MARITIME ACCIDENT: Nohoch Alfa platform catches fire By Our Correspondent A fire broke out at 5:25 a.m. local time on July 7, 2023, at the Nohoch Alfa platform processing center in the Cantarell oil and gas field, Bay of Campeche, Mexico, according to FleetMon. It stated: “The state-owned company said 321 workers were evacuated. A […]
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MARKET UPDATE: Prices leap toward $90 per barrel as uncertainty persists By Eyo Nsima Oil prices, weekend, started to leap toward $80 per barrel on the expectation of increased demand in China and a few other oil-consuming economies. Specifically, the prices of Murban crude, Brent, and the Organisation of Petroleum Exporting Countries, OPEC, rose to
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Metering: Indigenous manufacturers petition FG, caution against TCN’s World Bank-funded bid leading to sack of 40,000 workers, others . Say TCN, NERC, CBN, others should continue 4m meters bid By Eyo Nsima The Association of Meter Manufacturers of Nigeria, AMMON, has petitioned the federal government over the ongoing Transmission Company of Nigeria, TCN’s World Bank-funded
2nd Edition of the Mangrove Marathon Debuts in Lagos. Seeks Participation & Sponsorships for a Greener Future! A coalition of environmental conservation groups are thrilled to announce the 2nd edition of the Mangrove Marathon, which is a 10km eco-awareness run committed to raising awareness and resources towards mangrove restoration and conservation efforts across Nigeria’s coastline.
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Telecoms Investment in Nigeria now $75.6bn, Danbatta declares · As sector added N10.126 trillion to GDP in 2022 The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has officially announced that the investment profile in the nation’s telecommunications sector, comprising foreign direct investment (FDI) and local investment, has
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Energy Journalists extol virtues as Publisher of Nigerian NewsDirect, Dr Samuel Ibiyemi dies at 56 By Our Correspondent Energy journalists in Africa have bemoaned the death of their colleague, publisher of Nigerian NewsDirect, Dr. Samuel Ibiyemi, who died on July 4, 2023, at Babcock University Teaching Hospital, Ilisan-Remo after a brief illness. He was aged
MARITIME ACCIDENT: Cursed tanker engulfed by fire after second explosion By Our Correspondent In the evening of July 3, 2023, when a cargo of diesel and petroleum was transferred from tanker O.T. SHAGOR NANDINI-2 in STS operation, another explosion rocked the tanker, this time in the cargo tanks area, according to FleetMon. It stated: “The
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MARITIME: How Bulk carrier collided with a general cargo ship off Ramallo By our Correspondent A Bulk carrier ARGENMAR MISTRAL collided with general cargo ship ES VANQUISH at around 2100 LT (UTC -3) on July 2, 2023, at the 313-kilometer mark in river Parana, downstream from Ramallo, according to FleetMon. It stated; “Ships were sailing
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NIGERIA’s PETROLEUM INDUSTRY ACT: Ministry of Justice reviews six new regulations By Eyo Nsima The Federal Ministry of Justice in Abuja, Nigeria, has started reviewing six new regulations, targeted at enhancing the implementation of the nation’s Petroleum Industry Act, PIA. The regulations include Upstream Environmental Remediation Fund Regulation 2023; Upstream Environmental Management Regulation 2023; Upstream
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Google’s first West Africa Director Dr. Juliet Ehimuan exits firm Dr. Juliet Ehimuan, one of the most prominent African women in tech and an instrumental leader in Google’s regional growth, has announced her departure from the company. A respected figure in the tech industry and key player in Google’s African initiatives, Ehimuan announced her
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