Nigerian states including local governments might face financial difficulties in the coming months as the rise in oil prices means a larger chunk of oil revenue will have to go into subsidy payment. According to data from oil price, on…
Seplat Energy Plc is set to host its second edition of the Seplat Energy Summit (SES) on the 7th of October 2021 available for free participation online. The theme of this year’s Summit is: ‘Global Trends in Energy Transition and…
Nigeria is set to enhance its position as one of Africa’s top oil and gas producers at African Energy Week (AEW) 2021 in Cape Town. With a strong delegation led by H.E. Minister Chief Timipre Sylva, the country will not…
Several Inter national Oil Companies (IoCs) are mulling over the idea of leaving their onshore operations in Nigeria owing to litigations. The Minister of State for Petroleum Resources Chief Timipre Sylva said this recently. He recalled that on the assumption…
Eko Electricity Distribution Company (EKEDC) has flagged off activities for the 2021 Customer Service week celebration. Included as part of the event are quiz and competition for secondary schools in the state. The Company in a statement by its General…
Remarks by CNL’s Chairman/Managing Director, Rick Kennedy Chevron Nigeria Limited’s (CNL’s) 2020 Corporate Responsibility (CR) report focuses on the highpoints of the successes the company recorded during the period as well as the socioeconomic impact of its strategic social investments…
…as $11.8trn investment is required through 2045 By Uthman Salami The Secretary General of the Organization of Petroleum Exporting Countries (OPEC) Mohammed Sanusi Barkindo has warned that consumers should brace for more energy shortages. He said unless the world boosts…
…as TCN begins infrastructure upgrade By Uthman Salami The Ikeja Key residential and commercial areas of Lagos State will be in darkness for about two months as Transmission Company of Nigeria (TCN) begins major power facility upgrade. The TCN is…
Any nation or sector of the economy that seeks to implementLocal Content policies successfully must deploy certain programmes such as Capacity Building initiatives, Funding and Incentives and Research and Development, Gap Analysis, Regulatory Framework and Access to market. The Executive…
…to host Africa’s energy summit By Uthman Salami Nigeia and its foreign partners are prepared to host a major summit on energy as part of efforts to light up communities that are presently under served. High point of the event…
