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Tamrose grows fleet by 200%, repays $10m NCIF Loan
Sopuruchi Onwuka Indigenous logistics and oilfield services company, Tamrose Limited, has declared that the $10 million low interest loan obtained from the Nigerian Content Development and Monitoring Bard (NCDMB) has propelled rapid growth in its fleet size from just four…
More medals as WIEN delegates continue to dominate industry debates
Sopuruchi Onwuka Africa’s foremost gender equity advocate, Women in Energy Network (WIEN), was weekend recognized by the Association of Energy Correspondents of Nigeria (NAEC) as the most influential voice and support platform for grooming and mobilizing female workforce for the…
Integrated field development should include gas fractionation plants
Sopuruchi Onwuka Players seeking to optimize resource value from stranded oilfields must not only adopt integrated field development model for onsite crude oil processing, but also include gas-to-liquid plants in order to curb flares and capture marginal values from associated…
EKEDC floats Lagos SBU, transforms to holding company
Sopuruchi Onwuka Electric power distribution and marketing company, Power Eko Electricity Distribution Company Plc popularly called Eko DisCo, has declared that its new subsidiary, Excel Electricity Distribution Company Limited would now operate its businesses in Lagos State. It also stated…
Service delivery: NCDMB, NDDC engage in knowledge sharing session
Sopuruchi Onwuka Nigerian Content Development and Monitoring Board (NCDMB) and the Niger Delta Development Commission (NDDC) have committed to strong inter-agency collaboration, peer review of operations in the pursuit for improved corporate governance, enhanced performance and effective service delivery to…
PIA: NUPRC counts over $4.9bn investments in 25 NAG FDPs
Sopuruchi Onwuka The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has declared that it is working to unlock over 55 trillion cubic feet of uncommitted gas reserves and attract billions of dollars in new investments into the country’s gas industry. The…
Afri-6 fuel standard puts modular refinery investments at risk
Dormant institutional funds must be unfrozen to fund petroleum investments Africa Energy Bank still on course for activation by December Sopuruchi Onwuka Imposing global quality standards for Nigeria’s fledgling domestic midstream petroleum industry migh prove counterproductive by draining the commercial…
VP Shettima commends Shell investments at NES
Vice President Kashim Shettima today commended the investments of Shell in Nigeria as he visited the company’s exhibition stand at the opening of the 31st Nigerian Economic Summit (NES) in Abuja. The exhibition complements the participation of Shell in the…
Türkiye locks $43 bn LNG imports from US
Government of Turkiye says it has concluded a $43 billion deals with traders that would deliver liquefied natural gas (LNG) from the United States to further diversify for the European nation. During President Recep Tayyip Erdogan’s U.S. visit, Türkiye’s state-run…
NLNG calls for strong midstream industry for Africa’s oil and gas
NLNG has urged Africans to move beyond the role of raw material suppliers and take their place as key players in the global LNG market. Speaking during a keynote address titled “The Role of African LNG in a Dynamic Export…
