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NNPC posts N3.3trn profit in 2023 financial report
Declares N2.1trn Dividend The NNPC Limited has released its 2023 Audited Financial Statement (AFS), declaring a net profit of N3.297 trillion at the close of the financial year which ended in December 2023, an increase of over N700billion (28%) when…
Kyari urges military to sustain onslaught against crude oil theft
Sopuruchi Onwuka The Group CEO of NNPC Ltd., Mr. Mele Kyari, has called on the military to sustain the war against crude oil theft and pipeline vandalism saying the current onslaught against the menace has yielded improved growth in the…
EI Nigeria, NAPE announce strategic partnership
The Energy Institute Nigeria (EI Nigeria) and the Nigerian Association of Petroleum Explorationists (NAPE) have announced a strategic partnership aimed at enhancing professional development and fostering greater collaboration within the energy sector. The agreement which was officially signed in Lagos…
Nigeria tops 180,000 kta galvanizing capacity as Daewoo’s plant comes online
Sopuruchi Onwuka The commissioning of the steel galvanizing plant built by Daewoo Engineering Nigeria Limited has established the country as one of Africa’s biggest hubs for extended service life of industrial steel materials with total capacity for significant 180,000 tons…
Nneka Obi shares remarkable career journey on WIEN Woman Podcast The Women in Energy Network (WIEN) continues to empower and inspire the next generation of female leaders in the energy sector with its flagship podcast series, the WIEN Woman Podcast….
NCDMB, Ghanaian Petroleum Commission begin technical cooperation
In furtherance of its long-standing support to African oil and gas producing countries and development of local content in the continent, the Nigerian Content Development and Monitoring Board (NCDMB) on Monday in Lagos began a five-day knowledge sharing programme with…
NNPC Ltd dismisses allegations of economic sabotage
The Group Chief Executive Officer of NNPC Limited, Mr. Mele Kyari has said the company has not breached any of the enabling laws guiding its dealings with partners, hence should be counted out of any claims of economic sabotage. Kyari,…
Seplat Energy rising to Nigeria’s energy challenge
Seplat Energy Plc, foremost Nigerian independent energy company, says it is rising to the challenge of energy deficit in Nigeria through its new critical projects, which are capable of taking the company’s gas processing capacity to 850 Million standard cubic…
Shell Nigeria wins multiple awards at 2024 SPE
Shell Companies in Nigeria (SCiN) won the coveted Best Exhibitor award at the 2024 Nigeria Annual International Conference and Exhibition of the Society of Petroleum Engineers (SPE) held in Lagos August 5 – 7, in addition to seven trophies won…
