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NNPC Ltd partner US Govt., Deloitte to cut emission at OML 34

Sopuruchi Onwuka The Nigerian National Petroleum Company Limited (NNPC Ltd) has declared that it is working in collaboration with the United States Department of States and international management consultancy firm, Deloitte, to meet its net-zero carbon goals by embarking on…

NNPC shops bigger demand for falling gas output

Sopuruchi Onwuka The federal government has activated global investment campaign that flaunts Nigeria’s huge gas supply potentials instead of available capacity for physical volumes; and this has raised concerns in the industry over the tendency to ignore pressing challenges in…

NCDMB reaffirms commitment to speedy project approvals

Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has restated its commitment to accelerated approvals of requests and documents submitted to it by operating oil and gas companies. The goal isto ensure speedy development of oil and gas…

Business Economy Energy Industry & Commerce

Nigeria missing in 2024 frontier exploration programmes __Rystad

Sopuruchi Onwuka Nigeria which has the most developed petroleum exploration and production plays in Africa is missing in new exploration drilling campaigns mapped by world’s biggest operators in the continent; highlighting the persisting investment apathy by distraught players protesting stringent…

NNPC, WAGC, Temile build LPG carriers

Sopuruchi Onwuka Nigeria is working up its position in the global gas liquids supply niche with more trading vessels underway to bridge supply gaps between the domestic and international fuel markets. According to the Nigerian National Petroleum Company (NNPC) Limited,…

Italy hosts development summit Africa’s devpt, migration

Italian Premier Giorgia Meloni opened a summit of African leaders on Monday aimed at illustrating Italy’s big development plan for the continent that her government hopes will stem migration flows, diversify sources of energy and forge a new relationship between…

Kyari insists NNPC Ltd withheld no public fund

Sopuruchi Onwuka Nigerian National Petroleum Company Limited has declared that it has not failed to remit statutory oil income to the federation account as earlier made public in the damning report f the Nigerian Extractive Industry Transparency Initiative (NEITI). Group…

Ebereonwu canvasses industry-academia collaboration to close skill gaps

Sopuruchi Onwuka Emerging Nigerian petroleum industry policy analyst, Dr Charles Ebereonwu, has called for effective collaboration between the nation’s industrial sector and the academia in order to deepen innovations that propel economic development of the country. Dr Ebereonwu, who currently…

Money market awaits signals as CBN’s MPC holds 1st meeting

Sopuruchi Onwuka Players in the Nigerian financial markets are in full attention as the new administration of the Central Bank of Nigeria (CBN) convenes its first monetary policy committee (MPC) meeting at the end of February to roll out new…

FG welcomes back bureaux de change into forex market

Sopuruchi Onwuka The federal government now allows unofficial foreign-exchange trading back into market in a measure to narrow the gap with the official rate the Naira. And the Economic and Financial Crimes Commission (EFCC) has given the Association of Bureaux…