Several people were injured in a blast that hit on Monday an oil refinery in the City of Saint John located in the eastern Canadian province of New Brunswick, plant’s owner Irving Oil said. “As an update on our Saint John refinery incident this morning, we now understand that all employees and contractors working on…
By Oke Peter The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engineer Simbi Wabote has commissioned a new security vessel, MV Tamuno-Dein II, acquired by BGAM Services Limited, the first oil and gas company to access the Nigerian Content Intervention Fund (NCI Fund). The ceremony was performed on Friday at the Naval Shipyard,…
Italy’s Eni and Britain’s BP on Monday signed a deal with Libya’s National Oil Corporation aimed at renewing oil exploration in the war-ravaged country, the companies said. The three businesses signed a letter of intent in London which will see Eni acquire 42.5 per cent of BP’s Exploration and Production Sharing contracts in Libya in…
Leakage from an oilfield operated by Shell Petroleum Development Company (SPDC) at Aghoro community in Bayelsa has discharged some 1,114 barrels of crude oil into the environment. The leakage has adversely affected the fishing vocation of residents who had withdrawn from fishing to pave way for clean up. The resulting oil spill impacted and polluted…
Amin H. Nasser, President and Chief Executive Officer of Saudi Aramco and Patrick Pouyanné, Chairman and Chief Executive Officer of Total, signed today in Dhahran the joint development agreement for the front-end engineering and design (FEED) of a giant petrochemical complex in Jubail, on Saudi Arabia’s eastern coast. Announced in April 2018, the world-class complex…
The unrivaled, life-changing power of solar energy: battling climate change and accelerating socio-economic development Bouake, the second largest city of Cote d’Ivoire, suffered its first-ever shutdown of domestic water supply. The country’s dammed lake, which supplies 70 percent of the city’s water supply, completely ran dry. According to many experts, this was yet-again another consequence…
The Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export sales of $416.07 million in June, 2018 which is 35.78 per cent higher than the previous month. Details of the figures contained in the June 2018 edition of the Monthly NNPC Financial and Operations Reports, released today also indicated that…
Stakeholders in the mining sector at the end of their three-day Council meeting in Kaduna, North Central, developed new strategies that would successfully transform the sector and help realise Nigeria’s ambition in driving domestic industrialization. This was one of the take-aways at the end of the 3-day meeting of the National Council on Mining and…
The Kenya Electricity Generating Company (KenGen) has signed a joint declaration with the United Nations Industrial Development Organization (UNIDO) and the Japan International Cooperation Agency (JICA), to improve the efficiency in geothermal power generation. The power utility targets to achieve improved security and efficiency in geothermal power generation with the Internet of Things (IoT) technologies….
Ms Olayinka Mubarak is the Group Head, Solid Minerals and Metals, Bank of Industry (BoI). The bank will be returning as a Platinum Sponsor at the 2018 Nigeria Mining Week in Abuja. In this interview, she explains sundry issues around BoI’s support for the Nigeria mining sector. Excerpts Can you explain the history of the…
