NCDMB Leads other MDAs in top performing MDAs – Presidential adviser
The Nigerian Content Development and Monitoring Board (NCDMB), has beaten all the ministries, departments and agencies, MDAs, of the federal government to clinch the first position in the newly released 2021/2022 Executive Order 001 (EO1) Compliance report. The report was…
Fears as Nigeria’s Oil Output drops
According to the Organization of Petroleum Exporting Countries (OPEC), Nigeria’s crude oil production decreased in July to an average of 1.08 million barrels per day (mbpd) from 1.16 mbpd in the previous month, suggesting a decrease of 6.42 percent. Nigeria…
Russia: TotalEnergies Keeps principles of conduct, sells its 49% interest
Paris, August 26, 2022 – On March 22, 2022, TotalEnergies publicly shared its principles of conduct for its Russian related business. TotalEnergies reiterated its firmest condemnation of Russia’s military aggression against Ukraine and stated that it would ensure strict compliance…
NCDMB, NLNG Drive partnership on projects, LPG penetration
… $5bn Train 7 to create 50,000 jobs The Nigerian Content Development and Monitoring Board (NCDMB) and the Nigeria Liquified Natural Gas Limited will set up a tactical team comprising nominees from both organizations to drive closer collaboration on projects,…
NCDMB Donates Vocational Centre to UI, Harps on Technical Education
The Nigerian Content Development and Monitoring Board (NCDMB) on Friday handed over the University of Ibadan Vocational School which it constructed in line with its capacity-building mandate and the Nigerian Content 10-year strategic roadmap. Handing over the facility to the…
As NNPC reports Oil Theft, Saudi Aramco’s Net Income Up By 90%
At a time the Nigeria’s oil industry giant, the NNPC Limited is reporting jumping oil theft and incapacitation, facts and figures from www.TradingPlatforms.com, reveal that Saudi Arabia’s state-owned energy corporation, Saudi Aramco, has made huge earnings during the energy crisis…
NNPC renews PSCs, licences of five OMLs
The Nigerian National Petroleum Company (NNPC) Limited has renewed oil production sharing contracts (PSCs) with its partners, after nearly three-decade. NNPC said it also resolved lingering disputes with its production sharing contracts (PSCs) contractors. PSCs are contracts between E&P and…
NCDMB, Siemens drive STEM in Schools
The Nigerian Content Development and Monitoring Board (NCDMB) in partnership with Siemens Energy has commenced the training of 60 primary school teachers in Bayelsa state on the innovative teaching of Sciences, Technology, Engineering and Mathematics (STEM). The programme comes under…
We recognize business success tied to society’s progress—CNL Boss, Kennedy
Chevron Nigeria Limited (CNL) has operated in the oil and natural gas fields of Nigeria and has been contributing to the growth and prosperity of the country for over 60 years. With its abundant supply of natural resources, Nigeria is…
Buhari Overrides NNPC, seals ExxonMobil Deal With Seplat Energy
President Muhammadu Buhari has approved the acquisition of ExxonMobil Corporation assets by Seplat Energy Plc despite moves by the state-owned oil company to block the deal. In February, Seplat had entered into an agreement to acquire the entire share capital…
