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Nigeria’s Omar Farouk joins WEC board
Sopuruchi Onwuka Nigeria’s rising energy diplomat, Dr Omar Farouk Ibrahim, has been elected into the board of the World Energy Council, representing Africa in the world’s oldest independent and impartial membership-based energy organization. Dr Farouk’s election enriches the council’s board…
Seplat Energy’s transition priorities excite global stakeholders 
Gas monetization, ending flares, others top agenda Seplat Energy Plc, leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, says that its energy transition priorities remain to end flaring, monetise gas, displace diesel and biomass with cleaner fuel, extend…
Effective customer experience is key to Nigerian Content Roadmap
Delivering effective service to stakeholders of the Nigerian oil and gas industry is a key objective under the implementation of the Nigerian Content 10-year strategic roadmap, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote…
NCDMB accounts for $60 bn FDI, $112 bn value retention
Since you became the Executive Secretary of the Nigerian Content Development and Monitoring Board six years ago, you have been credited with several achievements. Which of these achievements do you consider most strategic? I think the most strategic for me,…
Galloping inflation: CBN shoots lending rate to 15.5%
Nigeria’s central bank on Tuesday hiked its main lending rate by 150 basis points to 15.50%, its highest level yet and more than forecast, forging ahead with efforts to rein in inflation and ease pressure on the currency. Analysts had…
International doctors warn of starvation in besieged northwest
Nigeria faces worsening malnutrition in the northwest due to insecurity, high food prices and the impact of climate change, Medicines Sans Frontiers (MSF) said on Tuesday, calling for the region to be included in United Nations funding plans next year….
British Labour Party pledges renewable energy investments
The Labour Party in the United Kingdom has declared intention to float a state energy firm that would transition the country into renewable sources, agency sources reported. Sir Keir Starmer has announced plans to create a publicly-owned renewable energy company…
Poland, Denmark commission Baltic Pipeline exit from Russian gas
Government representatives from Poland, Denmark and Norway have opened the new Baltic Pipe, a pipeline which will take natural gas from Norway via Denmark to Poland, Deustche Welle reported. Baltic Pipe is meant to be Poland’s gas lifeline after Russia…
JP Morgan predicts $100 oil in months
International advisory consultants, JP Morgan, had warned that the prices of crude oil will rebound toward $100 per barrel as strong demand threatens to overwhelm flow of supply to the export market. The company stated in report by Insider that…
Pope Francis joins crusade against fossil fuels
As oil giants sign deal for new LNG development Catholic pontiff, Pope Francis, weekend threw his weight behind Europe’s demand for energy transition from fossil sources, calling on the world to evolve energy forms that would be friendly to the…
