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Access Bank PLChas hosted the French Week 2024 Business Forum at its headquarters in Lagos, affirming its commitment to bolstering trade relations between Nigeria and France. The event, which kick-started the annual French Week celebration, highlighted Access Bank’s dedication to fostering bilateral business collaborations and creating a platform for growth, trust, and innovation in the France-Nigeria economic space. The Business ...

………by Ben Ndubuwa…. TotalEnergies has reaffirmed its commitment to reducing carbon emissions and increasing its sustainable energy stock with a bold target to achieve net-zero emissions by 2050. This pledge was made by the company’s Chief Executive Officer, Matthieu Bouyer, during the management session at the ongoing 42nd Annual Conference of the Nigerian Association of Petroleum Explorationists (NAPE). Represented by ...

…..by Ben Ndubuwa….. Nigeria is set to attract a significant share of global deepwater investment, following the implementation of a new fiscal framework for upstream projects by President Bola Tinubu’s administration. According to Mrs. Olu Verheijen, Special Adviser to the President on Energy, the recent reforms could position Nigeria to capture 20 percent of the $90 billion available for deepwater ...

Seplat Energy Plc, foremost indigenous energy company, says Nigeria’s development will require significant improvements in access to energy. According to the Company, lower-cost, more reliable energy will drive job creation, prosperity and social development and achievement of the United Nations’ Sustainable Development Goals (SDGs). The Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown, said this while delivering the Keynote Address at the ongoing ...

A major shake-up has taken place in the management of the Nigerian National Petroleum Company Limited (NNPCL), resulting in the removal of some management members and the redeployment of others. This was announced by the Board of Directors of the Company Limited (NNPC) on Wednesday. while Umar Ajiya was Chief Financial Officer (CFO) before now, Oritsemeyiwa Eyesan was in charge ...

The Group Chief Executive Officer of the Nigeria National Petroleum Company Limited (NNPC Ltd), Mele Kyari, has dismissed allegations that the company is undermining domestic refinery efforts. He made these comments at the 42nd Nigeria Association of Petroleum Explorationists (NAPE) Annual International Conference and Exhibition, themed “Resolving the Nigeria Energy Trilemma: Energy Security, Sustainable Growth and Affordability,” held in Lagos. ...

The Managing Director of Platform Petroleum, Engr. John Anim, has underscored the urgent need for Africa to build a self-sufficient and sustainable energy future. In his speech titled “Achieving African Energy Security – The Critical Role of Cross-Sector Collaboration,” during the Upstream E&P Forum session at the African Energy Week (AEW 2024) in Cape Town, South Africa, Anim emphasized that ...

Photo: GCEO NNPC Ltd, Mr. Mele Kyari at the opening ceremony of the 42nd Nigeria Association of Petroleum Explorationists (NAPE) Annual International Conference and Exhibition themed: “Resolving the Nigeria Energy Trilemma: Energy Security, Sustainable Growth and Affordability” in Lagos, on Monday. Group CEO of NNPC Ltd, Mele Kyari has reiterated the company’s commitment to resolving Nigeria’s energy trilemma, by ensuring energy ...

……by Victor Egbo….. Electricity Distribution Companies (DisCos) in Nigeria are headed for a confrontation with regulatory bodies following their insistence that consumers pay for the replacement of functional electricity meters. This development comes despite strong objections from the Federal Competition and Consumer Protection Commission (FCCPC) and the National Electricity Regulatory Commission (NERC), both of which have reiterated that the cost ...

An indigenous oil and gas producer, Millennium Oil and Gas Company Limited (MOGCL) has entered a collaborative arrangement with American energy solutions provider, Saltspring Energy LLC, to decarbonize operations at the Oza oilfield. The agreement seeks to harness flare gas at the Oza marginal field in Abia State for production of electricity. Millennium Oil is a Nigerian based exploration and ...