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Seplat Energy pumps 2024 revenue to N1.652 Trn
* Operating Profit hits N647.9bn Sopuruchi Onwuka Nigeria’s leading independent energy company, Seplat Energy PLC, has declared momentous N1.652 trillion in operating revenue for in 2024, trailing an operating profit of N647.9 billion. The company stated on Tuesday that the…
Doctors battle Pope’s episodes of respiratory failure
Eighty-eight year old Pope Francis suffered two episodes of “acute respiratory failure” on Monday, and doctors say the Catholic pontiff remains in danger even as procedures to arrest the situation remain ongoing. Vatican’s press office said in a brief statement…
NIES 2025: Shell wins Best Upstream Company 2024 award
Shell Nigeria has won the Best Upstream Company 2024 award at the Nigerian International Energy Summit (NIES) which concluded in Abuja weekend. Shell stated in a release that the award which was received by Senior Vice President, Nigeria Marno de…
NCDMB commends SPDC on fabricating mooring buoys in Warri
The Nigerian Content Development and Monitoring Board (NCDMB) has commended The Shell Petroleum Development Company of Nigeria Limited (SPDC) for in-country fabrication of two Single Point Mooring (SPM) buoys. Shell awarded production of the offtake facilities to Warri based indigenous…
Seplat Energy is driving growth with best practices _Roger Brown
Nigeria’s leading indigenous energy company, Seplat Energy Plc, has attributed its exponential growth over the years to well thought-through strategies, strong governance practice and dedicated people, stressing that the quest to develop Nigeria and the support from the Nigerian government…
Shell pledges support for petroleum industry reforms
Shell has pledged support for the recent reforms in the oil and gas industry in Nigeria, describing them as a good way to reposition the sector for growth and profitability. “We welcome the reforms by the Nigerian Upstream Petroleum Regulatory…
NIES: Lokpobiri hails Shell on high value exhibition
Shell companies in Nigeria underlined their participation at the 8th Nigeria International Energy Summit (NIES) in Abuja with a high-profile exhibition that hosted dignitaries among them the Minister of State for Petroleum Resources (Oil) Senator Henieken Lokpobiri. The Minister was…
FG’s economic targets threatened as vandals weaken NLNG
Firms readying for net-zero future Sopuruchi Onwuka Realization of government’s revenue and sundry economy goals in the gas industry remain vulnerable in the face of incessant vandalism on gas supply infrastructure and other facilities that support capacity optimization at the…
Price reduction: Dangote refunds N16 bn to MRS, Heyden, AP
Sopuruchi Onwuka Dangote Petroleum Refinery & Petrochemicals has declared a N16 billion refund to its primary offtakers in the domestic petroleum market as it marks down pump prices petrol from supply source. According to a statement released by the refiner,…
NCDMB canvasses pan-Africa local content front
Executive Orders lead to 4 FIDS. Sopuruchi Onwuka The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, on Tuesday in Abuja charged oil and gas industry stakeholders in Africa to institute an Africa-wide…
