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Lekoil changing energy and agriculture business in Akwa Ibom

Sopuruchi Onwuka Indigenous independent petroleum company, Lekoil, has declared that it is driving impactful change in energy and agriculture to promote new investments in oil and gas operations, create employment opportunities and spur community growth though its operations in Akwa…

Africa needs women’s perspectives for energy security __Olu Verheijen

Sopuruchi Onwuka Bringing the perspectives, capacity and the energy of  women into the capacity mix remains the critical requirement to accelerate Africa’s development. Presidential Adviser on Petroleum Resources, Olu Verheijen, declared at an industry conference that harnessing the strength and…

Cyber attacks: EKEDC issues advisory to protect customers

Sopuruchi Onwuka Eko Electricity Distribution Company (EKEDC) has warned its customers of rising wave of cyber threats that comes with the increasing reliance on digital platforms for transactions and communications. The company declared in a statement that cyber attackers have…

First Bank accuses General Hydrocarbons of diverting funds, evading payment

First Bank of Nigeria Limited has declared that its ongoing legal battle with General Hydrocarbons Limited (GHL) is in response to alleged diversion of funds and visible moves by the borrower to evade payments. In a circular to shareholders to…

Climate action: Nigeria, APPO want petroleum decarbonization

Sopuruchi Onwuka Global funding for cleaner energy should be used in developing technology for decarbonization of available, affordable and abundantly accessible energy forms instead of driving demand migration to newer, costlier and scarce greener options. The Oracle Today reports that…

NIES 2025 to showcase deals, players shaping energy future

Sopuruchi Onwuka The Nigeria International Energy Summit (NIES 2025) is set to deliver an unforgettable experience with “Conversations with Energy Signature & Transaction Deal of the Year Winners,” a groundbreaking session that promises to be one of the most captivating…

Dangote Refinery pledges price cushion for domestic fuel market

Sopuruchi Onwuka  Nigeria’s largest private fuel producer, Dangote Petroleum Refinery, has pledged to continue providing price cushion for the domestic market despite the prevailing volatility in the international prices of crude oil. The company stated at the weekend that it…

NMDPRA says govt policies transform Nigeria into regional oil hub

Sopuruchi Onwuka The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has assured that fiscal and operating strategies guiding then petroleum industry are course to transform the country into continental energy powerhouse. Authority Chief Executive, Engr Ahmed Farouk, who spoke…

Chief S.L. Edu Memorial Lecture: Chevron commits to climate action, conservation

Chevron Nigeria has restated its commitment to continuous investment in reducing carbon intensity and expanding lower-carbon businesses. The company declared at the 23rd Memorial Lecture honoring late Chief S.L Edu in Lagos that th commitment is part of its measures…

China leads plans to build space based solar power station

Sopuruchi Onwuka, with agency reports As the race to locate more facilities in the orbit gets intense, China has begun working on plans to be the first to take a space for its gargantuan orbital solar farm that would harness…