The Senate has dismissed media reports attributed to it on plans to expose all “frauds associated with the contracts and management of the Turn Around Maintenance of the nation’s refineries”.
Mr. Olufemi Soneye, the Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited in a statement said, a...
Secretary General of the Organisation of the Petroleum Exporting Countries (OPEC), H.E Haitham Al Ghais will highlight African oil market investment opportunities and discuss Africa's role in global energy security at the African Energy Week (AEW) 2024.
The Africa's leading energy sector event, will place in Cape Town from November...
The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Dr. Philip Mshelbila, is optimistic that the recent Executive Order on Oil and Gas Reforms signed by President Bola Tinubu would unlock gas investments in the sector.
Dr. Mshelbila said, the policy directives will be crucial in unlocking...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has called on the Economic and Financial Crimes Commission (EFCC) to help in the ongoing fight against pipeline vandalism and crude oil theft in the country.
Mr. Mele Kyari, the Group Chief Executive Officer of the company, made the appeal during a...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has described as mischievous the report carried by a national daily of alleged unremitted funds into the Federation Account.
NUPRC said, the report which claims that a 2022 Audit Report from the office of the Auditor General of the Federation indicted the Nigerian...
The Independent Petroleum Producers Group (IPPG) has endorsed the recent Executive Orders signed by President Bola Tinubu aimed at revitalizing investment in Nigeria’s oil and gas sector.
The Policy Directives were also meant to position the nation as Africa's premier investment destination within the energy sector.
IPPG in a statement signed...
Nigeria LNG Limited (NLNG) has clarified that it supplied 493,000 metric tons of Liquified Petroleum Gas (LPG) to the Nigerian domestic market against the 1.5 million metric tons reported.
The clarification was contained in a statement issued by the company's General Manager, External Relations and Sustainable Development, Andy Odeh on...
Seplat Energy PLC, a leading Nigerian independent energy company has announced a growth of 12 per cent in revenue from N403.9billion to N696.9billion.
This was contained in its audited account for the twelve months ended 31 December 2023, according to a statement released on Thursday.
"The Board recommended a special dividend...
As energy experts from across the world converge on Abuja to brainstorm on energy security, transition, and finance aspirations of the industry, the Federal Government of Nigeria and its Ghanaian counterpart have declared that the countries would not abandon the use of fossil fuel to industrialise.
Minister of State for...
The Commission Chief Executive (CCE), Engr. Gbenga Komolafe has disclosed that the 51 Field Development Plan approved in the year 2022 -2023 is expected to attract a total of USD17.64 billion investment inflow.
This is even as he said, the plan would
deliver cumulative oil recovery and gas recovery estimated at...
