TotalEnergies said on Tuesday it has finalised its acquisition of Malaysia’s SapuraOMV, first announced earlier this year. In April, the company unveiled a USD 530-million agreement with Sapura Upstream Assets to acquire its 50% stake in SapuraOMV. The deal follows…
HEDA Advocates for Youth Inclusion in Anti-corruption Crusade
The Human and Environmental Development Agenda (HEDA Resource Centre) has called on Nigerian youths to use their ingenuity in the fight against anti-corruption in the country. Speakers at a conference organised by HEDA made the call on Monday to mark…
UNEP Announces 2024 Champions of the Earth, recognizes six bold environmental leaders
The UN Environment Programme (UNEP) today announced recipients of the 2024 Champions of the Earth, honoured for their outstanding leadership, brave actions and sustainable solutions to tackle land degradation, drought and desertification. This year’s laureates include a minister of Indigenous…
Africa Needs $200bn Annually to Achieve Energy and Climate Goals – NLNG MD
The Managing Director of the Nigeria Liquified Natural Gas Ltd (NLNG), Philip Mshelbila has highlighted Africa’s need for a minimum of $200 Billion in annual investments to meet its energy and climate goals. The NLNG Boss, who spoke at a…
NMDPRA To Review 0.5% Gas Infrastructure Fund for PIA Compliance Amid Stakeholder Concerns
* To Halt Gas Supply To GENCOS Over N2trillion Debt The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced plans to reassess the 0.5% levy associated with the Midstream Downstream Gas Infrastructure Fund (MDGIF) to ensure compliance with…
Environmental Taskforce Hosts ‘Zero-Tolerance’ Special Advocacy, Public Sensitisation Programme
The Lagos State Environmental and Special Offences Unit (Taskforce) has reaffirmed its dedication to ensuring a safe, secure and habitable environment with the successful hosting of its Special Advocacy and Public Sensitisation Programme over the weekend. The event, which commenced…
WaterAid, LASG calls for Collaboration To Address Faecal Sludge/Wastewater Management
WaterAid Nigeria in partnership with the Lagos State WasteWater Management Office (LSWAMO) has called for collaboration among stakeholders in addressing faecal sludge and waste water management in the state. The two organizations jointly made the call at a workshop for…
Chappal Energies Completes Acquisition of Equinor’s Nigerian Assets for $1.2B.
Chappal Energies, an African Energy company has formally taken over the Nigerian assets of Equinor’s Nigerian assets, competing the acquisition process which had been on for quite a while. The deal, which was previously agreed to and announced in November…
Organisations Need To Innovate To Remain Competitive- MD Cakasa
Chief Barnabas Olise, the Managing Director/Chief Executive Officer of Cakasa (Nig) company Ltd, has said that organisations need to innovate to remain competitive or they stagnate. Olise said this while delivering a speech at the Annual Dinner of the Institute…
Chevron Nigeria Wins Award for Energy Company of the Year for Environmental Sustainability and CSR
Chevron Nigeria Limited (CNL), on Friday Dec. 6, 2024, received an award as “Energy company of the year for its Environmental Sustainability and Corporate Responsibility accomplishments. The award presented by the Nigerian News Direct newspaper, was received by Mr Victor…