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BRICS expansion draws new market pattern, away from energy transition
Sopuruchi Onwuka The selection of new members into the bloc of developing countries hosted in BRICS will not only cause name change in the group whose name is an acronym of the five founding members: Brazil, Russia, India, China and…
NCDMB commissions three ICT centres in Akwa Ibom
Sopuruchi Onwuka Three secondary schools in Akwa Ibom State will now conduct academic activities with the ease of Information and Communication Technology (ICT) infrastructure, courtesy of the Nigerian Content Development and Monitoring Board (NCDMB). The agency which is leading capacity…
NCDMB partners Stoilic Shipping on cadets training
The Nigerian Content Development and Monitoring Board (NCDMB) has held a kick-off ceremony marking the commencement of the Cadets Training Programme being organized with Stoilic Shipping Ltd, a renowned maritime training school. The event which was conducted in Apapa, Lagos…
NCDMB to launch 17 firms from technology incubation centre
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has declared that it will today launch new 17 portfolio companies that have passed through the Board’s Technology Incubation and Innovation Centre (TIIC). The local capacity building agency and domestic…
Seplat offers development partnership to Edo State
Sopuruchi Onwuka Seplat Energy Plc and the Edo State government have agreed to deepen their partnership towards improved social, economic and environmental development. The partnetship was part of the discussions during a courtesy visit to the Executive Governor of Edo…
WIEN secures NGA partnership on gender diversity in energy industry
Sopuruchi Onwuka Nigeria’s foremost workplace gender equity advocacy group, Women in Energy Network (WIEN) is collaborating with the new leadership of the Nigerian Gas Association (NGA) to evolve a structured data based approach to gender balancing in the industry. The…
Amend EPSRA, PIA to fix distressed power sector, El-Rufai warns
Sopuruchi Onwuka Former governor of Kaduna State, Mallam Nasir El-Rufai, declared that the laws governing operations in the power and petroleum sectors should be aligned to salvage the increasingly distressed and illiquid electricity supply industry. Mallam El-Rufai stated that the…
NLNG plant is not shut down
The Nigeria Liquefied Natural Gas (NLNG) Limited has discredited media report stating that its plants are in prolonged shutdown and threaten gas production. Nigeria LNG Limited (NLNG) states that the report is false and misleading, its spokesman, Mr Andy Odeh,…
San Leon shops $5m for indirect investment in OML 18
Sopuruchi Onwuka, with agency reports San Leon Energy announced a further investment of $5.0 million in Energy Link Infrastructure (Malta) Limited (ELI), which owns the new pipeline and the floating storage and offloading vessel for the OML 18 oil and…
ADNOC hauls out $12.6 bn for Covestro
Abu Dhabi National Oil Co (ADNOC) has signaled a willingness to raise its informal offer to 60 euros per share for a valuation of $12.6 billion for German plastics and chemicals maker Covestro. The latest offer would represent a premium…
