BREAKING: Buhari Sacks 2 Ministers
President Muhammadu Buhari has sacked the Ministers of Power and Agriculture, Saleh Mamman and Sabo Nanono resoectively, of their cabinet positions on Wednesday.
The Minister of Environment has been named as the new Agric Minister;!-->!-->!-->!-->!-->…
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Would $53trn ESG Fund Benefit Nigeria’s Oil, Gas Industry?
-By Teddy Nwanunobi
With over $160 billion projects that are yet to see the Final Investment Decisions (FIDs) in the upstream segment of Nigeria can benefit from the global Environmental Social and Governance (ESG).
All over the!-->!-->!-->!-->!-->!-->!-->…
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How PIA may Impact Stranded Multi-billion Dollar Upstream Projects
President Muhammad Buhari
Investments in deepwater to rise
Nigeria recorded a major breakthrough, with the erstwhile Petroleum Industry Bill (PIB) on Monday, August 16, 2021, when President Muhammadu Buhari signed it into law on!-->!-->!-->!-->!-->…
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Shell: Divesting from Niger Delta, as Africa Upstream Focus Shifts
-By Fred Ojiegbe
Ownership of some of Nigeria’s oil blocs will soon change hands, as Shell has started the process to divest all operated joint venture licenses held by the Shell Petroleum Development Co. (SPDC) in Nigeria.
This!-->!-->!-->!-->!-->!-->!-->…
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Gains, Challenges as Nigeria Marks 50 Years of OPEC Membership
President Buhari (r), with Mohammad Sanusi Barkindo, OPECSecretary General
Chief Timipre Sylva, Minister of State for Petroleum Resources
-By Teddy Nwanunobi
Recently, Nigeria marked 50 years as a member of the Organisation for!-->!-->!-->!-->!-->!-->!-->…
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Climate Change and Energy Poverty Must be Addressed Concurrently — OPEC Scribe
Recently, the Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), H.E. Dr. Mohammad S. Barkindo, was in Nigeria on his annual leave, after almost three years of absence. During his stay, he granted!-->!-->!-->…
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NCDMB Targets 1000 Participants for 2021 Research, Development Fair
* Announces panelists for 2nd RDFC
By Eddy Ochigbo and Adeniyi Onifade
Ahead of the 2nd edition of its Research and Development Fair and Conference (RDFC) scheduled for September 9, the Nigerian Content Development and Monitoring!-->!-->!-->!-->!-->!-->!-->…
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US AFRICOM Commander says Super Tucanos will be decisive
General Jeffrey Harrigian, the commander of United States Air Forces in Europe and Africa, says the induction of A-29 Super Tucanos aircrafts acquired by the Nigerian government would boost the country’s fight against terrorism.
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Nigeria: Fuel Scarcity Hits Imo Again, As Tanker Drivers Embark On Strike
Residents of Imo State woke up on Tuesday to another round of fuel scarcity, following a strike action embarked upon by the tanker drivers, an action that has aggravated hardship on the residents of the state.
Our correspondent who!-->!-->!-->!-->!-->…
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PIB: Gov Diri seeks resolution of ambiguity in provisions for host communities
Frowns at 3 percent allocation to host communities
Governor Douye Diri of Bayelsa on Tuesday called for clarity in the definition of host communities in the recently passed Petroleum Industry Bill (PIB) to avoid potential conflicts.!-->!-->!-->!-->!-->…
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