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Iran war: Qatar to extend visas for stranded travelers
Sopuruchi Onwuka The Qatari Ministry of Interior has assured travelers stuck in the country due to the prevailing airspace closure that their entry visas would be extended without fees for one month for all entry categories. The extension, according to…
Dangote Refinery indicates further price hike
Explains why it hiked fuel price again Sopuruchi Onwuka Indigenous transportation fuel producer, Dangote Refinery, which increased the price of petrol by N100 per liter to about N939 per liter has indicated possibility of further price hike, pointing at fears…
NCDMB’s 204 room Radisson Hotel and Conference center ready by December
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) is working with key private sector partners to commission a 204-room hotel and conference center near its headquarters in Yenegoa, Bayelsa State. The agency which is currently developing capacity for…
War in Iran: Qatar Energy declares force majeure on LNG production
Ziggy Ojiegbe World’s leading exporter of liquefied natural gas (LNG), QatarEnergy, has declared force majeure to buyers on Wednesday after Iranian attacks on the country. The announcement came two days after the company halted production at the country’s main site….
Iran war shakes oil market as Dangote hikes prices
Sopuruchi Onwuka Global commodity marks entered panic mode on Monday when parties to the ongoing Iran war took hard lines as Iran launched attacks on merchant vessels passing through the Strait of Hormuz. The threat to global merchant ships and…
Oil and gas prices climb as Iran attacks Qatar LNG, oil tankers
Oil and gas prices surged Monday after Iranian drone strikes hit a major liquefied natural gas facility in Qatar and tankers halted transit through the Strait of Hormuz, escalating fears of a broader disruption to global energy supplies. QatarEnergy said…
OPEC+ adds barrels as Hormuz shipping impasse jolts oil markets
Sopuruchi Onwuka, with agency reports In response to the escalating shipping crisis at the Strait of Hormuz triggered by recent strikes on Iran, key members of the OPEC+ oil cartel have agreed to a modest increase in oil production, seeking…
NCDMB deploys technical team to enforce NCD law in downstream oil sector
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has deployed a five-directorate technical team to deepen compliance enforcement in Nigeria’s downstream petroleum industry, warning operators to fully comply with the Nigerian Oil and Gas Industry Content Development (NOGICD)…
NGCC to boost transparency, attract gas investment – Ekpo
Sopuruchi Onwuka Nigeria has taken a major step toward restructuring its gas sector with the inauguration of a Steering Committee and Joint Technical Working Group to establish a National Gas Infrastructure Command Centre (NGCC). The proposed NGCC will serve as…
NCDMB says capacity building targets full industry ecosystem
Builds health sector capacity with hi-tech equipment, simulators at BMU Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has declared that capacity building in the energy sector is conceived to create an enabling ecosystem that enhances optimization, operability…
