Skip to content
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…
WAPCo resumes regional gas supply after conduit maintenance
Sopuruchi Onwuka The West African Gas Pipeline Company (WAGPCO) has declared successful resumption of gas supply from Nigeria and Ghana to the West African region. General Manager in charge of Corporate Affairs, Dr Isaac Adjei Doku, stated in a media…
NCDMB, APPO to establish African local content centers of excellence
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) and the African Petroleum Producers’ Organization (APPO) have restated their partnership towards establishing African centers of excellence in local content development. Both organizations also encouraged African petroleum producing countries to…
Energy industry hails Seplat’s acquisition deal at NIES
Leading Nigerian energy company, Seplat Energy Plc, has received wide recognition from the Nigerian energy industry and other international stakeholders for its recent completion of the Mobil Producing Nigeria Unlimited (MPNU) acquisition. Upon completion of the acquisition, Seplat Energy which…
Chevron Nigeria bags Sustainable Energy Business award at NIES 2025
Chevron Nigeria again had an impressive showing at the eight edition of the Nigeria International Energy Summit (NIES), which kicked off on Monday February 24, 2025, at Abuja Continental Hotel. The theme for this year’s summit is Bridging Continents: Connecting…
NLNG blames insecurity for underperformance
Sopuruchi Onwuka The Nigerian Liquefied Natural Gas (NLNG) Limited has laments incessant attacks on its pipeline facilities, blaming the situation for underutilization of capacity at its plans in Bonny. Managing Director, Mr Phillip Mshelbila, stated in Abuja that insecurity in…
Seplat pledges low cost energy supply in Nigeria
Sopuruchi Onwuka Managing Director of Seplat Energy PLC, Mr Roger Brown, has declared the commitment of the company to lead supply of low cost energy to propel Nigeria’s economic and social advancement. He also pledged the company’s determination to deploy…
Nigeria to close $20bn petroleum investments in 2025
* AEB to host AfreximBank’ $13 bn energy finance portfolio Sopuruchi Onwuka Significant $20 billion or N34 trillion of new investments are underway in the Nigerian petroleum industry. The revelation which came from the Minister of State for Petroleum Resources…
Africa must decolonize its resource exploration ___APPO scribe
Sopuruchi Onwuka African nations must immediately reverse the current practice of exploiting its natural resources for export revenue while neglecting internal developmental needs. Secretary General of the African Petroleum Producers Organization (APPO), Dr Omar Farouk Ibrahim, who lamented the highly…
