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WTO backs U.S. in solar cell case brought by China
Sopuruchi Onwuka, with agency reports The United States secured a victory at the World Trade Organization on Thursday in a case brought by China over U.S. measures to limit the import of solar panel cells. A three-person WTO panel rejected…
NCDMB hauls N26 bn at local tech innovation
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) is to activate a $50 million or N26 billion fund it mapped out to facilitate innovation in the domestic petroleum industry and wider economy. Roll out of the fund will…
NLNG beats chest on domestic LPG supply
Sopuruchi Onwuka The Nigeria Liquefied Natural Gas (NLNG) Limiyted has declared that it has no hand in the supply gaps and consequent hike in the pfrice of Liquefied Petroleum Gas (LPG) also called cokking gas in the country. General Manager,…
Anti-COVID strategies earned NNPC N287 bn profit
Sopuruchi Onwuka Challenges thrown up by the prevailing coronavirus pandemic pushed the Nigerian National Petroleum Corporation (NNPC) to adopt unique operating models that helped cut cost and boost profit in 2020 when the global economy sank by over 3.5 percent…
Kaduna signs deal to plug into AKK pipeline
Sopuruchi Onwuka Kaduna has become the first state in the northern part of the country to officially enter a gas supply deal with the Nigerian National Petroleum Corporation (NNPC) and private firms under the ongoing programme to deepen domestic gas…
Kyari clarifies revenue projection for 2022-2024 revenue framework
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, on Wednesday received accolades from the House of Representatives Committee on Finance for providing detailed explanations on some burning Oil Industry issues at an interactive session…
NPDC reenters OML 11 with new operating model
…As NNPC warns Shell against further contest Sopuruchi Onwuka Nigerian National Petroleum Corporation has declared resumption of operations of production activities by its exploration and production unit, Nigerian Petroleum Development Company (NPDC) at Oil Mining Lease (OML) 11 area onshore…
Wabote becomes African Local Content Icon
Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, has been selected for the African Local Content Icon Award by the 2021 African Business Leadership Awards (ABLA). The award organized by the African Leadership…
FG constitutes panel to end fuel importation
Sopuruchi Onwuka Federal government is taking definite steps to finally restore domestic sourcing of petroleum products into the country, constituting a board that would henceforth drive development of new refineries that would form the nation’s primary source of supply. Nigerian…
NNPC engages contractors in 50MW Maiduguri EPP
A significant step towards redeeming the pledge by the Nigerian National Petroleum Corporation (NNPC) to intervene in the perennial electric power supply challenge in Maiduguri, Borno State, was taken Tuesday with the execution of the Engineering, Procurement, and Construction (EPC)…
