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Economy

NOGOF 2025 to dismantle barriers for local oil upstarts

* Bayelsa to host opportunity fair in May Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB), has declared is intention to dismantle all entry barriers for local enterprises seeking opportunities in the nation’s petroleum industry. The agency which…

Business Economy Energy

XENERGI denies complicity in Axxela’s land crisis, urges peace

Sopuruchi Onwuka Indigenous gas technology solutions company, Xenergi Limited, has declared that it is not a party to the ongoing dispute between Axxela Limited and its host communities over land acquisition crisis in Delta State. Xenergi is a Natural-Gas technology…

NCDMB indicts SEEPCO Limited on multiple regulation breaches

Sopuruchi Onwuka  There appears to be no respite for the embattled Sterling Oil Exploration and Energy Production Company (SEEPCO) Limited in its war with the organized labour movement as the government’s regulator, The Nigerian Content Development and Monitoring Board (NCDMB),…

Oilda Fireside Chat: SPE Africa prepares members for decarbonization

Laments natural gas waste in Nigeria The Society of Petroleum Engineers (SPE) says it is preparing its members for decarbonization of the African petroleum industry in the face of threats posed by the prevailing global campaign for energy transition. The…

Business Economy Energy

NCDMB launches Champions of Nigerian Content Awards

Sopuruchi Onwuka The Nigerian Content Development Monitoring Board (NCDMB), in partnership with Sweetcrude Limited, publishers of SweetcrudeReports, is pleased to announce the launch of the ‘Champions of Nigerian Content Awards’. “This prestigious awards ceremony aims to recognize and celebrate individuals…

We sold our land to Axxela, Umuseti community debunk claims by Emu Ebendo

The Umuseti Community in Utagba-Ogbe, Kwale in Delta State has discredited claims by some protesters from the Emu Ebendo community regarding the ownership of a parcel of land purchased by Axxela. High Chief Emmanuel Akpe, spokesperson for the Umuseti Community,…

Ngige of derailed expatriate quota regulations __PENGASSAN

Sopuruchi Onwuka The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has accused former Minister of Labour, Dr Chris Ngige, of conniving with foreign companies in the country to derail implementation of laws that were conceived to secure…

IWD: Shyllon Museum, others empower Itamapako women leaders

The Yemisi Shyllon Museum of Art (YSMA), Pan-Atlantic University, has reaffirmed its commitment to using art education as a catalyst for empowerment and social development with the successful hosting of the “Leadership Orientation Programme: Cultural Inclusion through the Arts” for…

PENGASSAN threatens industrial action over showdown with SEEPCO Limited

Sopuruchi Onwuka The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has demanded the federal government to immediately impose stringent sanctions on Sterling Oil Exploration & Energy Production Company (SEEPCO) Limited for violating numerous labour laws, operating regulations…

NCDMB throws weight behind 100 kbd refinery project

Stakes funds in 20% equity Sopuruchi Onwuka The push for local refining capacity expansion has become intense with Nigerian Content Development and Monitoring Board (NCDMB) adding its weight to drive through a new 100,000 barrels per day (100 kbd) crude…