Business

NCDMB Elevates Nigerian Content to 54% in 2023, Aims for 70% by 2027

By Genevieve Aningo The Nigerian Content Development and Monitoring Board, NCDMB, has disclosed that it has developed Nigeria’s local content…

2 years ago

NNPC to Work with Partners to Reduce Methane Emissions – Eyesan, EVP Upstream

NNPC Ltd. has expressed its commitment to work with global partners in the march towards reducing methane emissions in oil…

2 years ago

<strong>Kyari, Kerry, Moynihan, others discuss climate issues at COP28 in UAE</strong>

Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Malam Mele Kyari joined other global personalities on…

2 years ago

OPEC Announces New Production Cuts, Appoints Libya, Nigeria as Chair in Board of Governors

By Ndubuisi Micheal Obineme In an eventful 36th OPEC and non-OPEC Ministerial Meeting (ONOMM) convened on November 30, 2023, significant…

2 years ago

Equinor sells Nigerian business to Chappal Energies

Equinor sells its Nigerian business, including its share in the Agbami oil field, to Nigerian-owned Chappal Energies. Equinor and Chappal…

2 years ago

AFC Invests $60 Million to Boost Angola’s Indigenous Oil & Gas Production

The investment is part of a $190 million debt facility to support Etu Energias in acquiring oil and gas reserves…

2 years ago

Construction of Nigeria-Morocco gas pipeline project begins in 2024

By Ndubuisi Micheal Obineme The Federal Government of Nigeria has disclosed that the Nigeria-Morocco Gas Pipeline Project, which is aimed…

2 years ago

<strong>Altano Energy and Exus collaborate on dual 64MW Spanish solar plants exceeding 83,000MWh</strong>

With Exus Management Partners providing asset management services to Altano Energy, PV projects Puertollano and El Villar supply enough energy…

2 years ago

TotalEnergies EGINA Oil Spill Not a Minor One – NOSDRA

By Ndubuisi Micheal Obineme The National Oil Spills Detection and Response Agency (NOSDRA) has said that the oil spill from…

2 years ago

Adopt Tunneling, Underground Space Development to transform Nigeria’s economy – Experts

Nigeria and other African nations have been urged to embrace Tunneling and Underground Space Development as a strategy for achieving…

2 years ago