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David W. Panuelo, former President of the FSM The Federated States of Micronesia (FSM) endorsed on Thursday, September 26, 2024, the proposed Fossil Fuel Non-Proliferation Treaty during its address at the United Nations General Assembly. The announcement makes them the 14th nation to join the growing call for a global, legally binding agreement to equitably phase out oil, gas and ...

In a bid to create a platform for critical stakeholders to share ideas, explore opportunities for collaboration and co-create pathways for the commercialisation of research outputs, the Nigerian Content Development and Monitoring Board (NCDMB) is partnering Triple Helix Nigeria (THN) to host the maiden edition of the SciBiz Annual Conference 2024.Themed “Integrating Research Innovation and Policy: Triple Helix Pathway to ...

Engr. Jennifer Adighije inspecting NDPHC power plant in Calabar As part of nation-wide tour of its power plants across Nigeria, the Managing Director and Chief Executive Officer (MD/CEO) of Niger Delta Power Holding Company (NDPHC), Engr. Jennifer Adighije, pointed out clearly that electricity is one of the cardinal agenda of President Bola Tinubu. This is because access of electricity to ...

Photo: Ag. CFO, Egbin Power, Yetunde Sorinola; CEO, Egbin Power, Mokhtar Bounour; School Administrator, Powerfields Schools, Ngozi Emezue and Head of Corporate Communications & CSR, Egbin Power, Felix Ofulue with the scholars during the award presentation to beneficiaries of Egbin Power’s 9th Scholarship Programme, held in Ikorodu, Lagos Egbin Power continues its unwavering commitment to promoting academic excellence and sustainable ...

………by Ben Ndubuwa…… Nigeria’s oil and gas sector is at a critical juncture, with new opportunities emerging as the global energy landscape evolves. Amid this shift, the Federal Government is pushing to attract investment and promote local content as a key business driver. Indigenous companies are increasingly stepping up, taking on a larger role in offshore projects and expanding in-country ...

…..by Ben Ndubuwa…….. The Nigeria Extractive Industries Transparency Initiative (NEITI) has disclosed that outstanding collectible revenues from the oil and gas industry owed to the Federal Government have risen to over $6.071 billion and N66.4 billion as of June 2024. This revelation was made in the 2022/2023 Independent Oil and Gas Industry Report released by NEITI today. A detailed breakdown ...

The Nigerian Association of Energy Correspondents (NAEC) is set to host its flagship annual conference on Thursday, October 3, 2024, at Eko Hotel and Suites, Victoria Island, Lagos. The event, which begins at 9 a.m., will bring together key players in Nigeria’s energy sector to deliberate on critical developments in the oil, gas, power, and renewable energy industries. The theme ...

Vice President Kashim Shettima has welcomed ExxonMobil’s proposed $10 billion investment in Nigeria’s deepwater oil operations, describing it as a clear testament to the Tinubu administration’s economic reforms and investment-friendly policies. This is coming just as the international maritime giant, DP World, has announced plans to develop a multi-billion dollar port project in Nigeria. According to a statement by his ...

The rise in prices of cooking gas also called Liquified Petroleum Gas (LPG) is an indication of failure by Federal Government to implement strategies aimed at increasing supply chain disruption and maximizing the country’s huge gas reserves. According to the National Bureau of Statistics (NBS) the country’s high inflation rate which was 32.15 per cent in August has continued to ...

Brevity Anderson, a strategic advisory and consultancy firm specializing in facilitation and optimizing international trade and business operations has signed a landmark Memorandum of Understanding (MoU) with the African Petroleum Producers Organization (APPO). The signing of this strategic partnership, which took place in Malabo, Equatorial Guinea at the ongoing 6th meeting of APPO National Oil Companies CEOs’ forum, reinforces Brevity ...