A Primer on the History of Formula One Racing

For over a decade, Chiedu Ebie has led Millenium Oil & Gas Company Limited (MOGCL) as the Nigerian-based oil and gas firm’s managing director and chief executive officer. In his free time, Chiedu Ebie enjoys exercising, traveling, and following various sports, including Formula One (F1) racing.

Although it has roots in France’s road races of the late 19th century, the modern era of F1 racing did not begin until the early 1950s, when the sport’s first world championship race was held at the Silverstone Circuit in England. In the early days of the sport, F1 was dominated by privateer drivers, especially Juan Manuel Fangio, who won the Drivers’ Championship five times during the 1950s.

However, as F1 cars begin to advance technologically and the cost of race entries started to skyrocket, the days of privateer drivers soon became a thing of the past. This had no effect on the popularity of F1, though. The sport continued to grow over the next few decades and eventually became a billion-dollar global business.

Today, F1 remains popular around the world, despite some recent rules changes, scandals, and negative publicity. The sport has even expanded recently into other markets, including the Middle East.                            

Second West Africa Oil and Gas Security Summit Set for June 2015

Chiedu Ebie is the former leader of Nigeria-based Millennium Oil & Gas Limited.  In June 2015, companies like Chiedu Ebie’s will gather from around the world for the second West Africa Oil and Gas Security Summit.

Incidents of oil theft and illegal siphoning have led to precarious situations in West Africa, despite efforts to increase security and address community and employee relation problems. In addition, Nigeria’s oil theft levels are at their highest in five years. The Oil and Gas Security Summit was created in order to combat oil theft and increase marine security against a resurgence of pirate attacks. It serves the energy infrastructure community by providing a setting for the discussion of strategies, technologies, and responses for companies to deploy against security threats.

Its itinerary consists of various presentations and panels designed for security providers, analysts, and other personnel from national and international oil companies. Over the course of the two-day summit, attendees will engage in discussion and collaboration involving secure business travel, company responses to threats and concerns, community engagement initiatives, and technical innovations. Speakers will also present case studies and lead panel discussions.

The West Africa Oil and Gas Security Summit will take place June 10-11, 2015, in Lagos, Nigeria. Attendees can register via the summit’s website, www.waoilgassecurity.com, or by faxing in a completed registration form.