The Governor of Lagos State, Mr Akinwunmi Ambode, has urged the citizenry to change their lifestyle in favour of nature conservation towards sustainable environment in the state. Ambode gave the advice on Saturday, October 20, 2018 during the 2018 Annual Walk for Nature organised by the state in conjunction with the Nigerian Conservation Foundation (NCF)…
The Minister of State for Environment, Alhaji Ibrahim Jibril, said on Monday, October 22, 2018 that the Federal Government would continue to free the country from ozone-depleting substances. Jibril told the News Agency of Nigeria (NAN) on the sideline of the commemoration of the 2018 International Day for the Preservation of the Ozone Layer in…
The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, has inaugurated the Nigerian Content Research and Development Council (NCRDC). The Council is expected to advise the Nigerian Content Development and Monitoring Board (NCDMB) on matters relating to research, development and innovation strategy for the oil and gas industry. Inaugurating the council, Kachikwu commended NCDMB…
The counsel to the Lagos Deep Offshore Logistics Base (LADOL) and Senior Advocate of Nigeria (SAN), Prof. Fidelis Odita, has stated that Samsung Heavy Industries (SHI) built the fabrication and integration yard at the LADOL free zone as a contractor to Total and other owners of Oil Mining Lease (OML) 130, and not as an…
Oil prices rose on Monday as markets were expected to tighten once U.S. sanctions against Iran’s crude exports are implemented next month. Front-month Brent crude oil futures were at $79.99 a barrel at 0558 GMT, up 21 cents, or 0.3 per cent, above their last close. U.S. West Texas Intermediate (WTI) crude futures were at…
Nigeria will miss out on a total planned capital expenditure (capex) of US$3.3 trillion across the oil and gas value chain from 2018 to 2025 unless it carries out over due reforms of the sector. The country is already missing out as total capex of US$545 billion is expected to be spent in 2018 but…
The anti-vandal unit of the Lagos state command of the NSCDC has so far arrested 59 suspected vandals in the last 9 months Of 2018. According to the state commander, Tajudeen Balogun, out of the number, 14 convictions have so far been secured this year and the sentences ranged from 6 months to 10 years…
The International Atomic Energy Agency (IAEA) said Nigeria’s economy will develop on completion of its nuclear energy power plant, which will provide at least 4,000 megawatts (Mw) in the country. The firm, based in United States, in a study said the Nuclear Energy Plant (NPP), which will be located in the eastern and other parts…
Managing Director/ CEO of Eroton E&P, Ebiaho Emafo, in an interview with BusinessDay, speaks about the dynamics of Nigeria’s gas sector and Eroton’s plans to grow its gas reserves. Eroton E&P won the bid for the 45% total interest in OML 18 previously held by Shell Petroleum Development Company, Total E&P Nigeria Limited and Nigerian Agip Oil…
Welcome, Majorwaves Readers. Here’s a sneak peek into last week’s energy events around what transpired in the three major sub-Saharan countries in Africa: Coming on the heels of the just-concluded Nigeria Gas Association’s conference, Abuja, where Nigeria’s gas players strategized on how to refocus the country on gas with the use of innovations, we are…
