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Western allies prepare more drones for Ukraine
Sopuruchi Onwuka Ukraine is expecting a supply of aerial equipment from the Western military allies as it prepares to push back enemy forces from areas of the country currently captured and annexed by Russia. This time traditional helpers including the…
Appeal Court vacates interim orders against Seplat
Sopuruchi Onwuka Seplat Energy Plc has declared that the orders of an appellate court reinstating its board chairman and executive officers earlier sacked by a High Court which heard grievances of factions in the company. The ex parte Interim Orders…
America dethrones OPEC at oil export market
ExxonMobil finds substitute to Nigeria’s light sweet crude in Guyana Sopuruchi Onwuka The American continent is projecting strong outlook for oil output in the year, claiming the status of swing producer from non-American members in the multilateral Organization of Petroleum…
Shell’s prize in Bonga’s billionth barrel
Sopuruchi Onwuka The best method to convey the value of numbers is to convert them to money. In Nigeria, one billion begins to generate great interest when it looks like N1.0 billion. Greater interest comes with $1.0 billion. and the…
EU builds demand hub against gas price jumps
Sopuruchi Onwuka, with agency reports Countries in the European Union are building a strong demand hub that would not only expand the gas market with multiplicity of smaller companies but also form a stronger bargain platform for securing best price…
Industry captains want broader framework for equity investors in energy
Victor Nze Managing Director and Chief Executive Officer of ND Western, Mr Eberechukwu Orji, has made a call for the expansion of the framework guiding capital market operations to accommodate small and micro level investors into the oil and gas…
WIEN demands full incentives for gas sector investments
Sopuruchi Onwuka Gender diversity group in the Nigerian energy industry, Women in Energy network (WIEN), has called on government to consider well focused policies and incentives that would spur the highly needed investments in realizing the nation’s prime economic aspirations…
Seplat Energy grows Q1 revenue to N152bn
Nigeria’s leading independent energy company, Seplat Energy Plc, has announced its unaudited results for the three months (Q1) ended 31 March 2023, posting a strong financial performance that shows the company’s profit before tax rising by 3.2 per cent to…
Oando, LAMATA deliver electric mass transit buses
Oando Clean Energy Limited (OCEL) has declared delivery of the electric buses to pioneer low emission and sustainable energy transportation in Lagos State. General Manager in charge of Business Support Group at Oando, Alero Balogun, stated in a media release…
NNPC, Golar sign FLNG deal
The Nigerian National Petroleum Company (NNPC) Limited has announced a deal with swith Golar LNG of Norway to build a floating liquefied natural gas plant in the country. An agreement was reached on the project and signed by the Group…
