Crude Oil production increases to 1.6mbpd, as fuel consumption drops by 30%, says NNPCL Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has announced that oil production in Nigeria surged to 1.6 million barrels per day from the previous figure of less than one million bpd a few…
MICCOM CABLES- first indigenous cable manufacturing company in Nigeria Special Interview granted by Bukola Adubi, CEO MICCOM Cables and Wires- Local Content Television
TWF Annual Assembly 2024 TWF 2nd Annual Conference and Exhibition on Materials Manufacturing Technologies-Managing Capacity Africa, will hold from 5-8 Mar, 2024 in Lagos, Nigeria (www.twfassembly2024.org) TWF Annual Assembly and Conferences is Africa’s table of solution to growing productivity in manufacturing that brings together scientists, engineers, industrialists and policy makers to interact, review and discuss…
MOMAN Announces Change of Leadership as Huub Stokman takes over as Chairman The Major Oil Marketers Association of Nigeria (MOMAN) today officially announced the conclusion of Olumide Adeosun’s tenure as the Chairman. Olumide Adeosun, the esteemed CEO of Ardova Plc and the outgoing Chairman of MOMAN, completed his term on August 31, 2023. Assuming the…
Petrol Scarcity Looms as Landing Cost Hits N800/Litre Another round of petrol scarcity and price hike in the country is around the corner, as the landing cost of premium motor spirit has risen to N800 per litre, due to the geometrical rise in foreign exchange rates and scarcity of dollars. However, President Bola Tinubu had…
India Set to Install Record-High Rooftop Solar Capacity in 2024 Fiscal Year India is on track to install a record-high capacity of solar rooftops in the 2024 fiscal year as solar module prices are falling and enterprises are looking to source greener energy, a new report showed on Friday. Rooftop solar is booming in India…
1 Billion People Could Die If Global Warming Reaches 2 °C this Century, Scientists Warn About 1 billion people are on track to die if global warming reaches 2 °C this century, scientists have warned. This is according to a study published on Energies titled, “Quantifying Global Greenhouse Gas Emissions in Human Deaths to Guide…
Sahara Group Foundation Go-Recycling offers cash for waste Go-Recycling, a recycling exchange hub initiative by Sahara Group Foundation, Lagos State Employment Trust Fund (LSETF)` and Wecyclers is offering cash incentives to residents of Lagos state in exchange for recyclable waste materials. The project which is aimed at promoting sustainable environmental practices across Lagos state, has…
Power Ministry Backs Nigeria Energy Exhibition & Conference The Federal Ministry of Power has pledged its support for the 2023 edition of Informa Market’s Nigeria Energy Exhibition and Conference, recognizing it as a platform for critical stakeholders to explore issues in the Energy industry. As West Africa’s most established gathering of energy professionals featuring world-renowned…
Reps propose privatisation of petroleum refineries The House of Representatives is considering the privatisation of the four national petroleum refineries as one of the strategies to enhance the performance of the oil and gas sector. Chairman, House Committee on Petroleum Upstream, Hon. Ikenga Ugochinyere dropped the hint yesterday during the committee’s visit to the Nigeria…
