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Dom market holds incentive for gas investments ___Asiko Energy
Sopuruchi Onwuka Numerous policies and laws in the Nigerian petroleum industry have generated the required demand incentives for investments in production of various gas products for homes and businesses in the domestic market. General Manager in charge of Operations at…
Abia govt offers partnership, infrastructural incentives to petro-allied investors
Sopuruchi Onwuka Commercial concerns interested in building facilities for production of petroleum and allied chemical products can now explore free land and partnership with the government of Abia State which has offered enhanced localized industrial parks for players in the…
“Grit” by Obari Gomba wins The Nigeria Prize for Literature
The Advisory Board for The Nigeria Prize for Literature, sponsored by Nigeria LNG Limited, (NLNG) on Friday announced “Grit”, authored by the playwright, Obari Gomba, as the winner of the $100,000 prize for the 2023 cycle on Drama. Professor Akachi…
FG should provide environment for energy diversification investments __Falcon MD
Sopuruchi Onwuka Managing Director of Falcon Corporation, Mr Audrey Joe-Ezigbo, has added a strident voice to the resonating pan-industry demand for enhanced fiscal regimes, operating terms and infrastructural environment to enable the country position strongly in the unfolding energy transition….
Investment impasse: NGA demands PIA review to address urgent challenges
Sopuruchi Onwuka The Nigerian Gas Association (NGA) has called for wide stakeholder engagement and consultation for an immediate and critical review of the Petroleum Industry Act (PIA) to address impediments hindering investment and ease of doing business. The President of…
Ozempic shows promise treating kidney failure
(Agency reports) A medicine that is originally formulated to treat diabetes and related complications has been attributed with the value of addressing kidney failure and cutting dialysis procedures, Bloomberg reported on Tuesday. The Oracle Today reports that kidney failure is…
NCDMB critical to Tinubu’s economic recovery agenda – Lokpobiri
Sopuruchi Onwuka Use of products and services produced in-country is critical to the economic recovery agenda of the present government of President Bola Ahmed Tinubu, according to the Minister of State for Oil, Senator Heineken Lokpobiri. The minister said that…
Affordable, reliable energy key to creating jobs in Africa – Seplat CEO
Affordable and reliable energy provides the right platform for businesses in Africa to create and retain jobs for its fast growing population and further make the Continent sustainable. Access to energy and energy security remains critical for the Continent, and…
Divestment deals will restore oil industry vibrancy __NCDMB
Sopuruchi Onwuka Contrary to fears of job losses and industry activity downsize, Nigerian Content Development and Monitoring Board (NCDMB) has assured that the prevailing transfer of brownfield oil and gas assets from international oil companies to indigenous independent companies will…
NUPRC introduces advanced cargo declaration to tackle oil theft
As part of efforts to curb incessant oil theft in the country, the Nigerian Upstream Regulatory Commission (NUPRC) has introduced Advanced Cargo Declaration regime in upstream petroleum operations to arrest oil robbery and curtail export of stolen crude oil. The…
