Olaf Scholz, the German Chancellor has pledged $4.4 billion for the Africa-EU Green Energy Initiative. This is according to a November 20 report by Bloomberg. According to the report, Scholz made the pledge at the ongoing G20 Compact with Africa…
Saudi Arabia’s new natural gas discoveries are no threat to Nigeria’s LNG business. This is according to the Regional Energy Partner at Energy Compact, Kayode Oluwadare. He told journalists on Monday, that the new natural gas discoveries in Saudi Arabia…
The Nigeria Union of Petroleum and Natural Gas Workers, (NUPENG) and Petroleum Tanker Drivers Branch (PTD), have jointly dismissed reports of threats to embark on a nationwide strike. NUPENG General Secretary, Olawale Afolabi, in a statement on Monday in Abuja,…
ReportThe Petroleum Tanker Drivers (PTD) branch of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has refuted claims that its members are planning a protest.Mr Augustine Egbon, PTD National Chairman, in a statement on Monday in Abuja, said…
In a landmark feat, the Nigeria Sovereign Investment Authority (NSIA) has unveiled a $500 million platform to boost investments in Renewable Energy. The investment platform named Renewables Investment Platform for Limitless Energy (RIPLE) was launched in partnership with the International…
At the just concluded 41st Nigerian Association of Petroleum Explorationists (NAPE) Annual International Conference & Exhibition, the Nigerian National Petroleum Company (NNPC) Ltd. has emerged as the 2023 Best Innovative Company of the Year. The award, which was in recognition…
The Petroleum Tanker Drivers (PTD) have threatened to exit its umbrella body, the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), if its President Williams Akporeha and General-Secretary, Afoloabi Olawale, do not resign. Mr Gbenga Olawale, an Ex-Officio of…
The Nigerian Content Development and Monitoring Board (NCDMB) has stated that it will deploy Application Programming Interface (API) for data exchange and information sharing on EQ approvals, marine vessel, rig records among MDAs to boost local content penetration and compliance.…
The Nigerian economy depends significantly on the oil and gas sector. Despite persistent challenges, recent technological advancements, including robotics, advanced instrumentation, drones, and rapid progress in artificial intelligence solutions, are bringing about a transformative era for the industry. This article…
Eko Electricity Distribution Company (EKEDC), has promised to improve its electricity supply to customers within the network. The DisCo also said it would continue to make more efforts in reducing fraud, vandalism and energy theft within its network operations. Chief…
