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NCDMB, Partners underway with dogmas solutions

Nigerian Content soars to 35% 420,000 mmscf/d CPFs for commissioning Sopuruchi Onwuka A slew of based gas projects supported by the Nigerian Content Development and Monitoring Board (NCDMB) might provide unusual resolution to the prevailing domestic gas crunch which has…

NAEC hosts policy debate on Nigeria’s energy future

The apex body of specialized reporters covering the Nigerian energy industry will in the first weekend of November provide a credible platform for industry policy drivers, players and stakeholders to examine the country’s new fiscal landscape and investment outlook. The…

Total’s Pouyanne blames green energy hype for market imbalance

One of the world’s biggest energy companies, TotalEnergies, has declared that too much expectation from renewable energy is responsible for current price woes that have unsettled global economies. Chief Executive Officer of TotalEnergies, Mr Patrick Pouyanne, told secondary sources at…

Energy price surge: IMF warns governments against subsidies

The International Monetary Fund (IMF) has declared that countries will need to invest more in renewable energy to protect against volatility in oil and gas prices The multilateral credit agency on Wednesday also advised governments against floating subsidies as measures…

NCDMB takes manpower development to technical schools

Wants youths productively engaged Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has started delivering renovation and equipment of some technical schools in the Niger Delta as part of its drive to revamp technical and vocational education in…

Seplat powers Oben Cottage Hospital

Sopuruchi Onwuka Seplat Energy Plc declares that it has commissioned the project for power supply to Oben Cottage Hospital from its Oben gas facility at Oben Orhionmwon Local Government Area of Edo State. Spokesman, Dr Chioma Nwachuku, stated that the…

Wabote lays proviso for African local content policy

Sopuruchi Onwuka Executive secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr Simbi Wabote, has charged African countries the rapidly embrace the  Nigerian Content models in trapping the resource benefits for domestic economic development. Engr Wabote who made…

Chevron shares experience on Nigerian social investments partnerships

(A contribution from the External Affairs unit of Chevron Nigeria Limited) The Nigerian oil and gas industry is strategic to the overall socio-economic development of the country. It is an industry that thrives on partnership with key stakeholders. Organizations within…

NNPC puts Maiduguri EPP on fast track

Sopuruchi Onwuka Nigerian National Petroleum Corporation (NNPC) has declared plans to expedite realization of its emergency power project (EPP) in Maiduguri as model for similar projects in the country. Group Managing Director, Mallam Mele Kyari, who performed the ground breaking…

CBN launches eNaira ahead of schedule as platform goes live

Sopuruchi Onwuka The federal government has finally launched the much awaited eNaira platform, attracting instant traffic surge as millions of Nigerians pry into the website to explore possibilities of offgrid financial transactions. The eNaira, a Central Bank Digital Currency (CBDC)…