Strategic partnership utilizes Hybrid Intelligence and AI to streamline data management to deliver optimal asset performance for industry. ………..by Victor Egbo………… Radix, a global technology solutions company, announced a strategic partnership with Cognite, the globally recognized authority in Data and AI for industry. This partnership aims to accelerate the use of Artificial Intelligence (AI) to streamline and contextualize data management and ...

The Management of 11 PLC, formerly Mobil Oil Nigeria Plc, and owners of the Mobil Service Stations in Nigeria, have expressed their regrets for the fire incident that engulfed the Mobil Service Station at Obafemi Awolowo Way, Ikeja, Lagos. The company has also confirmed that all those who sustained injuries have been evacuated to a nearby hospital. According to the ...

The NNPC Ltd wishes to state that the reported explosion at a filling station in Ikeja, Lagos, has nothing to do with the recently commissioned NNPC Gas Marketing Ltd (NGML)/NIPCO Compressed Natural Gas (CNG) Stations, which are currently functioning and running safely without any incident. The NNPC Ltd also wishes to add that the NGML was not affected by the ...

Photo: Minister of State for Petroleum Resources (Gas), Hon Ekperikpe Ekpo arriving the Nigerian Content Tower, Yenagoa, Bayelsa State with the Executive Secretary of Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, during the Minister’s visit to the NCDMB’s headquarters and other facilities on Wednesday. …Hails NCDMB’s strides in Local Content Development……. Amidst the clamour for good ...

…….by Ben Ndubuwa……As part of efforts to boost Nigeria’s crude oil production and grow reserves, the Nigerian National Petroleum Company (NNPC) Ltd has announced the introduction of Utapate crude oil blend, a new crude oil grade into the international crude oil market. From Oil Mining Lease (OML) 13 and fully operated by NEPL, NNPC Ltd’s upstream subsidiary, the Utapate crude ...

Photo: GCEO NNPC Ltd, Mr. Mele Kyari addresses an interactive session of the Senate ad-hoc committee investigating alleged economic sabotage in the Nigerian Petroleum Industry, held at the National Assembly on Wednesday. ………by Ben Ndubuwa….. ………Economic Sabotage? Count us Out — NNPC Ltd…….. The Group Chief Executive Officer of NNPC Limited, Mr. Mele Kyari has said the company has not ...

The Lagos State Magistrate Court in Ejigbo has handed down sentences to two individuals for vandalizing transformers belonging to Ikeja Electric Plc.Abubakar Alido received a one-year sentence for vandalizing a 500KVA transformer on Michael Aladesuyi Street, Egbeda, under the Omo Osho 11KV Feeder, while Ishola Olatunji was sentenced to six months for attempting to vandalize a transformer on Karimu Laka ...

…….By SALAHUDDEEN M. TAHIR…………. It is my great pleasure to welcome you all to the Opening Ceremony of the SPE Nigeria Annual International Conference & Exhibition (NAICE) 2024, organized by the Society of Petroleum Engineers (SPE), Nigeria Council. For over forty (40) remarkable years, every August, NAICE brings together energy industry professionals who look forward to connecting, sharing knowledge, and ...

Photo: CBN Governor, Olayemi Cardoso The Central Bank of Nigeria has okayed the merger of Providus and Unity Bank, as both financial institutions await the approval of the Securities and Exchange Commission. The approval by CBN signals the first merger to be approved following a mandate by the apex bank directing banks to increase their minimum capital base. Per the ...

Photo: Minister of Finance and Coordinating Minister of the Economy, Wale Edun The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed that the country currently spends $600m on fuel importation monthly. He stated that the high import bill is due to neighbouring countries, up to Central Africa, benefiting from the country’s fuel imports. The minister ...