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Industry
NCDMB, ICPC Inaugurate New Anti-Corruption Unit
The Nigerian Content Development and Monitoring Board (NCDMB), in collaboration with the Independent Corrupt Practices and Other Related Offences Commission (ICPC), have inaugurated a six-man Anti-Corruption and Transparency Unit!-->!-->!-->…
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Activities of pipeline vandals detrimental, dwindling economy – SPDC
Shell Petroleum Development Company Limited has said that the activities of pipeline vandals have greatly affected production output in the oil sector of the country, thereby leading to dwindling economy of Nigeria.
The organisation!-->!-->!-->!-->!-->…
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Shell FPSO Water Leak: Nigeria to Lose 170,000bpd
Nigeria’s crude oil production capacity has been further impaired with a shut in of 170,000 barrels per day at the Shell operated Floating Production Storage and Offloading, Sea Eagle, due to water leakage into the facility.
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‘Increase host community funds to 10 per cent’
Demands establishment of Decommissioning and Abandonment Fund
The Ijaw Diaspora Council on Thursday demanded for the upward review of the host community funds from 3 per cent to 10 per cent in the Petroleum Industry Act, as well as!-->!-->!-->!-->!-->…
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Shell Alleges Rebuilding Of Destroyed Illegal Refineries In Niger Delta
Shell Companies in Nigeria (SCiN), has alleged that illegal oil bunkerers were rebuilding illegal refineries destroyed by Nigerian security forces in parts of the Niger Delta region.
This is as it said about $1billion was lost!-->!-->!-->!-->!-->!-->!-->…
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NLNG says it has lost $7 billion in revenue in 2022 due to gas supply constraint, insecurity
The Nigeria Liquefied Natural Gas (NLNG) Limited says it has lost almost $7 billion revenue so far in 2022 due to shortage of gas supply.
The revenue loss can be attributed to the increasing security challenge which has hit the oil!-->!-->!-->!-->!-->…
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Seplat Energy Commits to Supplying Right Energy Mix for Nigeria’s Growth
Leading indigenous energy company, Seplat Energy Plc has said its greatest business opportunity ahead of it is to supply the right mix of energy to support Nigeria’s growth.
In doing so, the company said it remained committed in!-->!-->!-->!-->!-->…
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Nigerian Delegates Partner WEOG to Embark on Energy Trade Mission to Central America
From the 21st to the 26th of August, a delegation of business leaders in the Nigerian Energy Sector will embark on a journey halfway across the world to Central American Energy forte – Belize in a 4-in-1 event that will feature a full!-->!-->!-->…
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NCDMB commends TotalEnergies for revamping GTC PH, sets 60% of HCD Budget for institutional upgrade
The Nigerian Content Development and Monitoring Board (NCDMB) has commended TotalEnergies Exploration and Production Nigeria Limited for embarking on infrastructural upgrade of the Government Technical College (GTC), Rivers State.
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Energy Crisis Threatens Sustainability of Renewable Energy Supplies across the Globe-Sylva
…Rising global population in Asia and Africa will significantly push energy demand upward
…About 600 million people have no access to electricity, while 900 million have no access to clean cooking fuel
Speaking at the opening!-->!-->!-->!-->!-->!-->!-->…
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