In a significant move towards sustainable energy solutions, the Federal Government has announced its intentions to establish a Compressed Natural Gas (CNG) park at the Ajaokuta Steel Company in Kogi State. The revelation came from Prince Shuaibu Audu, the Minister of Steel Development, in a statement issued by his media aide, Lizzy Okoji, on Monday […]Read More
The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have agreed to suspend the industrial action planned for today, October 3, for 30 days. At the end of a five-hour closed door meeting, the Union leaders said that all the agreement have been given a timeline for implementation. The agreement was signed by […]Read More
President Bola Ahmed Tinubu on Wednesday assured labour unions in the country that the Port Harcourt refinery will be back on stream by December, 2023. He made this known while meeting with the leadership of the organised labour centre at the State, Abuja, after a nationwide protests by the Nigeria Labour Congress and the Trade […]Read More
The Board and Management of Seplat Energy Plc has appointed Chioma Y. Afe as the Director, External Affairs and Sustainability effective June 15, 2023, the company said in a release. Afe is an accomplished strategic Senior Communications Executive and Business Leader with over 25 years’ experience in developing and implementing high-impact communication strategies that drive […]Read More
The Nigerian Labour Congress and the Trade Union Congress have agreed to suspend the planned nationwide strike scheduled to begin on Wednesday. The strike was suspended after hours of talks between the government and labour unions. The government, led by Speaker of the House of Representatives Femi Gbajabiamila, agreed to review the unions’ demands. The […]Read More
The federal government’s efforts to make the country self-sufficient in crude oil refining to save scarce foreign cash utilised in petroleum product importation have received a boost as the 650,000 barrels per day capacity has been reached. President Muhammadu Buhari will inaugurate the Dangote Refinery, the world’s largest single-train refinery, on May 22. A source […]Read More
Nigeria’s state oil company, NNPC Ltd, announced late Wednesday that it had signed a memorandum of understanding with Golar LNG of Norway to build a floating liquefied natural gas plant in the country. Nigeria, Africa’s largest oil producer, has some of the world’s largest gas reserves and is looking for investment to boost domestic supplies […]Read More
Seplat Energy has launched its initiative to donate well-equipped STEAM Laboratories to schools to promote a learning environment where students can participate actively in hands-on, practical STEAM learning. The goal is to unleash students’ potential and assist them in developing their science, engineering, mathematics, and art skills by using technology to create, collaborate and complete […]Read More
ExxonMobil Corp units in Nigeria have declared force majeure over oil shipments from several terminals in the country after industrial action, a spokesman for one of the companies told Bloomberg. Three units of the US major have declared a milestone allowing them to waive contractual obligations due to events beyond their control, a spokesman for […]Read More
In response to the offer made public in January 2023, the parties have now formally agreed to the purchase of all outstanding common units of GasLog Partners that are not beneficially owned by GasLog. GasLog Partners will make a special cash distribution of $3.28 per common unit to the GasLog Partner’s unitholders in connection with […]Read More
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