May 17, 2024Extractive IndustryImpactLocal ContentMining & Solid MineralNews

Proximity to natural resources drives FG’s decision to establish auto industrial park in Osogbo – NADDC Reveals

Oredola Adeola   The National Automotive Design and Development Council (NADDC) has disclosed that the Federal Government’s decision to establish an Auto Industrial Park in Osogbo, Osun State, is driven by the proximity of the state to sources of natural…

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May 17, 2024Extractive IndustryMining & Solid MineralNewsUpstream

FG asserts control over solid minerals, urges States to seek approval on mining policies

…Alake seeks states involvement in Mineral Resources and Environmental Management Committee   Oredola Adeola   The Federal Government has cautioned the state governments that solid minerals are under the exclusive legislative list, advising them to obtain approval from the Ministry…

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May 16, 2024DocumentaryFinanceImpactLocal ContentMidstreamNewsSustainability

WIEN seeks NCDMB support for training, funding of 60 women in energy transition journey 

  Oredola Adeola   The Women in Energy Network (WIEN) has approached the Nigerian Content Development and Monitoring Board (NCDMB) to seek support for training and funding for 60 women who are now registered with the specific aim of helping…

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May 16, 2024FinanceNewsOil & GasUpstream

PETAN foresees success of 2024 oil bid round with PIA simplifying investment process

  … Engr. Ogunsanya touts reasonable signature bonus as irresistible lure for investors …  Dr. Amao sets to lead NUPRC upcoming roadshow in London   Oredola Adeola   The Petroleum Technology Association of Nigeria (PETAN) has emphasized that the Petroleum Industry Act…

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May 16, 2024EnvironmentImpactNewsOil & GasUpstream

Ogoni leaders urge President Tinubu to reopen OML 11, cite potential $5bn annual GDP boost from increased oil, gas production

… Tinubu vows to diligently pursue Ogoni cleanup program inherited … says, “We must heal the wounds of the past, live and prepare for our children’s future”   Oredola Adeola Ogoni traditional rulers and leaders have urged President Bola Tinubu…

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May 15, 2024DownstreamEnergy TransitionImpactNewsOil & GasSustainabilityTechnology

P-CNGi embarks on nationwide engagements with stakeholders, ahead of May 29 launch of deployment plan

Oredola Adeola   The Presidential CNG Initiative (PCNGI), has announced a series of extensive pre-launch itineraries including regional stakeholders’ engagement, leading up to the nationwide deployment plan launch of the CNG-program billed for May 29, 2024.   Engr. Michael Oluwagbemi,…

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May 15, 2024News

President Tinubu inaugurates AHL, ANOH gas process plants, OB3 pipeline

… anticipates supply of 500MMscf of gas, in aggregate, to domestic market …lauds NNPC Ltd, SEEPCO, Seplat Energy Plc over inauguration of gas projects       Oredola Adeola   The President has officially inaugurated the AHL Gas Processing Plant;…

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May 15, 2024DownstreamGasNewsOil & GasSustainability

Energy experts question feasibility of President Tinubu CNG-vehicle directive to MDAs

… Challenge Tinubu to convert Presidential fleet to CNG vehicles “CNG- infrastructure limitations would hinder compliance ” – Prof. Iledare “P-CNGi should champion PPP arrangements between MDAs & gas conversion providers” – Engr. Iheme   Oredola Adeola   Experts in…

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May 15, 2024DownstreamNewsOil & Gas

Wase-led Reps. House Ad-Hoc Committee to address IPMAN, NNPCL dispute on petrol sharing formula abuses

Oredola Adeola Rt. Hon. Abbas Tajudeen, Speaker of the House of Representatives, has confirmed the appointment of Rt. Hon Ahmed Wase (APC, Plateau) as Chairman of the House Ad-Hoc Committee to engage with the Independent Petroleum Marketers Association of Nigeria…

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May 14, 2024DistributionNewsPowerSabotage

Three vandals bag 6 years imprisonment for damaging IBEDC electrical installations

  Oredola Adeola   The Federal High Court, Abeokuta Division, has sentenced three(3) vandals to six years behind bars,  for unlawfully tampering, disconnecting, and damaging Electrical installations owned by the Ibadan Electricity Distribution Company(IBEDC).  Busolami Tunwase, IBEDC’s Lead Media Relations,…

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