Total Nigeria reports 48.9% y/y decline in standalone EPS to NGN5.99 in Q3-23
TOTAL published its Q3-23 unaudited financials on 26 October), reporting a 48.9% y/y decline in standalone EPS to NGN5.99 in Q3-23 (Q3-22: NGN11.71) – the lowest since Q4-20 (NGN5.14) – affected mainly by an uptick in net finance cost (+23.6%…
African Oil Producers Meet in Abuja, Chart Future for Industry
Amidst the threat of energy transition and dwindling funding of the hydrocarbon industry, 18 member countries of the African Petroleum Producers Organization (APPO) are attending the third edition of the Africa Local Content Roundtable to chart a pathway for the…
Egbin Power CSR commended
For demonstrating its commitment toward driving socio-economic development in its host communities, Egbin Power Plc has been commended by the Ijede Development Foundation (IDF) for its robust support towards advancing education in the community. The Group applauded Egbin Power at…
NCDMB Warns Against Tampering the Petroleum Industry Act
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has advised that making unending changes to the structures set up by Petroleum Industry Act 2021 could kill the confidence of investors and stall…
NCDMB’s Maintains Lead, Retains Top Position in Efficiency, Transparency
The Nigerian Content Development and Monitoring Board (NCDMB) has continued its streak of excellence in the delivery of its mandate as it has retained its position as the best Federal Agency in transparency and efficiency in business. In the 2023…
GOCOP Congratulates Soneye, NNPCL’s New Spokesman, Others
The Guild of Corporate Online Publishers (GOCOP) has congratulated Mr. Olufemi Oladapo Soneye over his appointment as Chief Corporate Communications Officer (CCCO) of the Nigerian National Petroleum Company Limited (NNPCL). The association also congratulates its pioneer president, Dr. Malachy Agbo,…
AVEVA Achieves AWS Energy Competency Status
AVEVA, a global leader in industrial software, driving digital transformation and sustainability, announced that it has achieved Amazon Web Services (AWS) Energy Competency status. The distinction recognizes AVEVA’s expertise in helping customers leverage AWS’ cloud technology to transform complex industrial…
(Special Report) A Day to Remember at NCDMB
It was Tuesday, October 10, and the Honourable Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, was at the corporate headquarters of the Nigerian Content Development and Monitoring Board (NCDMB), Swali, Yenagoa, for a one-day visit and tour…
Chevron Hierarchy meets Tinubu in New York, assures partnership
On the sidelines of the United Nations General Assembly meeting in New York, a Chevron team led by Clay Neff, President, Chevron International Exploration and Production and Rick Kennedy, Chairman/Managing Director, Chevron Nigeria Mid-Africa Business Unit, met with President Bola…
Affordable, Reliable Energy Key To Creating Jobs in Africa—Seplat CEO
Easy to buy and reliable energy provides the right platform for businesses in Africa to create and retain jobs for its fast-growing population and further make the Continent sustainable. Access to energy and energy security remains critical for the Continent,…
