Business Hilights

Tracking Nigeria's Headline Business News Online

Energy

Chevron unveils Opportunities, new approaches to hydrocarbons at NIPS 2021

Chairman/Managing Director, Chevron Nigeria Limited (CNL), Rick Kennedy, has opened up on opportunities in lowering carbon emissions and harnessing Nigeria’s gas resources as key enablers in complementing the new approaches to future of hydrocarbons in the Nigerian oil and gas…

NDPHC, Eko Disco, fix electricity supply shortfall in Lekki, Agbara

In order to improve electricity supply around Ibeju-Lekki area in Lagos and Agbara Industrial area in Ogun State, the Niger Delta Power Holding Company (NDPHC) and Eko Electricity Distribution Company Plc (Eko Disco), have signed a bilateral agreement for the…

Energy

WED 2021: Chevron’s Drive to Ecosystem Restoration remains unbeatable

The world will tomorrow, June 5, mark the 2021 World Environment Day (WED) as introduced by the United Nations. “To cherish what remains of the Earth and to foster its renewal is our only legitimate hope of survival.”  These words…

UTM Offshore Signs Pre-FEED Contract for Nigeria’s Floating LNG Project

UTM Offshore Limited, a Nigerian marine services company, has signed this morning a pre-Front End Engineering Design (Pre-FEED) contract with JGC Corporation of Japan for the development of a floating liquefied natural gas (LNG) project offshore Nigeria. Another contract was…

Agbami Parties boost economic activities in Rivers State communities

Star Deepwater Petroleum Limited, a Chevron Company and the operator of the Agbami field, together with its parties in the Agbami field – Famfa Oil Limited, Nigerian National Petroleum Corporation (NNPC), Equinor Nigeria Energy Company Limited, and Prime 127 Nigeria…

Energy

World Malaria Day: How Chevron Nigeria Limited supports the fight against malaria

“Defeating malaria is absolutely critical to ending poverty, improving the health of millions, and enabling future generations to reach their full potential.” This statement by Tedros Adhanom, Director-General, World Health Organization (WHO), depicts the relevance of the fight against malaria,…

Okowa hails Chevron’s GMoU in community development

Delta State Governor, Senator Ifeanyi Okowa, has commended the NNPC/Chevron Nigeria Limited Joint Venture (CNL) for the successes achieved under the Global Memorandum of Understanding (GMoU) between CNL and the Ijaw communities neighbouring its operations in Delta State. The Governor,…

Nigerian Powerstove, 3 others make UNDP’s 2021 Growth Stage Impact Ventures

The United Nations Development Programme (UNDP), EPFL, Orange, and SAP have selected the 2021 Growth Stage Impact Ventures! Powerstove, the Nigerian finalist made it in the Energy category alongside Kingo, Iluméxico, and Easy Solar, they are the most innovative and…

DPR says Dangote plant 80% complete

The Department of Petroleum Resources (DPR) has disclosed that delivery of Dangote Refinery, Lekki, Lagos is currently at about 80 per cent ready for production. A recent presentation of the federal agency averred further that about 32 refinery project licences…

Assa North Gas Project major game-changer in Nigeria’s energy basket

The Assa North Gas Development Project as a major game-changer in Nigeria’s quest for energy sufficiency and economic growth. This was the position of the Shell Petroleum Development Company’s (SPDC), External Relations Manager, Projects and Opportunities, Dr Banji Adekoya. While…