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NCDMB, Dangote to collaborate on Local Content
The Nigerian Content Development and Monitoring Board (NCDMB) and the Dangote Petroleum Refinery and Petrochemical Company have inaugurated a Joint Technical Committee (JTC) aimed at advancing local content implementation during the operational phase of the 650,000 barrels per day refinery…
Shell dismisses BP acquisition rumour
Shell said weekend that it has not actively considered an offer to buy over BP and would still not do so, according to a report by Oilprice. The clarification came in response to media report which in the week sparked…
Executive Orders aim to enhance oil industry efficiency _Avuru
Sopuruchi Onwuka The recent executive orders churned out by the federal government are meant to steer the Nigerian upstream petroleum industry into clear pathway towards delivering government’s prime economic aspirations for the energy sector. Chairman of AA Holdings, Mr Austin…
Global energy investments indicate shifting demand patterns
Sopuruchi Onwuka The declaration by the International Energy Agency (IEA) that some 67 percent of the $3.3 trillion of global energy investments in 2025 is dedicated to development of clean energy amplifies the staggered but determined move by global institutions…
Revolutionary procedure helps man grow new eye
A 28 year old man who lost his left eye to shrapnel from fireworks can now see with the eye once more after he participated in an experimental stem cell procedure that allowed the damaged parts of the eye to…
War fatigue in M. East lowers oil market tension
Sopuruchi Onwuka Iran’s signal to walk back from double war fronts after 12 days of aerial war with Israel and a fierce confrontation with the United States over debilitating blasts at its nuclear facilities is beginning to settle nerves at…
Ecuador bans visa-free transit for Nigeria, 44 other countries
Sopuruchi Onwuka Travelers from Nigeria and 44 other countries would now be required to obtain transit visa before passing through the South American state of Ecuador as most countries begin to tighten immigration controls. According to Ecuador’s Ministry of Foreign…
Community Secondary School, IgbohEtche, wins NLNG Science Quiz Competition
Community Secondary School, IgbohEtche, has won the keenly contested NLNG Science Quiz Competition for 2025, beating seven other schools that also made it to the final stage of the contest. Larger turn out of students from across Rivers State attended…
Panic in oil market as Iran’s parliament votes to close Strait of Hormuz
The Iranian parliament has voted in support of closing the Strait of Hormuz, one of the world’s most critical oil transit chokepoints, but the final decision on retaliation will rest with the country’s Supreme National Security Council and leader, Ayatollah…
ALDG demands pan-industry alliance on gas market development
Sopuruchi Onwuka Investor group in the domestic gas distribution business, the Association of Local Distributors of Gas (ALDG), has called on government to evolve regulatory instruments that would guarantee greater market incentives for players in the domestic gas supply. The…
