Senegal Approaches Nigeria to Secure Deal on Local Content Development Support
By YANGE IKYAA
The Nigerian Content Development and Monitoring Board (NCDMB) and the authorities of the Senegalese Petroleum Industry on Tuesday agreed to sign a Memorandum of Understanding (MoU) that will guide Nigeria’s support!-->!-->!-->!-->!-->…
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OPEC tasks oil, gas industries on reducing emission
The Organization of the Petroleum Exporting Countries (OPEC) says the oil and gas industry must harness the world’s most advanced technologies and breakthrough innovations to promote a lower-carbon future.
This,!-->!-->!-->!-->!-->…
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TCN Blames Gencos for Nationwide Epileptic Power Supply
By YNAGE IKYAA
The Transmission Company of Nigeria has said that the current load shedding being experienced nationwide is as a result of power generation companies (GENCOs) delivering very low power that TCN needs to wheel through!-->!-->!-->!-->!-->…
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Africa’s Energy Goals Can’t Be Met Unless Women Lead Development
By YANGE IKYAA
With International Women’s Day being celebrated across the world, Africa’s premier energy event, African Energy Week (AEW), has maintained a strong position that women have to be at the forefront of the continent’s!-->!-->!-->!-->!-->…
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FUEL: Despite scarcity, smuggling rises as Customs seize 36,000 litres
Despite the fact that Nigeria is currently battling petroleum scarcity in most states of the federation, the Nigeria Customs Service (NCS) on Wednesday said that its officers in February intercepted 36,575 litres of premium motor!-->!-->!-->…
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Russia Warns Oil Will Trade at $300 Per Barrel If US Bans Moscow Imports
By YANGE IKYAA
Russia’s Deputy Prime Minister, Alexander Novak, has warned that if the United States and the European Union were to ban imports of oil from Russia, oil would move to $300 per barrel.
As the!-->!-->!-->!-->!-->!-->!-->…
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European Gas Prices Reach Unprecedented Levels On Russia Sanctions
By YANGE IKYAA
European spot gas prices have reached unprecedented levels on fears that sanctions against Russia, accounting for 40% of total imports in the EU, might leave the continent’s natural gas demand without supply.
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Africa faces diminishing supply from legacy oil and gas fields
By YANGE IKYAA
According to African Energy Chamber (AEC) in its 2022 first quarter outlook termed “The State of African Energy,” supply from legacy oil and gas fields across Africa is diminishing, resulting in a decline in!-->!-->!-->!-->!-->…
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Why Abuja Property Owners Oppose Rent Collection Bill
By Danlami Nasir Isah
According to the fourth quarter and full-year 2020 GDP data released by the National Bureau of Statistics (NBS), real estate sector returned to positive growth of 2.81% year on year (y/y) in 2020 following six!-->!-->!-->!-->!-->…
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Jostling for Fame and Cash
DBanj
By Naomi Oleribe
'Nigerian Idol’ and ‘Who Wants to be a Millionaire?’ - two popular TV shows in the country - have lit up the show biz scene, as talents, especially those in search of fame and the platform of making good their!-->!-->!-->!-->!-->…
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