……….by Ben Ndubuwa…..The Crude Oil Refinery-owners Association of Nigeria (CORAN) is set to hold the inaugural edition of the Nigerian Crude Oil Refining Summit scheduled for October 7th and 8th, at the Eko Hotel & Suites, Lagos. This critical event, themed “Making Nigeria a Net Exporter of Petroleum Products,” comes at a crucial time for the Nigerian oil industry as ...
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Chappal Energies: Seiziing Opportunities to Expand Portfolio Asssets in Nigeria
Chappal Energies has made notable strides in Nigeria’s energy sector through two recent acquisition agreements with two major international firms, Equinor and TotalEnergies. As supermajors seek to divest their onshore and shallow-water assets in Nigeria, aiming to decarbonize their portfolios and align themselves with their energy transition strategies, Chappal Energies, registered in Mauritius, is set to expand its holdings and ...
Read More »Radix and Cognite Partner to Deliver Industrial Applications Library for Oil and Gas Industry in ARTIFICIAL Intelligence
Strategic partnership utilizes Hybrid Intelligence and AI to streamline data management to deliver optimal asset performance for industry. ………..by Victor Egbo………… Radix, a global technology solutions company, announced a strategic partnership with Cognite, the globally recognized authority in Data and AI for industry. This partnership aims to accelerate the use of Artificial Intelligence (AI) to streamline and contextualize data management and ...
Read More »Gas Development Will Lead to Nigeria’s Prosperity, Lower Cost of Living- Ekpo
Photo: Minister of State for Petroleum Resources (Gas), Hon Ekperikpe Ekpo arriving the Nigerian Content Tower, Yenagoa, Bayelsa State with the Executive Secretary of Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, during the Minister’s visit to the NCDMB’s headquarters and other facilities on Wednesday. …Hails NCDMB’s strides in Local Content Development……. Amidst the clamour for good ...
Read More »NNPC: We are Faithful, Loyal and Committed to Nigeria’s Progress and Development – Kyari
Photo: GCEO NNPC Ltd, Mr. Mele Kyari addresses an interactive session of the Senate ad-hoc committee investigating alleged economic sabotage in the Nigerian Petroleum Industry, held at the National Assembly on Wednesday. ………by Ben Ndubuwa….. ………Economic Sabotage? Count us Out — NNPC Ltd…….. The Group Chief Executive Officer of NNPC Limited, Mr. Mele Kyari has said the company has not ...
Read More »Ikeja Disco: Court Sentences Two Persons to Prison Over Transformer Vandalism
The Lagos State Magistrate Court in Ejigbo has handed down sentences to two individuals for vandalizing transformers belonging to Ikeja Electric Plc.Abubakar Alido received a one-year sentence for vandalizing a 500KVA transformer on Michael Aladesuyi Street, Egbeda, under the Omo Osho 11KV Feeder, while Ishola Olatunji was sentenced to six months for attempting to vandalize a transformer on Karimu Laka ...
Read More »Petroleum Industry Value Chain Optimization: The Inevitability of Midstream and Downstream Development
…….By SALAHUDDEEN M. TAHIR…………. It is my great pleasure to welcome you all to the Opening Ceremony of the SPE Nigeria Annual International Conference & Exhibition (NAICE) 2024, organized by the Society of Petroleum Engineers (SPE), Nigeria Council. For over forty (40) remarkable years, every August, NAICE brings together energy industry professionals who look forward to connecting, sharing knowledge, and ...
Read More »FG spends $600 Million on Fuel Importation Monthly – Minister of Finance
Photo: Minister of Finance and Coordinating Minister of the Economy, Wale Edun The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed that the country currently spends $600m on fuel importation monthly. He stated that the high import bill is due to neighbouring countries, up to Central Africa, benefiting from the country’s fuel imports. The minister ...
Read More »Seplat Energy Driving Energy Security in Nigeria
Seplat Energy Plc, foremost Nigerian independent energy company, says it is rising to the challenge of energy deficit in Nigeria through its new critical projects, which are capable of taking the company’s gas processing capacity to 850 Million standard cubic feet per day(MMscfd) consolidating the company’s position as a leading gas supplier to the Nigerian market. The Director New Energy, ...
Read More »Egbin Power Bags Triple ISO Certifications and Reinforces Commitment to Operational Excellence
Photo: Chief Operating Officer, Envirowatch, Oyenike Shobowale; Chief Technical Officer (CTO), Egbin Power, Sikiru Gbadamosi; CEO, Egbin Power, Mokhtar Bounour and Head of QHSE, Egbin Power, Julius Akpong during the presentation of ISO 45001:2018, 14001:2015 and 9001:2015 Certificates to Egbin Power in Ikorodu, Lagos. …… Underscoring its unwavering commitment to high operational standards and quality management systems, Egbin Power Plc, ...
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