Browsing: Oil and Gas

tanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has further shown its commitment to breaking down barriers and creating opportunities for women in traditionally male-dominated sectors in Nigeria. The Bank did this as it sponsored the Lagos Chapter of Women in Energy, Oil, and Gas (WEOG) Investiture ceremony held recently.

Established in 2017, Enyo Retail and Supply Limited is a customer-focused and technology- driven fuel retailing company with a focus to integrate good service experience and renewable energy products in Africa. Currently supplying up to 2 per cent of the national demand for refined products in Nigeria, Enyo continues to impact growth in local communities while driving economic development. The company has grown to be one of the leading players in the downstream oil sector, pioneering technology revolution in the downstream sector for additional value to support households and businesses. In the past four years, Enyo Retail and Supply has brought an innovative and conducive approach to consumer relations with various initiatives, positioning the company as an enabler of effective lifestyle for consumers.

Aitken noted that Nigeria has hundreds of mostly undeveloped onshore discoveries due to a number of inhibiting factors ranging from funding constraints of the national oil company, the Nigerian National Petroleum Corporation; the International Oil Company portfolio ranking priorities as well as security, environmental and community legacy issues