Author: Daniel Terungwa

TotalEnergies Clinches ‘Upstream Company of the Year’ Award at 2024 NIES, Reinforcing Commitment to Sustainability and Growth in Nigeria TotalEnergies, a multinational energy company, has been honored with the prestigious title of “Upstream Company of the Year (2023)” at the ongoing Nigeria International Energy Summit (NIES) in Abuja. This notable recognition was announced during the…

Nigerian Army Unveils ‘New Dimension’ of Oil Theft in Rivers: Discovery of Deep, Illegal Wells In a startling revelation, the Nigerian Army has uncovered more than 40 illicit oil wells in the Rumuekpe community of Rivers State, Nigeria. Major General Jamal Abdussalam, the General Officer Commanding (GOC) of the 6 Division Army Headquarters in Port…

NNPC and OPEC commit to collaborating to draw in investments. The Nigerian National Petroleum Company Limited (NNPC Ltd) and the Organization of the Oil Exporting Countries (OPEC) have pledged to collaborate closely to fulfill the nation’s goals of attracting investments and enhancing production. This commitment was revealed by Olufemi Soneye, the chief corporate communications officer…

N.I.E.S 2024: A Crucial Platform for Energy Sector Recovery – Ogbeifun Ms. Iroghama Ogbeifun, the Managing Director/Chief Executive Officer of Starzs Investments Company Limited (SICL), has highlighted the importance of the forthcoming Nigeria International Energy Summit (N.I.E.S) 2024 as a crucial platform for strategizing the recovery of the Nigerian energy sector. Speaking to journalists in…

Nigeria Secures 60% Share of Afreximbank’s $30 Billion Oil and Gas Funding The African Export-Import Bank has disclosed that it has emerged as the primary financier of oil and gas projects across Africa.  The bank noted that it has invested $30 billion in industry projects, with Nigeria receiving 60% of this investment despite reduced global…

Nigerian Navy reports a decrease in crude theft and maritime crimes in the Niger Delta region. Nigerian Navy Ship Delta revealed on Tuesday that there has been a noticeable decline in the occurrence of crude oil theft and other maritime crimes within the Niger Delta region. During a farewell parade held in his honor at…