NCDMB boss, Wabote opens up on local content feats in Petroleum industry
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engineer Simbi Wabote, Thursday in Lagos made a presentation before members of the Guild of Corporate Online Publishers (GOCOP) on the activities of his board. According to him,…
IMF: Dangote Refinery, Supportive Credit Facility, Can spike Economic Recovery
The International Monetary Fund (IMP) has noted that the non-oil sector of the Nigerian economy could be stronger, benefitting from its recent growth momentum, higher production from the new Dangote Refinery, and supportive credit policies. In IMF’s Executive Board 2021…
SEPCOL gives details on fire incident at offshore facility
The Management of Shebah Exploration and Production Company Ltd. (SEPCOL) has confirmed that there was a fire incident at its offshore Floating Production Storage and Offloading (FSPO) facility on Wednesday. The FSPO, popularly called the Trinity Spirit was gutted by…
Dangote’s Petrochemicals, Fertiliser Plant to aid Africa’s economic growth, says AfDB
President of the African Development Bank (AfDB), Akinwumi Adesina has described Dangote Refinery and Fertiliser projects as the best industrialised project to happen to Africa. He said these projects, which are far beyond the expectation of his team and himself,…
Dangote Refinery to Reduce Africa’s Petroleum Importation by 36%, says APPO
African Petroleum Producers Organisation (APPO) has said that the establishment of Dangote Oil Refinery will bring about a 36 per cent reduction in the importation of petroleum productions into the continent. Besides, the organisation expressed a belief that the success…
Hydrogen Economy Hints at New Global Power Dynamics
IRENA says green hydrogen could disrupt global trade and bilateral energy relations, reshaping the positioning of states with new hydrogen exporters and users emerging. Abu Dhabi, UAE, 15 January 2022 – Rapid growth of the global hydrogen economy can bring…
Chevron Nigeria local content drive: A credit to Buhari, Pantami
I read with mixed feelings the piece on Chevron Nigeria and its rm belief and support for local content promotion, notably its many years of patronizing Zinox, an indigenous tech giant.Mixed feelings because, on one hand, I was delighted and …
Dangote Refinery set to grow Downstream Sector in 2022, CPPE, Others Affirm
The Centre for the Promotion of Private Enterprise (CPPE), an economic advocacy group, has identified Dangote Petroleum Refinery as one of the key expected drivers of growth that would impact positively on the downstream sector of the Nigerian economy in…
(Special Report) Chevron Nigeria: A model for other multinationals
Since I departed Nigeria over 17 years ago for further studies and subsequently settled in the United States of America, one irony that has never ceased to amaze me is the failure of the government in Nigeria to match its…
Enugu Community hails Chevron Staff on donation to indigent widows
The people of Enugu Akwu Achi in Oji River Local Government area of Enugu State have commended the kind gesture by one of their illustrious sons, Mr. Victor Anyaegbudike, a staff of Chevron Nigeria Limited, who on Thursday, January 6,…
