Skip to content
OIL AND GAS REDISCOVERED: THE PROSPECTOR, NCDMB
(By Esueme Dan Kikile ESQ) Twelve years of strategic planning and creative deployment of regulatory powers at the Nigerian Content Development and Monitoring Board have literally reinvented Nigeria’s oil and gas industry to a degree that national aspirations, for decades…
Contract Activation: Geometric Power lays viability template for NESI
Nnaji calls for grid decentralization Sopuruchi Onwuka Activation of contract governed transactions among all players in the gas-to-power programme of the government holds potential to arrest the worsening debt overhang in the sector and also improve all efficiency levels in…
SEPLAT JV empowers 300 Edo, Delta teachers at STEP-3
Leading Nigerian independent energy company, Seplat Energy Plc, say it has empowered 300 teachers from both Edo and Delta States in the third edition of its signature Seplat Teachers Empowerment Programme (STEP). The STEP initiative launched in 2022 seeks to…
Dangote, Adenuga, Rabiu dominate Africa’s billionaire index
Sopuruchi Onwuka Chairman of Dangote Group, Aliko Dangote, is in comfortable position as Africa’s richest man, West Africa’s leading billionaire and Nigeria’s wealth symbol. Besides just being a dollar billionaire, Aliko owns and runs Africa’s biggest manufacturing industries, being the…
Hunger catastrophe looms, the UN warns
A looming hunger catastrophe is set to explode over the next two years, creating the risk of unprecedented global political pressure, the executive director of the UN World Food Programme has warned. Calling for short- and long-term reforms – including…
Ukraine War: 1.6 bn people plunged into food crisis
Some 1.6 billion people or 20 percent of the world’s 8.0 billion population are severely impacted by the fallouts of the ongoing war ignited by Russia’s invasion of Ukraine. Out of the number, about 1.2 billion people around the globe…
Citi blames price surge on Ukraine war, values crude oil at $70
Global investment bank and industry advisory firm, Citi Group has thrown support for the position of the Organization of Petroleum Countries (OPEC) on the surging crude oil prices, saying that the prevailing strong prices are not a product of fundamental…
MPN divestment: Why NNPC shook the table
Sopuruchi Onwuka Inability of the highly anticipated acquisition of Mobil Producing Nigeria (MPN) Unlimited by leading indigenous independent firm, Seplat Energy Plc, to scale initial ministerial assent amplifies the new hard-line position of the Nigerian National Petroleum Company (NNPC) Limited…
Climate researchers demand 50% fossil energy output shut
Sopuruchi Onwuka New findings by researchers suggest that world governments and institutions should immediately stop nearly 200 new petroleum development projects and divert over $300 billion industry budget towards accelerating energy transition from fossil. The new study, coauthored by Greg…
Seplat to accelerate growth with MPN acquisition __Brown
Divests Ubima interest for $55 m Earns N100.6 bn revenue, N48.8 bn profit Sopuruchi Onwuka Indigenous multinational independent energy firm, Seplat, has declared that its proposed acquisition of Mobil Producing Nigeria Unlimited (MPNU) remains on course and awaits regulatory approval….
