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NCDMB hauls N26 bn at local tech innovation

Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) is to activate a $50 million or N26 billion fund it mapped out to facilitate innovation in the domestic petroleum industry and wider economy. Roll out of the fund will…

NLNG beats chest on domestic LPG supply

Sopuruchi Onwuka The Nigeria Liquefied Natural Gas (NLNG) Limiyted has declared that it has no hand in the supply gaps and consequent hike in the pfrice of Liquefied Petroleum Gas (LPG) also called cokking gas in the country. General Manager,…

Anti-COVID strategies earned NNPC N287 bn profit

Sopuruchi Onwuka Challenges thrown up by the prevailing coronavirus pandemic pushed the Nigerian National Petroleum Corporation (NNPC) to adopt unique operating models that helped cut cost and boost profit in 2020 when the global economy sank by over 3.5 percent…

Kaduna signs deal to plug into AKK pipeline

Sopuruchi Onwuka Kaduna has become the first state in the northern part of the country to officially enter a gas supply deal with the Nigerian National Petroleum Corporation (NNPC) and private firms under the ongoing programme to deepen domestic gas…

Kyari clarifies revenue projection for 2022-2024 revenue framework

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, on Wednesday received accolades from the House of Representatives Committee on Finance for providing detailed explanations on some burning Oil Industry issues at an interactive session…

Seplat, Orjiakor bag outstanding performance awards

Seplat Energy Plc and its Board Chairman, Dr. ABC Orjiako have emerged winners at the Energy & Corporate Africa Leadership Award Night/Dinner held last week at the Hilton Post Oak, Houston, Texas, Unite States for outstanding indigenous performance. The award…

OML 11: Ogoni leaders, NPDC agree to wipe Shell’s footprints

Sopuruchi Onwuka The people of Ogoni land in Rivers State and the management of the Nigerian Petroleum Development Company (NPDC) have agreed to adopt a new operating model for oil and gas exploration and production in the area which hosts…

OML 11: Shell dares FG at Supreme Court

Sopuruchi Onwuka Shell Petroleum Development Company (SPDC) Nigeria Limited is pressing ahead with contest over operating right on the Oil Mining Lease (OML) 11 onshore Niger Delta, brushing aside advice by the Nigerian National Petroleum Corporation (NNPC) to cease fighting….

NPDC reenters OML 11 with new operating model

…As NNPC warns Shell against further contest Sopuruchi Onwuka Nigerian National Petroleum Corporation has declared resumption of operations of production activities by its exploration and production unit, Nigerian Petroleum Development Company (NPDC) at Oil Mining Lease (OML) 11 area onshore…

Wabote becomes African Local Content Icon

Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, has been selected for the African Local Content Icon Award by the 2021 African Business Leadership Awards (ABLA). The award organized by the African Leadership…