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Decarbonization to lower Nigeria’s electricity cost
Sopuruchi Onwuka Adoption of renewable electricity production technology for sustainable power supply will ultimately cut the cost of electricity in Africa’s biggest economy where renewable power supply is currently unpopular due to high cost of procurement and maintenance. Managing Director…
Nigeria losing Asian crude oil buyers to Russia
Sopuruchi Onwuka Trade sanctions by members of the European Union on Russia after its invasion of neighboring Ukraine has forced the key oil producer to slash prices to court rogue sales mainly from Asia where Nigerian oil grades now begin…
WIEN plots full gender capacity across sectors
New President of the Women in Energy Network (WIEN), Mrs Eyono Fatai-Williams, has stated that the group holds an outlook that could capture the full female potential in Nigeria’s full industry loop in boosting economic growth and development. Mrs Eyono…
NCDMB tasks indigenous oil firms on governance, policy compliance
The management of Heritage Energy Operational Services Limited (HEOSL) and other indigenous oil and gas companies have been advised to adopt strict corporate governance guidelines in their operations if they want their firms to grow sustainably. The companies were equally…
Govt should embrace values women bring to energy industry –Ogbue
After serving as President of Women in Energy Network (WIEN), the foremost gender equity advocacy group in the energy sector; Mrs Funmi Ogbue, who concluded an impactful tenure this November, declares that gender diversity and inclusiveness in Nigeria’s business environment…
NLNG Train-7 project hits 52% completion, employs 8,300 workers
Sopuruchi Onwuka The ongoing construction of the seventh process train of the Nigeria Liquefied Natural Gas (NLNG) currently engages some 8,300 workers who have contributed to driving the project to 52 percent completion as at last weekend. Managing Director, Dr….
Wabote lauds Genesis Academy for creating 2500 jobs
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, on Thursday commissioned the corporate Head Office and Training Academy of the hospitality conglomerate, Genesis Group Limited, in Port Harcourt, Rivers State. The NCDMB…
NEITI Report: NNPC claims N4.207 trn from FG
Sopuruchi Onwuka Following the accounting gaos in the operations of the petroleum industry in which the Nigerian National Petroleum Company (NNPC) Limited was listed as a bad debtor to the country, the national oil company has returned to claim whopping…
Wabote counts local content benefits at MG VOWGAS’s facilities
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote on Tuesday commissioned MG VOWGAS’ newly installed 200-ton heat treatment furnace and state-of-the-art dish head forming machine at the company’s yard in Port Harcourt,…
Oando is ahead of Africa’s ESG curve
Nigeria’s leading indigenous energy solutions provider, Oando, has been confirmed the leader in Africa’s efforts to conform to new global environmental and sustainability standards through its innovative investments in business portfolios that wipe off its operational footprints on the environment….
