SPE Nigeria furthers the drive to boost oil, gas output to meet global energy demands …unveils conference theme for 2025 The Society of Petroleum Engineers (SPE) Nigeria Council has reaffirmed its commitment to advancing the oil and gas sector, underscoring its crucial role in meeting the global energy needs in a safe, secure, and sustainable…
Smart Video Surveillance: A Key to Safety at Major Sporting Events, Says Western Digital Expert Ghassan Azzi As the world gears up for another season of major sporting events, concerns about safety and crowd management are once again at the forefront. According to Ghassan Azzi, Sales Director for Africa at Western Digital, smart video surveillance…
Diesel Price Drops yy 5.71% in July to N1, 379/Litre The average retail price of diesel has decreased by 5.71% on a month-on-month basis from N1,462.98 in June 2024 to N1,379.48 in July 2024, according to data from the National Bureau of Statistics, NBS. on a year-on-year basis, the average retail price of diesel increased…
NNPC Ltd Does Not Owe $6.8bn The attention of the Nigerian National Petroleum Company Limited (NNPC Ltd.) has been drawn to a media report that the company is indebted to international oil traders to the tune of $6.8bn and that it has not remitted revenues to the Federation Account since January, among other allegations. Consequently,…
Ministers Lokpobiri, Uzoka-Anite, Dangote Endorse Inaugural Nigerian Crude Oil Refining Summit The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, the Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite, and Alhaji Aliko Dangote, President/Chairman of the Dangote Refinery, have formally endorsed the inaugural Nigerian Crude Oil Refining Summit set to take place…
SPDC’s support nurturing next-generation energy experts A leading academic has identified the targeted investments in education by the Shell Petroleum Development Company (SPDC) Joint Venture as a catalyst for addressing Nigeria’s energy challenges. Professor Anene Moneke, Director of the NNPC/SPDC/TotalEnergies/NAOC Joint Venture Centre of Excellence in Environmental Management and Green Energy (CEMAGE) and holder of…
NMDPRA VS DANGOTE: DR. WISDOM ENANG HIGHLIGHTS INHERENT LESSONS, PROFFERS THE WAY FORWARD In view of the ongoing feud between the NMDPRA (Nigerian Midstream and Downstream Petroleum Regulatory Authority) and the Dangote Refinery, an Adjunct Professor of the North Dakota University, USA, Engr. (Dr.) Wisdom Patrick Enang, says a resolution that prioritizes the nation’s interests over…
NMDPRA Cracks Down on Fuel Marketers Selling to Illegal Peddlers: A New Era of Strict Compliance The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has issued a strong and unambiguous warning to fuel marketers and filling stations across the nation, with particular emphasis on those operating within the Federal Capital Territory (FCT). The directive,…
NNPC Warns Public Against Fraudulent Employment Slot Sales The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has issued a stern warning to the public, particularly job seekers, to disregard any rumors or advertisements claiming that employment slots within the company are available for purchase. In a detailed statement, NNPC Ltd. firmly debunked these allegations, labeling…
NCDMB and NLNG Commission Galvanizing Plant for Train 7 Project, Reaffirm Commitment to Nigerian Content In a significant boost to Nigeria’s industrial capacity, the Nigerian Content Development and Monitoring Board (NCDMB) and Nigeria LNG Limited (NLNG) have commissioned a new galvanizing plant with a capacity of 10,000 tons per annum. This facility, constructed by Daewoo…
