At the Nigerian British Chamber of Commerce organised workshop on Local Content, which held in June at the Four points by Sheraton hotel, Lagos, the Managing Director of SNEPCo, Mr Bayo Ojulari advised industry professionals to take bold steps and jointly tackle the elephant in the room by shunning corruption. He alluded to a recent…
In this interview given to Majorwaves Energy Report magazine recently in Lagos, the scholarly Managing Director of Aiteo and 1st Vice President of Nigeria Gas Association (NGA), Mr. Victor Okoronkwo highlights the prospects of gas development in Nigeria, its challenges and opportunities. Excerpts: What kind of challenge does the seeking to attract investment to Nigeria…
The Sub Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) returns to Lagos 25-27 February 2020 “Now established as the leading oil and gas meeting for the whole region and due to collective agreement of all involved across Sub Saharan Africa, WAIPEC will become the Sub Saharan Africa International Petroleum Exhibition and Conference (SAIPEC), taking…
Seplat Petroleum Development Company Plc has announced the resignation of one of its Non-Executive Directors as well as the appointment of a new Company Secretary. The oil and gas company, which is dual-listed on the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), made the announcement (yesterday) in a notice issued to the NSE. The…
The African Development Bank approved in June 2019 the allocation of UA 3 million from its 2018 Net Income to NEPAD-IPPF ADDIS ABABA, Ethiopia, July 5, 2019/ — The 29th Oversight Committee (OC) meeting of the New Partnership for Africa’s Development Infrastructure Project Preparation Facility (NEPAD-IPPF) Special Fund held at the headquarters of the African…
The partnership will start by addressing educational and infrastructure needs of communities in the White Nile state JOHANNESBURG, South Africa, July 8, 2019/ — Siemens (www.Siemens.com) and Plan International Germany have signed a Memorandum of Understanding (MOU) to collaborate on future humanitarian projects to assist marginalized populations across Africa, with initial emphasis on Sudan, specifically displaced…
Sahara Power Group’s Managing Director Kola Adesina has said the African Continental Free Trade Agreement (AfCFTA) has the potential to transform the continent’s power sector through alignment of policies, tariffs, cross border manpower collaboration and fresh injection of capital. AfCFTA received a significant boost recently after Nigeria’s President Muhammad Buhari signed the continent’s largest economy…
Oando Plc Group Chief Executive Wale Tinubu has urged indigenous oil and gas companies to invest in the business now that the prices of oil are low. He advised the Federal Government to embrace Public-Private Partnership (PPP) in local refining. According to him, “there is a lot indigenous capacity that can provide solution to refineries….
The Organisation of the Petroleum Exporting Countries (OPEC) has stressed the need for a quick resolution of the conflicts between the U.S., Venezuela and Iran. Following geopolitical conflicts, the U.S. has placed sanctions on Iran and Venezuela, who are both founding members of OPEC. Secretary General of OPEC, Mr Mohammad Barkindo, told newsmen in Vienna…
Zimbabwe’s state-owned power utility, ZESA Holdings needs $14 million monthly for electricity imports from the regional power market, its acting Chief Executive Patrick Chivaura said on Monday. “If we clear our debts to (South African power firm), Eskom, and (Mozambique’s hydropower company),HCB, it would wipe out our (power cut) problems today, I repeat, today,” Chivaura…
