The President, African Development Bank (AfDB), Akinwunmi Adesina, has said that Africa will drive global agenda on renewable energy and green transitions. Adesina said this at a media conference in Nairobi, on the sidelines of the ongoing AfDB Annual Meetings 2024. While articulating Africa’s inherent advantage in renewable energy, Adesina said the continent had abundant solar potential, and a catalyst for ...
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NNPC Ltd, JV Partners, NDDC Commission N24.5bn Ogbia-Nembe Road
Photo : L-R Executive Director, Corporate Services, Niger Delta Development Commission (NDDC), Hon. Ifedayo Abegunde; Deputy Governor of Bayelsa State, Sen. Lawrence Ewhrudjakpo; Minister of Niger Delta, Hon. Abubakar Momoh and MD/CEO NDDC, Dr. Samuel Ogbuku during the commissioning of the 25.7km Ogbia-Nembe Road in Bayelsa State, on Monday. ….…As FG Calls for More Collaboration to Deliver Sustainable Projects….. As ...
Read More »Africa CEO Forum: Aviation Business Crucial Success Enabler to Regional Integration – Vivajets Boss
Erika Achum and Aliko Dangote …….by Ben Ndubuwa…… The Africa CEO Forum, the umbrella body for top Africa business owners has called for regional business integration in Africa. The Chief Executive Officer (CEO), Vivajets Air, Chukwuerika Achum, said that there is the need for more support for business integration across Africa and that emphasize should be on the benefits of ...
Read More »OGTAN Celebrates Seplat Energy’s Outstanding National HCD Scholarship Scheme
Photo: r-l Manager, Corporate Communications, Seplat Energy Plc, Stanley Opara; Senior Manager, Process, Planning & Performance Management, Supply Chain Management, Akinyemi Akinyoade; Chairman, Board of Trustees, Oil & Gas Trainers’ Association of Nigeria (OGTAN), Dr. Afe Mayowa; and Lead Nigerian Content, Simeon Ogari, at the OGTAN Annual HCD Awards, where Seplat Energy was recognised for its Outstanding National HCD Scholarship ...
Read More »NGA Recognizes Osagie Okunbor and Shell Nigeria for Exemplary Contributions to Nigeria’s Gas Development
Photo : L-R President, Nigerian Gas Association (NGA), Akachukwu Nwokedi; Managing Director, Shell Petroleum Development Company (SPDC), Osagie Okunbor; Shell Principal Adviser, Governance, and Information Management, Ifeoma Okonkwo; Manager, Corporate Planning & Strategy, NLNG, Akitunde Adetunji and Financial Secretary, NGA, Engr. Chukwuemeka Iheme, during the Association’s courtesy visit to SPDC Office in Lagos, on Tuesday, May 14, 2024. The Nigerian ...
Read More »NNPC, Schlumberger (SLB) Sign Agreement to Boost Upstream Operations
Poto : Managing Director, NNPC Energy Services Limited (EnServ), Sophia Mbakwe (5th from right) and Chief Executive Officer, Schlumberger (SLB), Mr. Olivier Le Peuch (4th from left) exchange documents shortly after the signing ceremony of a technical partnership agreement on bolstering upstream operations between the two companies, held at the NNPC Towers in Abuja, on Thursday. …As Kyari Reiterates Company’s Resolve ...
Read More »NNPCL Takes Equity Share in 100,000 BPD African Refinery Port Harcourt
The Nigerian National Petroleum Company Limited, (NNPC) has made an equity investment in African Refinery Port Harcourt (ARPH) situated in the Niger Delta region. The deal brings a new refinery within the Port Harcourt refining complex closer, which is predicted to produce 100,0bpd.A Nigerian law firm Olaniwun, Ajayi, had provided legal advice to ARPH on the transaction, which was announced ...
Read More »Chevron Nigeria Limited Reiterates Commitment to Environmental Stewardship
Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Company Limited (NNPCL) and CNL -NNPCL/CNL JV- is aware of media reports falsely associating CNL to environmental degradation. CNL reaffirms its commitment to environmental stewardship in its operations in Nigeria. CNL’s operations are conducted with sound environmental management practices in strict compliance with applicable laws and ...
Read More »Introducing the Society of Energy Editors
…….Elevating the Standards of Energy Journalism….. The Society of Energy Editors, a new professional organization, has been launched to promote excellence in energy journalism and strengthen the gatekeeping function of the media in the energy sector. The Society’s establishment is a response to the need for in-depth knowledge and nuanced reporting in the energy industry, which has been lacking in ...
Read More »ExxonMobil Declares $8.2 Billion First-Quater 2024 Results
Exxon Mobil Corporation has announced first-quarter 2024 earnings of $8.2 billion, or $2.06 per share assuming dilution. The Company in astatement, informed that the capital and exploration expenditures were $5.8 billion, consistent with the company’s full-year guidance of $23 billion to $25 billion. It said,”Generated strong first-quarter earnings of $8.2 billion and $14.7 billion of cash flow from operating activitiesAchieved ...
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