As countries accelerate the pace of project development in Africa, the demand for legal, financial and logistics services continues to grow With Africa’s energy demand on track to grow more than three-fold by 2040, investments are being directed towards large-scale,…
Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Chief Executive Officer (CEO) Joins African Energy Week (AEW) 2024 as Nigeria Advances Key Gas Pipeline Infrastructure
Farouk Ahmed, CEO of the Nigerian Midstream & Downstream Petroleum Regulatory Authority, has joined AEW: Invest in African Energy 2024 to showcase Nigeria’s regulatory progress and major midstream and downstream infrastructure projects Nigeria signed an agreement this month with Equatorial…
Empowering Türki̇ye’s Agricultural Future: Islamic Corporation for the Development of the Private Sector (ICD) and Vakif Katilim Bankasi Sign USD 30 Million Financing Agreement
Strategic Partnership to Propel SME Growth and Strengthen Food Security in Türkiye In a decisive move to bolster Türkiye’s economic and agricultural landscape, the Islamic Corporation for the Development of the Private Sector (ICD) has partnered with Vakıf Katılım Bankası…
‘SPDC’s Support Nurturing Next-Generation Energy Experts’
A leading academic has identified the targeted investments in education by the Shell Petroleum Development Company (SPDC) Joint Venture as a catalyst for addressing Nigeria’s energy challenges. Professor Anene Moneke, Director of the NNPC/SPDC/TotalEnergies/NAOC Joint Venture Centre of Excellence in…
NNPC Ltd Releases 2023 Audited Financial Statement – Announces net profit of N3.297 trillion, dividend of N2.1 trillion
The Nigerian National Petroleum Company Limited (NNPC Ltd) has released its 2023 Audited Financial Statement (AFS), declaring a net profit of N3.297 trillion at the close of the financial year which ended in December 2023, an increase of over N700billion…
President Tinubu Appoints Engr Jennifer Adighije as MD, NDPHC – To Lead New Management Team
President Bola Tinubu has approved the appointment of a new management team for the Niger Delta Power Holding Company (NDPHC); The new NDPHC Chief Executive Officer, Ms. Jennifer Adighije, is an experienced engineer with vast competencies across management functions in…
Angola Oil & Gas (AOG) 2024 Ministerial Panel to Outline Strategies for Accelerating Regional Integration
As Angola strives for increased oil and gas production, opportunities for regional collaboration in exploration, refining and petroleum distribution emerge With an investment pipeline of $60 billion planned for the next five years, Angola is well on track to maintain…
Lawmakers Express Satisfaction with HYPREP Progress
Members of the House of Representatives Committee on Host Communities have commended the Hydrocarbon Pollution Remediation Project (HYPREP) for significant progress made in cleaning up Ogoniland; extolling also the project coordinator, Prof Nenibarini Zabbey for ensuring continuous implementation of the…
NCDMB, NLNG Commission Galvanizing Plant For Train 7 Project
The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe on Friday commissioned the 10,000 Tons per annum galvanizing plant constructed by Daewoo Engineering Nigeria Limited, one of the engineering, procurement, and construction (EPC) contractors of…
Ministers Lokpobiri, Uzoka-Anite, and Dangote endorse inaugural Nigerian Crude Oil Refining Summit
Feature Image Caption: L – R: CEO, Waltersmith Refinery, Muhammad Musa; Chairman CORAN/OPAC Refinery, Momoh Jimah Oyarekhua; President/CEO Dangote Refinery, Aliko Dangote; Executive Director, Dangote Group, Halima Aliko Dangote; Chairman/CEO Integrated Oil & Gas/Chairman, CORAN Board of Trustee, Captain Emmanuel Iheanacho (rtd); Chief Strategist, Legend & Legacy, Kunle Odusola-Stevenson & Group Chief Strategy Officer, Dangote Group, Aliyu Suleiman during a courtesy visit by Crude Oil Refinery-owners Association of Nigeria (CORAN) to Dangote Refinery in Lagos recently
