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Economy

Delta State partners Xenergi on Eco-Industrial Park development

The government of Delta State has struck collaboration with Africa’s foremost petroleum industry solutions provider, Xenergi Limited, to establish a robust infrastructure and facility base for development of the KGG Gas Eco-Industrial Park (KGIP). The collaboration, according to the partners,…

NCDMB to end waivers for threaded pipes

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri  has directed the Nigerian Content Development and Monitoring Board (NCDMB) to stop issuing waivers for the importation of threaded pipes for use in the Nigerian oil and gas industry….

Deepwater capacity: Is Chappal another rent seeker?

Sopuruchi Onwuka The ongoing business divestment programme that has beset the Nigerian upstream petroleum industry is throwing up a number of concerns over actualization of the prime national economic aspirations through deliberate positioning of capable Nigerian companies for eventual crew…

Business Economy Energy

NGA to spotlight Decade of Gas” initiative at WGC 2025

Sopuruchi Owuka Nigeria’s apex gas industry investment group, the Nigerian Gas Association (NGA), is working to showcase Nigeria’s gas sector progress, highlight investment-ready opportunities, and promote strategic interests at the 29th World Gas Conference scheduled for Beijing, China. in May….

How trump’s trade wars impact Nigeria’s fiscal stability

Sopuruchi Onwuka The prevailing reciprocal tariffs imposed on global imports into the United States of America and the consequent trade wars among global economic powerhouses leave realization of Nigeria’s fiscal projections for 2025 in great uncertainty. Government’s budget for the…

Economy Energy Industry & Commerce

Trump becomes new oil price factor

Sopuruchi Onwuka The new economic and trade policies of President Donald Trump of the United States appear to establish as a third major factor in the global oil price dashboards as threats of crippling sanctions on Russian, Venezuelan and Iranian…

Ojulari gets senior management team

Sopuruchi Onwuka Within 72 hours after his appointment as the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mr Bayo Ojulari welcomes a senior management team on Friday. The appointments which took immediate effect would enable…

WIEN lauds Tinubu on new NNPC board, demands gender balance

Sopuruchi Onwuka Foremost gender equity advocate in Nigeria, the Women In Energy Network (WIEN), has commended President Bola Tinubu on the constitution of new board for the Nigerian National Petroleum Company (NNPC) Limited; saying the changes in the board of…

African Women are pivotal to global energy transformation

Sopuruchi Onwuka The role and contribution of women are critical to the pivotal position of Africa in shaping the emerging global energy transition, and the emerging situation requires that women with immensely industry capabilities are recognized and built into leadership…

NLNG to digitize domestic LPG supply

Sopuruchi Onwuka Nigeria’s biggest gas processing company, the Nigerian Liquefied Natural Gas (NLNG) Limited, is working on processes for seamless flow of Liquefied Petroleum Gas (LPG) also called cooking gas to the domestic market. The company stated weekend that it…