Tinubu to Deliver Inaugural Address to Local and International Oil Industry Stakeholders at Energy Summit

Federal Government Differs as NLC Claims Reforms are Harming Nigerians-Tinubunomics Sparks Controversy

ByDaniel Terungwa

Federal Government Differs as NLC Claims Reforms are Harming Nigerians-Tinubunomics Sparks Controversy The Nigeria Labour Congress (NLC) criticized President Bola Tinubu over the worsening economic hardship in the country. NLC President Joe Ajaero faulted Tinubu’s economic reforms, warning against heeding the advice of the World Bank and the International Monetary Fund. However, the Minister of…

Nigerian Stock Market Seizes the Bull by the Horns in 2024

Nigerian Stock Market Seizes the Bull by the Horns in 2024

ByDaniel Terungwa

Nigerian Stock Market Seizes the Bull by the Horns in 2024 The NGX (Nigeria Exchange Group), the major stock market in Nigeria, has experienced significant gains, pushing its main index beyond the 100,000 index points threshold for the first time. Cement giants and banks have contributed to the market’s positive performance. As of January 25,…

Granting Authority to Prosecute Oil Thieves and Offenders-Empowering NEITI

Granting Authority to Prosecute Oil Thieves and Offenders-Empowering NEITI

ByDaniel Terungwa

Granting Authority to Prosecute Oil Thieves and Offenders-Empowering NEITI The Chairman of the House of Representatives Committee on Petroleum Resources (Downstream), Ikeagwuonu Ugochinyere, has announced that the parliament is considering granting the Nigerian Extractive Industry Transparency Initiative (NEITI) powers to prosecute offenders in the oil and gas sector. During a meeting with NEITI officials in…

Former DPR Chief, Osuno Expresses Concern Over Decline in Oil Production

Former DPR Chief, Osuno Expresses Concern Over Decline in Oil Production

ByDaniel Terungwa

Former DPR Chief, Osuno Expresses Concern Over Decline in Oil Production Ben Osuno, a former Director of the defunct Department of Petroleum Resources (DPR), expressed concern over the drop in Nigeria’s oil production. Speaking at a colloquium organized in his honor ahead of his 88th birthday, Osuno noted that the country’s crude oil production had…

Disrupting the Chain: The Vital Imperative of Local Manufacturing in Nigeria's Renewable Energy Revolution
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The Vital Imperative of Local Manufacturing in Nigeria’s Renewable Energy Revolution-Disrupting the Chain

ByDaniel Terungwa

The Vital Imperative of Local Manufacturing in Nigeria’s Renewable Energy Revolution-Disrupting the Chain  Nigeria’s Journey Towards Sustainable Energy Independence-Harvesting the Sun As the sun sets on Nigeria’s potential for renewable energy, a compelling human story unfolds, echoing the aspirations and challenges tied to the pursuit of a sustainable future. In the quest to harness abundant…

Oil and Gas M&A at New Heights Sparks Debate Among Energy Transition Analysts

Oil and Gas M&A at New Heights Sparks Debate Among Energy Transition Analysts

ByDaniel Terungwa

Oil and Gas M&A at New Heights Sparks Debate Among Energy Transition Analysts In a compelling revelation, exclusive deals data from GlobalData, the parent company of Energy Monitor, underscores a significant surge in the value of  M&A deals in the upstream oil and gas sector in 2023. Several countries, including the US, Norway, the UK,…

nhancing Safety and Efficiency in Hazardous Environments- The Cygnus 1 Ex Ultrasonic Testing Equipment
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Enhancing Safety and Efficiency in Hazardous Environments- The Cygnus 1 Ex Ultrasonic Testing Equipment

ByDaniel Terungwa

Enhancing Safety and Efficiency in Hazardous Environments- The Cygnus 1 Ex Ultrasonic Testing Equipment Working in potentially explosive atmospheres demands strict adherence to complex rules, regulations, and procedures, particularly during inspections involving ‘Hot Tools’ that pose an ignition risk. The Cygnus 1 Ex stands out in the realm of ultrasonic testing (UT) equipment, presenting distinctive…

Collaborative Efforts in the Maritime Industry for Advanced Ship Education and Training Programs Utilizing XR Technology

Collaborative Efforts in the Maritime Industry for Advanced Ship Education and Training Programs Utilizing XR Technology

ByDaniel Terungwa

Collaborative Efforts in the Maritime Industry for Advanced Ship Education and Training Programs Utilizing XR Technology Korea Register (KR), HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD Hyundai Heavy Industries (HD HHI), and HD Hyundai Marine Solution (HD HMS) have entered into a Memorandum of Understanding (MoU) to develop a ship education and training…

Streamlining Trade with Digital Solutions-ODeX's Impact on Africa's Maritime Sector

Revolutionizing Africa’s Maritime Industry through Digital Transformation of the Seas

ByDaniel Terungwa

Revolutionizing Africa’s Maritime Industry through Digital Transformation of the Seas  Streamlining Trade with Digital Solutions-ODeX’s Impact on Africa’s Maritime Sector Liji Nowal, the CEO of ODeX, is leading a transformation in Africa’s shipping industry by redefining the role of digital documentation in maritime trade. ODeX is at the forefront of this change, aiming to streamline…

Government Assures Non-Interference in Selection of New NEITI Board

Government Assures Non-Interference in Selection of New NEITI Board

ByDaniel Terungwa

Government Assures Non-Interference in Selection of New NEITI Board The federal government has assured the global Extractive Industries Transparency Initiative (EITI) that there will be no political interference in the selection of the next governing board for the Nigerian branch, the Nigeria Extractive Industries Transparency Initiative (NEITI). This governing board, also known as the National…