OPEC Daily Basket Price Stood at $94.09 a Barrel Tuesday The price of OPEC basket of 13 crudes stood at $94.09 a barrel on Tuesday, September 12, 2023, compared with $93.12 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes, ORB, is made up of the following: Saharan Blend (Algeria),…
REAN appoints Bilky Gambo as New Executive Secretary The Renewable Energy Association of Nigeria (REAN) has announced the appointment of Bilky Gambo as the new Executive Secretary of the association. In a statement made available to Majorwaves, REAN said Gambo is an accomplished Administrator and Communications professional with over 10 years of diverse experience, bringing…
Sahara Group Strengthens Community Policing Since 2019, Sahara Group Foundation, the corporate social sustainability vehicle for Sahara Group has been promoting sustainable policing through police station renovations by building of infrastructure with equipment and even solar systems upgrade. The project is spread across the country as they go about renovating different police stations. So far,…
Gastech to Return to Houston in 2024 Gastech, the world’s largest global exhibition and conference for the natural gas, LNG, hydrogen, low carbon solutions, and climate technologies will take place in Houston in 2024, organisers dmg events announced today. For the first time since 2019, Gastech will return to Houston from 17 – 20 September…
Russia Ships First Oil to Brazil After suffering Western oil embargos and price caps on its oil and oil products, Russia has shipped its first crude oil cargo to Brazil in its quest to find more outlets for its fossil fuels. The Aframax tanker Stratos Aurora is now less than 500 miles off the shore…
NERC Increases Prices of Pre-paid Meters The Nigerian Electricity Regulatory Commission (NERC) has granted approval for an upward adjustment in the prices of prepaid electricity meters. According to a recent circular signed by the Chairman, Sanusi Garba, and the Commissioner of Legal, Licensing, and Compliance, Dafe Akpeneye, the commission has announced revised prices for prepaid…
African Sustainable Mining Piques Interest of Global Players …Rapid advancements in technology have resulted in the development of sustainable innovations in mining practices, changing how the sector operates In the wake of the global energy transition, mining companies have come under pressure to adopt sustainable business practices and employ low-carbon technologies in order to mitigate…
Eni to Sell Nigerian Subsidiary to Oando Italian energy giant Eni has inked a deal to offload its Nigerian exploration and production subsidiary to local energy firm Oando. The financial specifics of the transaction remain undisclosed. The subsidiary in question, Nigerian Agip Oil Company (NAOC), is a key player in the Nigerian energy landscape, focusing…
NCDMB ICPC Hold Workshop on Anti-Corruption Requirements in Contracting and Public Procurement The Nigerian Content Development and Monitoring Board (NCDMB) in conjunction with the Anti-Corruption Academy of Nigeria (ACAN), an organ of the Independent Corrupt Practices Commission (ICPC) recently organised a 2-day sensitization workshop for the Board’s staff in Abuja. Delivering the keynote address at…
Twelve Illegal Oil Refining Sites Uncovered by Army, NSCDC in Delta The Nigerian Army and collaboration with the Nigerian Security and Civil Defence Corps (NSCDC), uncovered at least 12 illegal oil refining sites in Owahwa Creek, Ughelli South Local Government Area of Delta state. This was revealed on Monday in a statement by the Director,…
