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Oil women seek new financing windows
Sopuruchi Onwuka Dearth of capital and its sourcing to fund business initiatives topped the list of challenges encountered by women entrepreneurs in the oil and gas sector of the Nigerian economy. Female stakeholders, the non-governmental Women In Energy Network (WIEN)…
African petroleum producers chart industry future
Some 18 member countries of the African Petroleum Producers Organization (APPO) converged at the third edition of the Africa Local Content Roundtable to chart a pathway for the sustainable development of the industry. The two-day event is hosted by the…
FG, players polarize on calls for PIA amendment
Sopuruchi Onwuka The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, has called for full implementation of the Petroleum Industry Act (PIA) to unlock investments that restore vibrancy in the industry. Engr Wabote…
NNPC Limited’s Bright Business Outlook
By Nasiru Omar When the Petroleum Industry Bill was signed into law in July 2021, some of its key objectives were make the NNPC Ltd to operate as a commercial entity and do its business profitably, pay taxes like every…
‘Capital Oil reached non-political resolution with AMCON’
Sopuruchi Onwuka One of Nigeria’s fastest oil marketing companies, Capital Oil and Gas Industries Limited, is on its way out of the woods after reaching consent judgment with the Asset Management Company of Nigeria (AMCON) over the loan disputes that…
NNPC Retail: A Pearl of Quality Products and Services
(By Emerson Chukwuka) When the Nigerian National Petroleum Company (NNPC) Ltd, then a corporation, set out in the year 2002 to establish a petroleum products retail company as a Corporate Business Unit, it had clear intentions and business objectives. One…
NCDMB decries Africa’s low EPIC capacity in petroleum industry
African nations seeking to achieve economic prosperity must develop local capabilities to process, utilize, and export their resources as a means of powering their growth and development. The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr….
Eni takes 29 Nigerians on post-graduate scholarship
Eni’s subsidiary, Nigerian Agip Exploration Limited (NAE), has awarded scholarships to 29 Nigerian graduates for post graduate studies. The scholarships which form part of the company’s 2023/2024 Awards Scheme will see the beneficiaries funded through their studies at Universities within…
Qatar secures France’s 27-year LNG supply deal
Qatar Energy and TotalEnergies have signed two long-term LNG agreements under which Qatar will supply up to 3.5 million tons per year of LNG to France for 27 years beginning in 2026, Qatar’s state giant said on Wednesday. TotalEnergies is…
Partners take FID on Mozambique LNG in 2024
Italy’s Eni SpA hopes to reach a final investment decision on its second floating liquefied natural gas (LNG) project in Mozambique by the end of June next year, two sources directly involved with the project said on Tuesday. Its first…
