WIEN demands full incentives for gas sector investments
Sopuruchi Onwuka Gender diversity group in the Nigerian energy industry, Women in Energy network (WIEN), has called on government to consider well focused policies and incentives that would spur the highly needed investments in realizing the nation’s prime economic aspirations…
