…urges energy correspondents on transparent reportage about the Nigerian power sector Nigeria’s Minister of Power, Adebayo Adelabu, has stressed the need to create an improved partnership between the public and private sectors to address critical issues in the Nigerian power sector. The minister who made the call at the just concluded 2023 annual strategic international conference of the Association of ...

Eni’s subsidiary, Nigerian Agip Exploration Limited (NAE) awarded scholarships to twenty-nine Nigerian graduates for Post Graduate studies overseas as well as at Nigerian Universities under its 2023/2024 Awards Scheme. Nine of the beneficiaries will undertake postgraduate studies in various Universities in the United Kingdom and a university in Finland. The remaining awardees will pursue their postgraduate studies in Nigerian Universities ...

Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, has charged contractors handling the 614 kilometer Ajaokuta, Kaduna, Kano (AKK) gas pipelines project not to default on the promised July/August 2024 completion deadline. The minister who toured the project on Thursday had expressed concerns over the slow pace of work, demanding from Oilserve Limited, the contractor handling the segment one of ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has granted a Petroleum Exploration Licence (PEL) to TGS-PetroData Offshore Services Limited (TGS-PD), the first new licence issued under the Petroleum Industry Act (PIA) 2021.Chief executive of the commission, Gbenga Komolafe, who made this known in a statement on Thursday, said the approval was under the licence agreement which the Commission and TGS-PD ...

Chevron team with President Bola Tinubu in a group photograph after the meeting …….by Ben Ndubuwa…… On the sidelines of the United Nations General Assembly meeting in New York, a Chevron team led by Clay Neff, President, Chevron International Exploration and Production and Rick Kennedy, Chairman/Managing Director, Chevron Nigeria Mid-Africa Business Unit, met with President Bola Ahmed Tinubu and other ...

Affordable and reliable energy provides the right platform for businesses in Africa to create and retain jobs for its fast growing population and further make the Continent sustainable. Access to energy and energy security remains critical for the Continent, and Africa needs “affordable, reliable, saaaaaaaaaaaaaaaaaaaaaààaaaaaaustainable and modern electricity for all” to drive the realization of United Nations Sustainable Development Goals ...

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has identified the effective implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act 2010 as one of the key levers for actualizing the Renewed Hope Agenda of President Bola Tinubu’s administration.Speaking during his tour of NCDMB facilities and projects in Bayelsa State on Tuesday, the Minister ...

Photo: Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote with some members of the National Executive Committee and NCDMB Branch Executive of the Petroleum and Natural Gas Senior Staff Association (PENGASSAN) at the 2023 Energy and Labour Summit in Abuja on Wednesday. ……..by Jenifer Dike….. The Nigerian oil and gas industry is poised for a ...

…….by Victor Egbo……. . The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has identified the effective implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act 2010 as one of the key levers for actualizing the Renewed Hope Agenda of President Bola Tinubu’s administration.Speaking during his tour of NCDMB facilities and projects in Bayelsa State ...

Nigeria’s external reserves fell by $841.75m between July and September, figures obtained from the Central Bank of Nigeria revealed.The CBN revealed in its report on the movement of external reserves that the reserves, which stood at $34.07bn as of July 7, 2023, fell to $33.23bn as of October 5, 2023.External reserves fell by $2.85bn in the first half of 2023 ...