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Asharami Synergy Unveils Solar-Powered Borehole System in Omagwa Community, Rivers State

In a remarkable effort to improve access to clean and safe water, Asharami Synergy, in collaboration with the Sahara Group Foundation, has launched a solar-powered borehole system in the Omagwa community of Rivers State. This initiative aims to provide a sustainable water solution to the community, addressing a critical need for clean water in the area. The new borehole, powered ...

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NUPRC Boss Seeks Transparency, Collective Action to Tackle Corruption in Oil and Gas Sector

The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr. Gbenga Komolafe, has called for unwavering commitment to eradicate corruption, particularly in Nigeria’s vital oil and gas sector. Gbenga Komolafe, Chief Executive, Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Komolafe made the call at a workshop organised by the commission to mark the International Anti-corruption Day on Monday, ...

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Flybird Aircraft Safely Returns to Abuja Following In-Flight Incident

On December 6, 2024, a Hawker 900XP aircraft operated by Flybird Aircraft Management Services Limited (AMSL) made an emergency return to Nnamdi Azikiwe Airport, Abuja, after experiencing an in-flight incident en route to Kotoka Airport, Accra. The aircraft, with registration 5N-KAL, was carrying three crew members and one passenger, all of whom were reported safe and unharmed. Flybird AMSL confirmed ...

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Africa’s Energy Sector Needs $200 Billion in Annual Investments, Says NLNG Managing Director

…..by Ben Ndubuwa….. Philip Mshelbila, the Managing Director of Nigeria Liquefied Natural Gas (NLNG) Ltd., has called for over $200 billion in annual investments to meet Africa’s energy and climate goals. Speaking at the networking reception hosted by NLNG during the 2024 World LNG Summit and Awards, Mshelbila emphasized the urgency of this investment, particularly in light of the continent’s ...

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Saudi Arabia Cuts Oil Prices for January Amid Weaker Demand

In a move expected by analysts, Saudi Arabia has lowered the official selling price (OSP) of its crude oil for deliveries to Asia in January. The price cut, driven by weak global demand, marks the cheapest Saudi crude for the region in four years. According to Reuters, the price for Saudi Arabia’s flagship Arab Light blend has been reduced from ...

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Aba Power Plans Fresh 20MW Line To Improve Industrial Efficiency

Aba Power has scheduled to unveil a 20 Megawatt (MW) line to the Owerrenta Industrial Zone on the outskirts of Aba, Abia State. This fact was made known in Lagos by a leading electric power consultant, Engineer Cliff Eneh, on new developments in the power sector expected at the beginning of 2025. Eneh, said, “The commissioning activities have started ahead ...

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Oando Increases Crude Oil Production by 50 Percent in Three Months After Completion of $783 Million Acquisition Of NAOC

….by Ben Ndubuwa…. Oando Plc has announced a remarkable increase in its crude oil production by nearly 50% in the past three months, following the acquisition of Nigerian Agip Oil Company (NAOC) from Italian energy giant Eni earlier this year. The announcement was made during a high-level meeting between Oando and its Joint Venture partner, the Nigerian National Petroleum Corporation ...

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Senate Frown at $25 Million Losses Over Grid Collapses and Considers Reversal of Privatization

…..by Victor Egbo…. The Nigeria Senate has expressed dissatisfaction over the huge financial losses occasioned by incessant grid collapses in the electric power sector. The Senate also noted the deep frustration over the continued failures of the power distribution companies (DisCos) and the Transmission Company of Nigeria (TCN). The lawmakers revealed that they were seriously considering legislative measures to reverse ...

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Tantita Security Services Targets $320 Million Carbon Credit Scheme for Niger Delta

Minister of Environment, Alhaji Balarabe Lawal …by Victor Egbo……… Tantita Security Services Ltd. has announced plans to launch a $320 million carbon credit initiative aimed at fostering community development and promoting environmental sustainability in the Niger Delta region. This ambitious project, which targets the generation of carbon credits from local vegetation, was unveiled during a lecture organized by Highstone Global ...

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Chevron Nigeria Awarded Energy Company of the Year for Environmental Sustainability and CSR

Chevron Nigeria Limited (CNL), on Friday December 6, 2024, received an award as “Energy company of the year (2024)” for its Environmental Sustainability and Corporate Responsibility accomplishments. The award presented by the Nigerian News Direct newspaper, was received by Mr. Victor Anyaegbudike, Manager Communications, Chevron Nigeria and Mid-Africa Business Unit at a colourful event held at the Grand Ballroom of ...

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