Author name: Godswill Odiong

Nigeria’s Petroleum Minister Timipre Sylva to engage investors at Invest in African Energy Reception in London

N.I.E.S 2022: PIA offers protection of business interest in Nigeria -Minister

The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said that the Petroleum Industry Act offered multinational oil companies and global oil industry investment community of adequate protection for their business interest in Nigeria. The minister disclosed this in his keynote address at the 5th edition of the Nigeria International Energy Summit 2022. […]

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SHELL PHOTOSTORY: Shell’s Aiboni wins Women in Energy Award at Energy Summit

Managing Director, Shell Nigeria Exploration and Production Company, Mrs. Elohor Aiboni; flanked by the Minister of State for Petroleum Resources, Chief Timipre Sylva; and the Executive Secretary and Chief Executive Officer, Nigerian Content Development and Monitoring Board, Mr. Simbi Wabote, celebrating the emergence of Aiboni as the 2021 Women in Energy Award winner at the

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In 2021 economic outlook report, we posit that the annual real GDP growth rate would range between -2% and 1%

THE ECONOMIC IMPLICATIONS OF THE RUSSIAN INVASION OF UKRAINE

Implications for The Domestic Economy: The Russian invasion of Ukraine has profound and multidimensional implications for the Nigerian economy, especially if it gets protracted. These include the escalation of energy prices [diesel, aviation fuel, kerosene and gas], mounting petrol import and subsidy bill and the aggravation of petrol smuggling. There are also significant macroeconomic outcomes

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SERAP sues Akpabio, Abass over ‘plan to spend N110bn on bulletproof cars, others’

SERAP sues Buhari over ‘failure to probe alleged misuse of security votes by governors’

Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Muhammadu Buhari “over the failure to promptly and thoroughly probe allegations of systemic mismanagement of security votes by state governors since 1999, and to ensure the prosecution of those suspected to be responsible.” The suit followed Buhari’s 2022 New Year Message in which

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Photo News

MOU — From Left: Director, Governance, Risk and Compliance (GRC), PwC Nigeria, Nomnso Anyichie; West Market Leader, Technology, PwC Nigeria, Femi Osinubi, and Co-founder/CEO, Cognext Analytics, Sandip Mukherjee, during the signing of a memorandum of understanding (MoU) between Cognext and PwC Nigeria, on partnerships to provide Enterprise Risk Management Automation services in Nigeria, held at

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ExxonMobil to sell interest in MPNU to Seplat Energy

By Eyo Nsima ExxonMobil, an International Oil Company, IOC, has concluded plans to sell its equity interest in Mobil Producing Nigeria Unlimited, MPNU, to Seplat Energy. The IOC, stated: “ExxonMobil has reached an agreement to sell its equity interest in Mobil Producing Nigeria Unlimited to Seplat Energy, a Nigerian independent oil and gas company, through

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Wabote Advocates Corporate Governance for Indigenous Oil Firms, lauds Aradel Holdings

Nigerian Content Fund exceeds $500m-Wabote

The Nigerian Content Intervention (NCI) Fund has exceeded half a billion dollars, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has said. He spoke recently at the Sub-Saharan African International Petroleum Conference (SAIPEC) organised in Lagos by the Petroleum Technology Association of Nigeria (PETAN), He indicated that

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NLNG reiterates commitment to delivering Train 7 benefits to Nigerians

NLNG names Prof. Nnaji as Science Prize Board chair as 2022 cycle begins

In flagging off the 2022 cycle of the Nigeria Prize for Science, Nigeria LNG Limited (NLNG) has announced the appointment of Professor Barth Nnaji, a renowned scientist and former Minister of Power, as the chairperson of the Advisory Board for the Prize. Professor Nnaji succeeds Professor Emeritus Akpoveta Susu, a former science prize winner who

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TotalEnergies denounces dissemination by Greenpeace of false and misleading information on greenhouse gas emissions

Namibia: TotalEnergies makes significant discovery in offshore

TotalEnergies has made a significant discovery of light oil with associated gas on the Venus prospect, located in block 2913B in the Orange Basin, offshore southern Namibia. The Venus 1-X well encountered approximately 84 meters of net oil pay in a good quality Lower Cretaceous reservoir. “This discovery offshore Namibia and the very promising initial

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