The Senate Committee on Local Content on Wednesday held the first interactive session with the leadership of the Nigerian Content Development and Monitoring Board (NCDMB) at the Senate Building at Abuja and resolved to collaborate and deepen the implementation of…
Shell Management Visits NCDMB, Plans FID for Bonga, Gas Projects
The leadership of Shell Companies in Nigeria on Wednesday sought the support of the Nigerian Content Development and Monitoring Board (NCDMB) to achieve accelerated development of three major oil and gas projects notably Bonga North deepwater and HI and HA, which are conventional gas projects. The Executive Secretary NCDMB, Engr. Felix OmatsolaOgbe received the…
Total Energies, partners start production from Akpo West field in Nigeria
Total Energies and its partners have announced the start of production from Akpo West field on the PML2 license in Nigeria. Located 135 kilometers off the coast, Akpo West is tied back to the existing Akpo Floating Production Storage and…
NCDMB commits to fast-track of oil and gas projects approvals
The Nigerian Content Development and Monitoring Board (NCDMB) has pledged to expedite the approval of requests and documents submitted by oil and gas companies to ensure the swift development of projects, increase oil production, and improve the national economy. …
Tinubu, OPEC SG among speakers to discuss new energy world order at NIES 2024
The Nigeria International Energy Summit (NIES) 2024, scheduled to take place at the International Conference Centre (ICC) in Abuja, Nigeria, from February 26 to March 1, 2024, will host President Bola Tinubu including H.E Haitham Al Ghais, OPEC Secretary General,…
On OML 34; NNPCL, US Govt., Deloitte Partner to Reduce Greenhouse Gas Emissions
Part of new operational goal to reduce methane and greenhouse gases from upstream activities A net-zero carbon objective The Nigerian National Petroleum Company Limited (NNPCL) has partnered with the United States (US) Department of States and international management consultancy…
Lafarge Africa Plc Pioneers Green Depot in Nigeria, Sets New Industry Standards
Lafarge Africa Plc inaugurates its first-ever green depot in Abeokuta, Nigeria, showcasing a commitment to sustainable practices and setting new benchmarks for the industry. In a bold move signifying a leap towards an environmentally-conscious future, Lafarge Africa Plc has unveiled…
TCN energizes two World Bank-funded 100MVA transformers in Benin substation, Ihovbor work centre
enhances bulk supply to Egba, Oluku, Ihovbor, surrounding areas The Transmission Company of Nigeria (TCN), with funding from the World Bank, has successfully upgraded and energized two 100MVA 132/33kV power transformers at its 132kV Benin Transmission Substation and Ihovbor…
Road to COP29: Highest Climate Ambitions Needed to Decarbonize World
by Cecilia Russell (Nairobi) The road to COP29 has begun in earnest in the backdrop of a global climate report indicating that not only was 2023 the warmest year in a 174-year climate record, it was the warmest by…
Why Nigeria must Channel Petroleum Subsidy Savings Towards Driving Green Growth and Sustainable Development in Nigeria
By Prof. Chukwumerije Okereke In a daring move, Nigeria’s President, His Excellency President Bola Ahmed Tinubu GCFR, declared the immediate abolition of fuel subsidies during his Inaugural Address on May 29, 2023, stating quite simply that “subsidy is gone”.…
