Industry

New SOAN Executives to harness opportunities in Nigeria’s $300bn blue economy Sonny Eja, the newly inaugurated president of the Ship Owners Association of Nigeria (SOAN), said the association under his leadership will focus on…
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Nigeria’s Platform Petroleum will participate as a Bronze Sponsor of the Invest in African Energy (IAE) 2024 forum in Paris, as the indigenous operator seeks new capital and technologies to further develop Nigeria’s marginal…
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The Federal Government is aiming to attract about $10bn worth of investment through the signing of the consolidated guidelines for the implementation of Fiscal Incentives for the Oil & Gas Sector. The guidelines, a cornerstone…
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By William Emmanuel Ukpoju In a strongly-worded statement, former Executive Secretary of the Nigerian Content Monitoring and Development Board (NCDMB), Simbi Wabote, has dismissed allegations made by Minister of State for Petroleum…
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The Nigerian government has fixed the price of Compressed Natural Gas at $1.57MMBtu. Programme Director/Chief Executive Officer, Presidential Compressed Natural Gas Initiative (PCNGi) Michael Oluwagbemi disclosed this in a statement…
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xr:d:DAFnCZbxwvw:440,j:3156298037049120244,t:23082307 By Ese Ufuoma In a notable development, the Presidency announced plans to launch a fleet of two thousand seven hundred CNG-powered buses and tricycles just in time for President…
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R-L: GCEO NNPC Ltd, Mr. Mele Kyari (represented by the Chief Corporate Communications Officer, NNPC Ltd, Mr. Olufemi Soneye) receives the Energy Times Newspaper's GCEO of the Year Award from Rev. Dr. Wole Adebayo of Foursquare Gospel…
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Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr Felix Omatsola Ogbe with, Chairman NedoGas Development Company Limited (NDCL), Engr. Emeka Ene at the ceremony marking the payment of $1m being return on…
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De-facto Subsidy Returns as Petrol Prices Rise Traders Continue to Supply Nigeria Despite Payment Delays Fuel and Power Subsidies Could Shave 3% from GDP in 2024 – IMF Nigeria’s state-owned oil company NNPC is reportedly in…
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Offshore drilling contractor Dolphin Drilling has struck a deal with Lagos-based General Hydrocarbons Limited (GHL), a Nigerian oil and gas player, to boost oil production exercise. The contract is pursuant of past due payment…
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