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Prince Igwe is Sun Investor of the Year
The Chairman of Chrisnak Group of Companies, Dr (Prince) Christian Odinaka Igwe, was Saturday night crown Investor of the Year, 2020 by leading media group in the country, The Sun newspaper. Dr Igwe stood tall amongst several other private businessmen…
Industrial economies responsible for climate crisis
OPEC demands energy security for emerging economies Sopuruchi Onwuka American and European countries currently at the forefront of the prevailing global climate action campaigns are actually the key culprits of global warming, historically puffing millions of tons of fumes into…
Three scientists win Nobel Prize in Physics
Three scientists-Syukuro Manabe, Klaus Hasselmann and Giorgio Parisi- have jointly won the coveted Nobel Prize in Physics, holding up their respective works on prediction of changes in global temperature and discovery of systemic planetary disorder. Whereas Syukuro Manabe and Klaus…
Wabote lays proviso for African local content policy
Sopuruchi Onwuka Executive secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr Simbi Wabote, has charged African countries the rapidly embrace the Nigerian Content models in trapping the resource benefits for domestic economic development. Engr Wabote who made…
Cooking Gas: NLNG pulls prices with domestic supply
Sopuruchi Onwuka But for the 35 percent of total liquefied petroleum gas (LPG) also called cooking gas supplied from the liquefaction trains of the Nigerian Liquefied Natural Gas (NLNG) Limited, the prevailing jumps in the prices of the domestic fuel…
Photo story: Eulogies pour in as Obateru bows out
In what appears to be one of the most superlative performance appraisal reports ever given to any public official leaving office, the retirement of Dr Kennie Obateru from the position of Group General Manager in charge of Group Public Affairs…
Energy Security: Indigenous players tackle regulators as majors leave
Sopuruchi Onwuka Indigenous companies in the country and government regulators in the petroleum sector are yet to find common grounds on how to effectively capture the reins of operations in the industry as multinational players that have dominated the business…
Glencore’s Stimler confirms Nigeria’s oil bribery scheme
(As published by Bloomberg) When Anthony Stimler left Glencore Plc in August 2019, he had two big secrets: For a dozen years, he’d paid millions in bribes to African officials and intermediaries. And he was now helping a U.S. Justice…
FG lays frameworks for innovation in petroleum industry
Sopuruchi Onwuka With the global movement for energy transition driving massive divestment of brownfield and medium value assets by multinational oil firms in Nigeria, government have started laying strong foundation for local technical capacity development to position indigenous companies to…
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…
