The Nigeria Extractive Industries Transparency Initiative (NEITI) has called for the gender inclusivity in the policy making positions in the extractive industry to enhance the principles of fairness and unlock the full potentials of our nation. The Executive Secretary of…
Technology & System
NCDMB Rallies NNPC, Oil Producers to Boost In-Country Manufacturing of Line Pipes
The Nigerian Content Development and Monitoring Board (NCDMB) on Thursday achieved a much-needed consensus among critical oil and gas industry stakeholders and manufacturers to ramp up in-country production and utilisation of line pipes in oil and gas operations, as part…
FG Vows to Address North-East Energy Challenges, Promotes Gas-Powered Economy
The Federal Government has reaffirmed its commitment to tackling the energy challenges plaguing the North-East region, ensuring that clean energy becomes accessible and affordable for all. Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, made this pledge during…
Global Telecoms Industry Revenue Rose 4.3% in 2023 to hit US$1.1 trillion
…But faces continuing headwinds – even as 5G subscriptions are projected to quadruple by 2028 – PwC Global Telecoms Outlook Global telecoms revenue is projected to rise at a CAGR of 2.9% through to 2028, below inflation, even as the…
NIES 2025: Gas No More Just A Transition Fuel, But Now A Destination Fuel – Okon
Shattering complacency, urging industry leaders and policymakers to abandon short-term fixes and commit to a long-term vision, Engr Effiong Okon delivered a bold and insightful perspective on the future of domestic gas utilization in Nigeria. Okon, known industry wide as…
Seplat Energy’s Landmark Acquisition Deal Wins Big at NIES, Earning High Praise from Industry Stakeholders
The energy sector erupted in celebration at the Nigeria International Energy Summit (NIES) in Abuja, where industry leaders and global stakeholders recognized Seplat Energy’s strategic vision and execution. The company’s Chief Executive Officer, Mr. Roger Brown, was on ground to…
Petrol Marketers Warn of Shutdown Over N100 Billion Unpaid Claims
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened to shut down operations if the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) fails to pay an outstanding N100 billion in bridging claims. The Gombe Depot Chairman of IPMAN, Abdul…
NNPC Shipping, Stena Bulk, Caverton Launch New Joint Venture Partnership To Boost Nigeria, Africa’s Energy, Maritime Sectors
The Nigerian National Petroleum Company (NNPC) Shipping, Stena Bulk,and Caverton Marine Limited today announced the signing of a newjoint venture that will transform Nigerian maritime transportation. The agreement, signed in London last week, aims to create a new tankeroperation serving…
NIES2025: Nigeria is Charting A Bold Path for Energy Growth, Investment and Economic Expansion – Oduwole
At the opening of the Nigeria International Energy Summit, Dr. Olajumoke Oduwole, Nigeria’s Minister for Industry, Trade, and Investment, reaffirmed the government’s commitment to fostering a robust and dynamic energy sector. Highlighting critical policy shifts, international engagements, and investment-friendly initiatives,…
Shell Oil Spill Allegedly Leaves Bayelsa Community Struggling with Severe Water Crisis
The people of Obololi Community in the Tarakiri clan of Southern Ijaw Local Government Area in Bayelsa State are appealing for portable water and food to enable them to survive the current oil industry induced environmental degradation. The community claims…
