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Photo: Founder, AfriSafe Award, Femi Dasilva (4th left) presenting the 2024 AfriSafe “Best in Safety Performance Power GenCo Award”to the CEO, Egbin Power,Mokhtar Bounour; flanked by (L-R) Head, Corp. Comms & Branding, Felix Ofulue; Head of HR, Gabriel Nkanga; Ag. CFO, Yetunde Sorinola and Head, QHSE, Julius Akpong, all of Egbin Power. …Celebrates Annual QHSE Week                Egbin Power has solidified its ...

NOVA Bank has achieved a major milestone in its commitment to safeguarding customer data and digital operations by attaining the globally recognized ISO 27032 Cybersecurity Standard certification This significant achievement positions NOVA Bank among the elite financial institutions in Nigeria with such a distinction.  The ISO 27032 certification focuses on fortifying cybersecurity measures, ensuring robust protection for data, systems, and ...

150,000 capacity New Port Refinery to come on stream mid 2025 -NNPCL Stakeholders have expressed excitement as the Port Harcourt Refinery commenced operations urging the management of Nigerian National Petroleum Company Limited  (NNPCL) to ensure that its operations are sustained and avoid hitches that could result in the breakdown of the refinery again. Clement Isong, chief executive officer of the ...

KfW (KFW.UL) will provide a 24 billion euro ($25 billion) loan to help develop a future hydrogen network in Germany, the state lender told Reuters, at a time when companies have warned that the technology will take longer than expected to take off. According to Reuters report, KfW will provide a 24 billion euro ($25 billion) loan to help develop ...

The Nigerian National Petroleum Company Limited (NNPCL) has requested an additional N1.19 trillion in subsidy refunds for July 2024, citing exchange rate differentials in Premium Motor Spirit (PMS) importation and joint venture taxes. This request has triggered criticism from state governments and stakeholders, who question the transparency of NNPCL’s accounting practices. The request was detailed in the Federation Account Allocation ...

Photo: James Gooder, Vice President, Crude Oil, Argus Media ……by Ben Ndubuwa…….. In a quarterly webinar and engagement with Energy Editors held today by the Major Energies Marketers Association of Nigeria (MEMAN), the guest speaker, James Gooder, VP, Crude Oil at Argus Media gave a graphic detailed presentation, on the theme “Market Trends Transparency and Fair Pricing” on petroleum products ...

………..by Victor Egbo…… In a significant stride towards energy independence, the Port Harcourt Refinery may have commenced operations, marking a major milestone in Nigeria’s journey to revitalizing its oil and gas sector. The reopening of the refinery, located in Rivers State, is set to boost the nation’s local refining capacity, reduce reliance on imported petroleum products, and drive economic growth. ...

In line with its 2030 ambition to decarbonize the hydrogen used in its European refineries, TotalEnergies has joined forces with Air Liquide to produce renewable hydrogen at La Mède in southeast France.  According to TotalEnergies, this new project complements the Masshylia project to produce green hydrogen by electrolysis led by TotalEnergies in partnership with ENGIE. These projects will reduce the La Mède ...

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 ...

… Not new, says NNPCL …this development may have informed Dangote’s decision to slash fuel prices–stakeholders   The Port Harcourt Refinery has finally begun production of intermediate products that will further be blended into Premium Motor Spirit or Petrol. The old Port Harcourt Refinery with 60,000 barrels capacity per day, according to sources, started producing ethanol a few days ago. ...