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WIEN commends Midwestern Oil and Gas Company Limited on appointment of 1st female CEO
Africa’s leading gender equity advocate in the energy sector, the Women in Energy Network (WIEN), has expressed excitement at the appointment of Mrs. Elozino Olaniyan as the Managing Director and Chief Executive Officer of Midwestern Oil and Gas Company Limited….
NUPRC pledges transparent, accountable 2025 Bid Round
Sopuruchi Onwuka The Nigerian Upstream Regulatory Commission says next year’s oil block licensing round will serve as a benchmark for transparency and investor confidence as the country pushes to lift crude output and revive exploration activity. In a speech delivered…
Nigeria’s gas flare worsens despite commercialization plans
Oil output averaged 1.7 mbd between 2015 and 2024 Private refineries export 79,000 b/d since 2020 Sopuruchi Onwuka Nigeria flared about 229 billion cubic feet of natural gas in 2024, a jump of roughly 12 percent from the previous year,…
Dangote Refinery claims credit for fuel pump price drop cuts
Dangote Petroleum Refinery has pushed back against reports suggesting that the recent drop in petrol pump prices was driven by a Federal Government decision to halt the 15 percent import tariff. The company said the claim misleads the public and…
Ratings upgrade: Fiscal rascality still threatens Nigeria’s economy
Sopuruchi Onwuka Nigeria is earning new confidence from global rating agencies as President Bola Tinubu’s economic overhaul begins to show early traction. Yet the country’s rising debt load and persistent fiscal gaps continue to test how far these reforms can…
NLNG clinches third FIRS Most Compliant Taxpayer award
NLNG has again been named the Most Compliant Taxpayer in corporate Nigeria by the Federal Inland Revenue Service. The recognition, issued under the FIRS Compliant Taxpayer Award and Recognition Program, highlights organizations that consistently meet their tax obligations with diligence…
Muslim Brotherhood stole $500 million from Gaza donations
The Muslim Brotherhood allegedly stole half a billion dollars in donations for the Gaza Strip in a single campaign, Egyptian researcher Maher Farghali reported on Sunday. While Farghali noted that it is typical of the Muslim Brotherhood to “exploit Gaza…
Russia’s oil price plummets to $36 per barrel
The price of Russia’s flagship Urals crude at the Black Sea plunged to as low as $36.61 per barrel at the end of last week, the lowest in nearly three years, as the U.S. sanctions on the two biggest Russian…
Seplat Energy empowers 25 journalists at media workshop in Imo State
Seplat Energy Plc has reaffirmed its commitment to transparency, accountability, and national development by strengthening its partnerships with the media and supporting journalists as they navigate the fast-changing digital landscape. Speaking at a two-day capacity-building workshop for journalists in Imo…
Will dom refining boost or burst our struggling economy?
Sopuruchi Onwuka Propositions and actual projects that portend over 3.0 million barrels per day of local refining capacity may raise serious challenges to the nation’s fiscal and economic stability, given that the emerging refining boom may impose acute foreign exchange…
