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NCDMB commends Gov Otti on industrial park
Offers tips on low-cost manufacturing The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, has commended Abia State Governor Dr. Alex Otti for the decision of his Administration to establish the Abia Industrial…
NCDMB, Waltersmith train graduates on petroleum industry skills
Sopuruchi Onwuka Venture partners in the Ibigwe Refinery in Imo State are now in partnership to prepare indigenous technical crew that would respond to labour demands in the domestic petroleum industry which is undergoing rapid transformation. The Nigerian Content Development…
NLNG Science Prize: Bubble PoliteCPAP evolved for neonate ventilation
Sopuruchi Onwuka The winning work of the 2023 Nigerian Prize for Science would now substantially relieve parents and healthcare professionals in the country of the cost and complications of assisting newborn babies with immature lungs keep alive with infused oxygen….
NNPC, Oil firms owe Nigeria N9.4 trn from 2021 ops
NNPC leads N6.6 trn secret debts; Withheld N2.33 trn from the federation account; Staked Nigeria’s crude oil for N11.5 trn loans Sopuruchi Onwuka Some 47 oil companies operating in Nigeria’s upstream petroleum industry and the Nigerian National Petroleum Company (NNPC)…
EKEDC earns ISO 27001 Certification
Sopuruchi Onwuka Leading indigenous utility company, Eko Electricity Distribution Company (EKEDC), has earned international recognition for installing and operating measures that prevent and mitigate loss, damage, theft, and other threats to information assets. According to the company’s corporate communications unit,…
NCDMB graduates indigenous underwater divers
Partners Nigerian Navy, MDTI on in-country capacity The Nigerian Content Development and Monitoring Board (NCDMB) has graduated a batch of 20 young Nigerians at the Nigerian Navy Underwater Warfare School, Navy Town, Ojo, Lagos State. The programme held in partnership…
NAOC Divestment: Time to dismantle transaction clogs
Sopuruchi Onwuka It has become necessary and even urgent for regulators in the industry to evolve a smooth process for implementation of the relevant sections of the Petroleum Industry Act relating to entry and exit of investors in the upstream…
China to haul $40 bn at chip industry competition
China’s government is working to push massive 300 billion yuan, the equivalent of $41 billion, into its semiconductor sector as the country ramps up efforts to catch up with the U.S. and other rivals. The cash haul to be raised…
Saudi Arabia, Russia buoy oil prices with supply cuts
Sopuruchi Onwuka Leading members of the OPEC+, Russia and Saudi Arabia, have decided to maintain unilateral production cuts till the end of the years in successful bid to keep prices of the commodity above $90 per barrel ($90/b). The supply…
Nigeria becomes global LNG market laggard
Sopuruchi Onwuka Global supply of liquefied natural gas or LNG jumped by significant 5.0 percent in 2022 as increased flow of supply manly from the United States and Middle East shifted from China to Europe where pipeline gas from Russian…
