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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…

NNPC, Aiteo launch Nembe crude oil grade with 2 cargoes

 Sopuruchi Onwuka Nigeria’s crude oil offerings to the international market have continued to increase with the new Nembe crude oil grade which has been launched by the partners in the operations of the Nembe petroleum assets. The Nembe crude oil…

Three directors join Seplat’s board

The Board of Directors of Seplat Energy Plc today announces the approval of the appointment of Mr. Christopher John Okeke, Mr. Udoma Udo Udoma and Mr. Babs Omotowa as Independent Non-Executive Directors of the Company. Mr. Okeke and Mr. Udoma…

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,…

Displacing 21 GW coal generation with nuclar demands $249 bn

Sopuruchi Onwuka, with agency reports It is becoming clearer that the highly hyped energy transition will be a super slow process, promising that fossil fuels would linger long in the global energy mix for a long time into the future….

Seplat’s grows Q3 revenue by 31% to N478.1bn

Indigenous energy group, Seplat energy Plc, has announced a 31 percent revenue jump, posting gross earnings of N478.1 billion in the first nine months of the year and interim dividend of US3 cents per share. The Nigerian independent energy company…

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….

Wabote, Barth Nnaji chorus Nigerian Content remedy to forex crisis

Sopuruchi Onwuka Amidst the growing anger in the country over the rising rate of foreign exchange, prominent industry technocrats with critical roles in the economy have agreed that strict application of the existing local content laws would reverse the demand…

Nigerian petroleum industry thriving on Nigerian Content   _Wabote

The Nigerian oil and gas industry is growing steadily across several fronts despite reduced investments due to the global quest for cleaner energy and divestments of some onshore and shallow assets by international oil companies. According to the Executive Secretary…