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Musk says Twitter acquisition can’t proceed with spam accounts
Billionaire Elon Musk has said his purchase of Twitter would not go ahead unless he was given assurances on the bots that he says plague the platform, further complicating his acrimonious bid for the social media giant. The chief of…
Ukraine War: Russian gas may permanently cede global market niche
Sopuruchi Onwuka Russia will likely be shut out permanently from global energy markets once Europe can operate without the country’s oil and gas, and Australian gas liquefaction and export industry is taking position to fill gaps in countries switching supplies…
Climate researchers demand 50% fossil energy output shut
Sopuruchi Onwuka New findings by researchers suggest that world governments and institutions should immediately stop nearly 200 new petroleum development projects and divert over $300 billion industry budget towards accelerating energy transition from fossil. The new study, coauthored by Greg…
NCDMB takes capacity building to midstream with a summit
Sopuruchi Onwuka THE Nigerian Content Development and Monitoring Board (NCDMB) has declared intention to open opportunity platforms that would expose the rising potentials for commercial investments in oil and gas processing. Executive Secretary, NCDMB, Engr. Simbi Kesiye Wabote, said the…
Eni dims Nigerian investment, emphasizes carbon neutrality
Sopuruchi Onwuka Italian multinational energy firm, Eni, has confirmed a shift in its business focus which entails diverting significant proportion of the company’s investments on incremental basis from fossil intensive to agro-biofuel and renewable energy production. The company’s new business…
ExxonMobil invests N15 bn in 20 year combat with Malaria in Nigeria
ExxonMobil Foundation, in collaboration with ExxonMobil affiliate Companies in Nigeria, have announced grants for partner organizations committed to ending malaria in Nigeria. The 2022 grant recipients, according to the company, would tap into youth energy and sports activities in mobilizing…
NCDMB pools $40m credit facility for oil women
Women entrepreneurs in the Nigerian oil and gas industry can break barriers by taking advantage of the $40m fund created specifically for them under the Nigerian Content Intervention Fund (NCI Fund), the Executive Secretary of the Nigerian Content Development and…
Seplat to accelerate growth with MPN acquisition __Brown
Divests Ubima interest for $55 m Earns N100.6 bn revenue, N48.8 bn profit Sopuruchi Onwuka Indigenous multinational independent energy firm, Seplat, has declared that its proposed acquisition of Mobil Producing Nigeria Unlimited (MPNU) remains on course and awaits regulatory approval….
Nwanne Connect: Hero Lager hosts live concert for Easterners
P-Square, Illbliss others Perform Nwanne Connect, The Largest Gathering of Brothers held over the weekend in Onitsha with top Nigerian artists performing hit songs. The campaign is in recognition of Igbo people, culture, and the celebration of brotherhood. Some of…
Emir of Kano, OPEC Sec-Gen, others join Valuechain Editorial Council
The Editorial Management Board of Valuechain Group, publishers of Valuechain Oil and Gas Magazine, is pleased to announce the formation of its pioneer Editorial Advisory Council, with the Emir of Kano, His Royal Highness Alhaji Aminu Ado Bayero as Chairman…
