British International Investment (BII), the UK’s development finance institution and impact investor, will unveil new investments and partnerships at COP29 to mobilise private capital into climate finance. Investments and initiatives to mobilise private capital to be announced this week include:…
NNPC, SPDC donate $1m to Borno flood victims
The Shell Petroleum Development Company of Nigeria Limited (SPDC JV) – Operator of the NNPC Limited, SPDC, TotalEnergies and Nigerian Agip Oil Company Joint Venture– has, announced the donation of US$1 million to support efforts to provide relief to over…
Lagos State Champions Africa’s Health Security: Experts Advocate for Increased Investment and Public Engagement at One Health Conference
On the second day of the 10th African Conference on One Health and Biosecurity, prominent figures, including former Lagos State Governor Babatunde Fashola, Health Commissioner Professor Akin Abayomi, and GET Consortium Chief Operating Officer Dr. Ayodotun Bobadoye, emphasized the urgent…
ADIPEC 2024: NNPC Calls for Stronger Collaboration and Transparency to Drive Decarbonization Efforts
The Nigerian National Petroleum Company (NNPC) Ltd has emphasized the need for stronger collaboration and transparency to accelerate carbon reduction across the oil and gas value chain, as parties within the global energy sector aim for net-zero emissions by 2050.…
ICP Hub Singapore Showcases ‘Innovate Securely, Comply Globally, Impact Sustainably’ at Singapore Fintech Festival with Partners UNDP and Global Fintech Institute
ICP Hub Singapore, funded and supported by the DFINITY Foundation, the creator of Internet Computer Protocol (ICP), is proud to announce its prominent showcase at the Singapore Fintech Festival. Located in Hall 4, directly opposite the Talent Stage, ICP Hub…
“Komolafe Denies N32bn Revenue Leakage, Highlights NUPRC’s Transparency and Investor Confidence”
Engr. Gbenga Komolafe, the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has firmly refuted allegations of a N32 billion revenue leakage within the commission. Testifying before the House of Representatives Public Accounts Committee, Komolafe clarified that NUPRC…
Heirs Energies CEO to Highlight African Energy Leadership at African Energy Week 2024
Heirs Energies, a leading integrated energy company in Africa, announces its participation in the prestigious African Energy Week (AEW) 2024, taking place from November 4-8 in Cape Town, South Africa. Osa Igiehon, CEO of Heirs Energies, will represent the company…
FG Appoints Afreximbank as Settlement Bank for Naira-Based Transactions on Crude Oil, Petroleum Sales
With the commencement of PMS production from the Dangote Group’s 650,000-barrel-per-day refinery, the Federal Government of Nigeria has appointed the African Export-Import Bank also known as Afreximbank as the Settlement Bank for naira-based transactions on crude oil and refined petroleum…
Divestment: NUPRC to Resolve Shell’s $1.3bn Renaissance Africa Deal, Gets Vote of Confidence from Energy Adviser, Olu Verheijen
…Insists Nigeria is open to investors as Government Accelerates Focus Shift to Deep Offshore and Gas Operations The Special Adviser to the President on Energy, Olu Verheijen, has expressed confidence in the ability and commitment of the Nigerian Upstream Petroleum…
NAPE Pre-Conference: Leveraging Divestments, Local Content Capacity to Enhance Nigeria’s Oil and Gas Industry
As the 42nd annual international conference of the Nigerian Association of Petroleum Explorationists (NAPE) approaches, taking place from November 10-14, a pre-conference workshop has been held to discuss critical issues impacting the industry. In his opening remarks, Dr. Abiodun Ogunjobi,…
