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NCDMB pledges full utilization of oilfield service capabilities
Sopuruchi Onwuka Nigerian Content Development and Monitoring Board (NCDMB) has restated its resolve to support for local service companies in creating jobs in the economy by providing them with greater opportunities in the oil and gas industry. The Executive Secretary,…
Olu Verheijen’s flawed investment appraisal
Sopuruchi Onwuka The calculation by the Special Adviser to the President on Energy, Olu Verheijen, that the Nigerian energy industry attracted impressive $6.7 billion investments in 2024 has found players in the industry looking around in surprise. In presenting the…
Oando plants a foot in Angola with Block KON 13
Sopuruchi Onwuka Nigeria’s fast growing energy firm, Oando, has successfully clinched a joint venture deal, clearing the way for it to become the first Nigerian company to lead an exploration and production joint venture in the Africa’s second largest oil…
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…
Refineries: Inside Kyari’s desperate efforts to sell performance
Sopuruchi Onwuka Since November when the Nigerian National Petroleum Company (NNPC) Limited declared re-streaming of some of its moribund refineries in Port Harcourt and Warri, doubts and controversies have drowned the open excitement obviously targeted by the national oil company…
Budget: Otti pledges massive infrastructure development
Signs 2025 budget into law From Boniface Okoro, Umuahia Abia State Governor, Dr. Alex Otti, while assenting to the state’s 2025 budget of N750,282, 200,000 into law on Friday, December 27, 2024, promised that his administration would continue to do…
China to generate annual 300 bn kWh from world’s largest dam
Sopuruchi Onwuka, with agency reports The Chinese government has approved the construction of a massive hydroelectric power plant over the world’s largest dam to be built over the sacred Yarlung Tsangpo River in the Tibet autonomous region. When ready, the…
PNC 2024: Petroleum industry leaders storm Yenegoa for 13th policy debate
Sopuruchi Onwuka Government’s policy drivers, industry leaders and investors will Monday coverage in Yenegoa, Bayelsa State, for the 13th Practical Nigerian Content (PNC) Conference and Exhibition. The event hosted by the Nigerian Content Development and Monitoring Board (NCDMB) and produced…
Energy security demands diversity of talent ___Olu Verheijen
Sopuruchi Onwuka Africa’s quest for sustainable and affordable supply of energy must first address limitations in the diversity of female expertise in achieving the set target. Thus, all human talents cutting across the gender divide must be harnessed in transforming…
Oando growth impulse: Wale Tinubu and squad are back on the road
Sopuruchi Onwuka While celebrations and plaudits still ring in the air after indigenous energy independent company, Oando Plc, bought out two international oil companies from a joint venture with government, the drivers of the local company are still relentless in…
