Business Hilights

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Energy

National Gas Transportation Network Code goes live today

All is set for the activation of that National Gas Transportation Network Code in Abuja today. Explaining via a video conferencing in Abuja, the Technical Adviser on Gas Business to the Minister, Mr Justice Derefaka, who doubles as the Program…

AKSG, others applaud Agbami parties on donation of Science Laboratory

The Akwa-Ibom State government has applauded Star Deepwater Petroleum Limited (a Chevron company and operator of the Agbami unit) and its parties in the Agbami field, Famfa Oil Limited, Nigerian National Petroleum Corporation (NNPC), Equinor Nigeria Energy Company Limited, and…

NLNG fights Reps back, denies alleged $1.05bn illegal withdrawal

The management of NLNG Limited and the Managing Director/Chief Executive Officer, Tony Attah, has reacted to the ongoing probe of alleged withdrawal of $1.05bn by the Nigerian National Petroleum Corporation (NNPC). In a statement weekend, NLNG averred that its attention…

NERC plans strange variations in power supply, tariff regime on new hike

If the revelations of the chairman of Nigeria Electricity Regulatory Commission (NERC), Prof James Momoh on Monday, is anything to takeaway, it means that the Nigeria poor should get ready to receive and pay for poor quality of electricity which…

Two Nigerians make US-Africa Energy Advisory Committee on investment

Two leading power industry captains, Mr. Kola Karim, CEO, Shoreline Energy International and Akinwole Omoboriowo II, Chairman and CEO, Genesis Energy Group, have been named amongst seven other continental and US arrow-heads that will steer the US-Africa Energy Advisory Committee…

Contractor hands over NCDMB skyscraper to Board in Yenagoa

It was pump and dreams come true after years of stoppages and continuation when the Managing Director of Megastar Technical and Construction Company, Arch. Harcourt Adukeh handed over the keys of the new 17 storey high rise head office of…

How billionaire oil magnate, Prince Arthur Eze was made in the north

Leading continental upstream oil industry investor and chairman of Oranto-Atlas Oil Group with investments spanning South Sudan, Gabon, Angola, Niger Rep., Zambia and here in Nigeria, Prince Author Eze, has given exclusive insight on how he was made a billionaire…

As Reps probe alleged withdrawal of $1.5bn, Daukoru named NLNG Chairman

Even as the House of Representatives deepens its investigation on why the Nigerian National Petroleum Corporation (NNPC), without recourse to constituted authority made a silent withdrawal from the Nigerian Liquefied Natural Gas Limited (NLNG) dividends account, President Muhammadu Buhari has…

Introduce clause forbidding EFCC from detaining oil vessels in PIB, NASS advised

As all is set for the Ministry of Petroleum Resources to hand in the revised Petroleum Industry Bill (PIB) to the National Assembly in two weeks for passage into law, experts in oil and gas industry has called on lawmakers…

Chevron steps up corporate commitment to STEM education

As part of the efforts to promote quality science education in Nigeria and other parts of Africa, Chevron co-sponsored the inaugural edition of the Summer Engineering Academy (SEA) virtual conference, organized by the Africa Leadership Academy (ALA). This initiative is…