Keen on optimising production from the nation’s hydrocarbon assets to boost revenues and meet the nation’s OPEC production quota, the Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in the Awoba Unit Field, Newcross Exploration and…
We ‘ll demystify cost of oil and gas production In Nigeria – Petan Chairman
Presents NNPCL GCEO With PETAN’s Excellence Award for the Frontier Basin Exploration Initiative The Petroleum Technology Association of Nigeria (PETAN), Chairman, Engr. Wole Ogunsanya has assured that the group will demystify the cost of oil and gas production in…
Forex rate affecting startup’s investment – Digital Investment Expert
Mr Ina Alogwu, Group Director, Digital Transformation, Asset & Resource Management Holding Company (ARM HoldCo) says Foreign Exchange (FX) rate is affecting startups’ from getting investment for their business. Alogwu said this in Lagos, during “The Catalyst”, a startup programme,…
18th Islamic Development Bank (IsDB) Global Forum to Explore Innovation, Entrepreneurship, and Leadership in Islamic Finance
This year’s Forum will bring together thought leaders, policymakers, financial experts, and other stakeholders in the Islamic finance industry to deliberate on innovative tools to foster sustainable development The Islamic Development Bank (IsDB) Institute is pleased to announce the…
Bavarian leader: Revoke EU ban on car CO2 emissions from 2035
Bavarian Premier Markus Söder has again called for an EU-wide ban on the emission of CO2 from cars from 2035 to be withdrawn in the runup to elections to the European Parliament in June. “The ban on combustion engines for…
Trina Storage and Pacific Green sign Letter of Intent of 1500 MWh energy storage system at WFES
At the World Future Energy Summit held in Abu Dhabi in the United Arab Emirates from April 16 to 18 the global energy storage and technology companies, Trina Storage and Pacific Green, had signed a letter of intent relating to…
Afreximbank Supports Rehabilitation of Sporting Facility in Barbados Ahead of the 2024 Cricket World Cup
The facility will go towards renovation and refurbishing works; upgrading of the Garfield Sobers Players’ Pavilion; upgrading A/V and electrical systems as well as procurement of temporary stands African Export-Import Bank announced today that it has extended a USD…
Milestone Reached in South Sudan Block B2 Petroleum Exploration Campaign
South Africa’s SFF briefs South Sudan national oil company Nilepet on progress in aerial exploration and environmental survey as South African President visits Juba South Africa’s state-owned petroleum company the Strategic Fuel Fund (SFF) yesterday met officially with South Sudan’s…
PETAN deepens collaboration with NUPRC; pledges to boost Nigeria’s oil production
The Petroleum Technology Association of Nigeria (PETAN) has assured the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and all stakeholders in the oil and gas sector that its members with decades of experience in the industry, have all the equipment required…
NNPC Ltd, First E&P Achieve 20,000bpd Production at OML 85
The Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First E&P), have commenced oil production from the asset also known as Madu Field. Production from the…