…Calls for capacity building of indeginuous engineering firms By Gloria Akudoro, Abuja The President of the Council for the Regulation of Engineering in Nigeria (COREN), Engr. Ali Rabiu on Tuesday said that enactment and adaptation of the Nigerian codes and…
The Minister of State for Petroleum Resources, Dr Timipre Sylva, has said that the country loses 400,000 barrels of crude daily via oil theft. Sylva said this on Monday, when he paid a courtesy visit to Gov. Hope Uzodimma of…
The Minister of State for Petroleum Resources, Chief Timipre Sylva and the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kyari, would at the Annual International Conference of Association of Energy Correspondents of Nigeria…
The Nigerian Content Development and Monitoring Board (NCDMB) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) have inaugurated a six-man Anti-Corruption and Transparency Unit (ACTU) committee at the Nigerian Content Tower in Yenagoa, Bayelsa State. The Executive…
By Uthman Salami A respectable investment bank, Goldman Sachs has predicted a downward review of Brent crude price, which it initially forecast at $140 a barrel. The price of the crude is now predicted to decline from $140 to $110…
By Uthman Salami The President, Muhammadu Buhari has consented to the acquisition of the shares of Exxon Mobil Nigerian unit by Seplat Energy Limited. The Special Adviser to the President on Media and Publicity, Femi Adesina, in a statement, said…
Ikeja Electric Plc, IE, has trained 140 employees to boost metering density and meter management across its network. Chief Executive Officer, Ikeja Electric, Folake Soetan, who led the presentation of certificates to the graduands, said that Ikeja Electric Metering Academy…
Turkey’s President Tayyip Erdogan and Russia’s President Vladimir Putin agreed on Friday to bolster cooperation after a four-hour meeting, a joint statement from the two nations has revealed as cited by Reuters. As part of the deal, which would increase…
The Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh has charged the Society of Petroleum Engineers (SPE) to join in the protection of Nigeria’s oil assets using their expertise. Jamoh stated that the SPE have a greater…
Axxela Limited (“Axxela”), one of the leading energy solutions providers in Sub-Saharan Africa, has retained its ‘A-’ corporate credit rating by Agusto & Co., for the second year running. Following a successful corporate rating report, the rating agencyhas affirmed the…
