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Kemi Badenoch arrives UK-Nigeria partnership
Sopuruchi Onwuka The UK Minister for Business and Trade, Kemi Badenoch, has arrived in Nigeria to begin a 3-day visit to deepen the UK-Nigeria partnership. Following the former Foreign Secretary’s visit to Nigeria in August 2023, and last week’s UK-Nigeria…
Sonatrach signs new 10-year LNG agreement
Grain LNG and Sonatrach have signed a 10-year agreement that will extend Sonatrach’s long-term storage and redelivery capacity at the Grain LNG terminal in the UK from January 2029. This is the first agreement covering an import capacity of 125…
Elon Musk who lives in micro-mansion wanted $55 bn from Tesla
Sopuruchi Onwuka, with agency reports Tesla CEO Elon Musk’s biographer, Walter Isaacson, has released a photo allegedly showing Musk’s kitchen and part of his living room, giving a rare glimpse at the billionaire’s simple home. Musk announced on X in…
US licensing impasse sends panic shockwaves in LNG market
Sopuruchi Onwuka The challenges faced by natural gas liquefaction and export promoters in the United States of America is set to unsettle and reorder the pattern flow to the export market as key importers begin to shop medium to long…
NNPC, WAGC, Temile build LPG carriers
Sopuruchi Onwuka Nigeria is working up its position in the global gas liquids supply niche with more trading vessels underway to bridge supply gaps between the domestic and international fuel markets. According to the Nigerian National Petroleum Company (NNPC) Limited,…
Italy hosts development summit Africa’s devpt, migration
Italian Premier Giorgia Meloni opened a summit of African leaders on Monday aimed at illustrating Italy’s big development plan for the continent that her government hopes will stem migration flows, diversify sources of energy and forge a new relationship between…
Gas presents new window for Europe’s petroleum investments
Africa’s quest for commercial opportunities from its abundant natural gas resources and Europe’s growing demand for cleaner and more energy will dominate the discussions at the upcoming Invest in African Energy (IAE) forum in Paris in May. Organizers declared in…
Wilson begins pre-FEED, EPC for Nigerian FLNG projects
Sopuruchi Onwuka Nigeria’s gas export prospects are ramping up with more private investments in small and medium scale liquefaction projects offshore Niger Delta, a new development model outside the traditional Nigeria LNG which is also expanding its capacity with new…
Dere Otubu tasks Nigeria-India Business Council on power sector investments
Sopuruchi Onwuka The Chairman, Board of Directors of Eko Electricity Distribution Company (EKEDC), Dr. Dere Otubu has called for enhanced collaboration between Nigeria and India in driving advancements in the energy sector. Dr. Otubu who addressed delegated at a meeting…
Corruption, hostile environment hinder US investments in Nigeria
Sopuruchi Onwuka The government of the United States of America has blamed uncongenial business environment and fear of corruption as key hindrances to investment capital flow from the world’s biggest economy into the Africa’s most populous country. The American Secretary…
