Seplat Energy Plc, a leading Nigerian independent energy company has within a year experienced a 10.2 per cent gas revenue, reaching $63.7 million in 6M 2023 (compared to $57.8 million in 6M 2022).
This growth was attributed to increased realised gas prices and a rise in sales volume. The average...
President Bola Tinubu has reiterated his commitment to the provision of reliable and affordable electricity supply to Nigerians.
Tinubu stated this during the Foundation Laying Ceremony for the 350 Megawatts Gwagwalada Independent Power Project (GIPP) on Friday in Abuja.
He noted that his administration was poised to deliver uninterrupted power to...
The Nigerian National Petroleum Company (NNPC) Limited has announced a strategic partnership with NIPCO Gas Limited to develop Compressed Natural Gas (CNG) stations across the country in line with the fuel subsidy removal palliative implementation plan of the Federal Government.
NNPCL's Chief Corporate Communications Officer, Garba Deen Muhammad disclosed the...
The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, has made some clarifications why members of the local branch of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) barricaded the entrance of the head office of the Nigerian Upstream Petroleum...
The Group Chief Executive Officer, Nigerian National Petroleum Company Limited, (NNPCL), Mallam Mele Kyari has disclosed that the country has the potential to upside its natural gas reserves from the current 209.5tcf to 600tcf.
Kyari stated this at the 46th edition of the Nigerian Annual International Conference & Exhibition (NAICE)...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that it collected a total of USD85.1 million (N44 billion) from Oil Companies as gas flare penalty.
NUPRC disclosed this in a document made available to journalists in Abuja on Friday.
The Commission noted that while efforts were towards gas flare elimination...
Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, announces its unaudited results for the six months ended 30 June 2023, recording a rise in revenue by 3.8 percent to N278.3bn from N219.2bn year-on-year.
The company also declared...
Management of Dangote Refinery has refuted a report published on the online platforms of some media organisations that the company employed 11,000 skilled workers from India while allegedly neglecting youths from Nigeria and other African countries.
In his response, the Group Chief Branding & Communications Officer, Anthony Chiejina said, the...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has signed four additional regulations in-line with the Petroleum Industry Act, 2021 (PIA) to address environmental and safety concerns in the midstream and downstream petroleum sector.
NMDPRA's General Manager, Corporate Communications and Stakeholders’ Management, Kimchi Apollo announced the development in a...
The Nigerian National Petroleum Company Limited and UTM Offshore Limited have signed a Heads of Terms (HoT) agreement for the construction of the nation's first indigenous Floating LNG project.
NNPCL, in a statement by its Chief Corporate Communications Officer, Garba Deen Muhammad said, the agreement which was signed on Thursday...
