On Thursday, at the UN Climate Talks, the Fair Finance Coalition of Southern Africa (FFCSA) revealed the findings of an assessment of the policies of six public finance institutions (PFIs) in Africa. The institutions assessed by the FFCSA include the Development Bank of Southern Africa, Industrial Development Corporation, New Development Bank, African Development Bank, Export […]
Energy transition creates huge opportunities in Nigeria as it supports economic and social development, job creation, improved health and education, the Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown has said. Mr. Brown said this during a panel session at the University of Dundee Alumni, Nigeria Chapter seminar held on Saturday in Lagos. Th
Energy transition is creating huge opportunities in Nigeria, Seplat CEO says Read More »
By Godswill Odiong The 11th Practical Nigerian Content (PNC) Forum will take place between 5-8 December 2022 in Uyo, Akwa Ibom State. It is 11 years since the enactment of the Nigerian Oil and Gas Industry Content Development, NOGICD Act, and many strides have been made in developing domestic capacity that has spurred new business
NCDMB: Meet speakers as Practical Nigerian Content Forum opens in Uyo December 5, 2022 Read More »
By Eyo Nsima Again, Nigeria has failed to win a $1.1 billion compensation claim in an Italian court over Oil Prospecting Licence (OPL) 245. The appeals court in Milan, Italy, on Friday, rejected Nigeria’s request for $1.1bn compensation from Shell and Eni, the two IoCs that bought the oil block from Malabu Oil & Gas
Nigeria loses OPL 245 $1.1bn compensation claim in Italian court Read More »
By our Correspondent A Bulk carrier SAKIZAYA ELEGANCE suffered engine failure under 15 July Martyrs Bridge, Bosphorus, Istanbul, at around 0200 LT November 11, 2022, according to FleetMon. It stated: “Bulk carrier SAKIZAYA ELEGANCE suffered engine failure under 15 July Martyrs Bridge, Bosphorus, Istanbul, at around 0200 LT Nov 11, while transiting the Strait in
MARITIME: Panamax bulk carrier disabled in Bosphorus Read More »
On the back of the successful completion of Sonangol’s 30-month Regeneration Program, the role of National Oil Companies (NOCs) in achieving successful energy sector outcomes will be showcased at the upcoming Angola Oil & Gas (AOG) 2022 Conference & Exhibition {http://bit.ly/3AqXeMv} (Luanda; November 29-December 1). The NOC-focused panel will explore the challenges and opportunities behind
The management of the Nigerian Content Development and Monitoring Board has announced the movement of her flagship annual Practical Nigerian Content conference to Uyo, Akwa-Ibom State. The Executive Secretary, NCDMB, Engr. Simbi Kesiye Wabote made the announcement in an email to staff and other stakeholders to confirm that the event would still be held on
FLOOD: NCDMB moves Practical Nigerian Content Conference to Uyo Read More »
The Depots, and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has called on the government to give petroleum marketers access to foreign exchange at the official Central Bank of Nigeria (CBN) rate to enhance the supply and distribution of Premium Motor Spirit (PMS) across the nation. Speaking at a press conference in Lagos, DAPPMAN Chairman,
DAPPMAN seeks FX access at official rate to boost fuel supply Read More »
Professional and trade associations under the oil and gas value chain have declared their readiness to participate fully in the upcoming Nigeria International Energy Summit (NIES) scheduled to take place in Abuja from April 16th to 20th, 2023. The associations include Independent Petroleum Producers Group (IPPG), Nigerian Gas Association (NGA), Petroleum Technology Association of Nigeria
NIES 2023: Professional Associations declare readiness for full participation Read More »
By NJ Ayuk I arrived Sharm El Sheikh for COP27 to stickers bearing the circulating arrows emblem of sustainability. The city appears to be in tip-top shape. I listened to the speeches at the opening ceremony of COP27 noting that Africa faces a quandary: The continent is seeking to eradicate energy poverty and create a
