The Executive Secretary, NCDMB, Felix Omatsola Ogbe, in a paper entitled “Resolving the Nigerian Energy Trilemma: Energy Security, Sustained Growth, and Affordability,” identified alarming scale of pipeline vandalism and theft of crude oil as the biggest threats to Nigeria’s energy...
Nigerian lawmakers violate country’s law, ignore PWD’s needs despite spending N42 billion on renovationsSPECIAL REPORT: How disinformation fueled ethnic tensions in KadunaRising Waters, Sinking Dreams: Devastating impact of floods on Maiduguri local businessesTinubu: A functional local government system will cement your legacy, By Wale AdedayoBlood on Uniforms
To achieve the above objectives, the Board has undertaken to work with stakeholders in the industry to dedicate one week in every calendar year to signing Final Investment Decisions on new projects, as prospective investors could be motivated to act expeditiously to meet agreed-upon deadlines and regulators are similarly encouraged.
On the Board’s strategy to create a safe and secure operating environment for oil and gas companies and thus eliminate the huge costs associated with vandalism and attacks on personnel and installations, the Executive Secretary disclosed that NCDMB has introduced a new policy known as “Back to the Creeks Initiative.”
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NCDMB, Butane Energy, boost LPG suppy as Kaduna Plant is commissionedEqually significant to the NCDMB was the consideration that the project was in alignment with Federal Government’s expressed commitment to net-zero emissions by 2026, and the campaign for cleaner alternative to kerosene and firewood as cooking fuel
Read more »
Dyque Energy recognised as “Most Innovative Energy Brand of the Year” at 2024 Brandcom AwardsDyque Energy, a royal clean energy solution provider in Nigeria, has been awarded the Most Innovative Energy Brand of the Year by the prestigious Brandcom 2024 Awards.
Read more »
Oando joins global energy contemporaries at African Energy Week 2024Oando Plc’s Wale Tinubu leads high-level delegation to African Energy Week (AEW) 2024 holding in Cape Town, South Africa
Read more »
Lokpobiri: Africa Energy Bank will provide capital needed to tackle energy challengesHeineken Lokpobiri, minister of state for petroleum resources (oil), says the Africa Energy Bank (AEB) will provide the necessary capital to tackle energy challenges in the continent.
Read more »
Increased crude oil production: NCDMB advocates annual FID WeekThe Executive Secretary, NCDMB, Felix Omatsola Ogbe made the proposal on Tuesday in his presentation at the 2024 African Energy Week (AEW), holding at Cape Town, South Africa.
Read more »
NCDMB to sponsor new R&D projects, as Triple Helix Nigeria unveils visionThe new R&D projects will add to the 14 applied research projects NCDMB currently sponsors at various stages of technological readiness, one shining example being the Amal Technology, which manufactures gas leak detection devices and printed circuit board at...
Read more »