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NNPC Ltd reactivates command center to track field operations
Sopuruchi Onwuka The Nigerian National Petroleum Company Limited (NNPC Ltd) says it has reactivated tracking of field operations activities across major industry installations in the country. Spokesman, Mr Femi Soneye, stated in a release that the company’s Group Chief Executive…
At last, oil prices fall at Christmas!
Sopuruchi Onwuka It is a surprise to Nigerian motorists that the nation’s main transportation fuel, the premium motor spirit (PMS) which is also called petrol, is not only sufficient in supply but also cheaper at the peak on annual demand…
Dangote Refinery in deal with MRS to sell PMS at N935 per litre
Commends Tinubu on de-dollarization of dom-fuel transactions Sopuruchi Onwuka Price war which has polarized marketing groups in the domestic petroleum market along two main supply sources is beginning to yield dividends as Africa’s biggest fuel producer, Dangote Refinery, is in…
Recovery agenda: NUPRC auctions 25 oil blocks
Sahara, Sifax, Panout trounce NNPC to sweep blocks Sopuruchi Onwuka All the international oil companies (IOCs) operating in the country, except TotalEnergies, were unable to win any of the 25 oil blocks at the 2024 bid round organized by the…
NCDMB demands media to track Nigerian Content performance
Reiterates Commitment to Communities in Supply Chain Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has challenged practicing journalists and other media stakeholders to deploy their skills in tracking Nigerian Content performance in the oil and gas industry,…
Seplat transforms to mega player with MPNU acquisition
Sopuruchi Onwuka Seplat Energy Plc is no longer just a leading independent Nigerian energy company. It has maintained its route of inorganic growth to become of Africa’s biggest home grown companies with a large space in the petroleum and new…
Access Bank affirms boost to Nigeria-France trade relations
Sopuruchi Onwuka Access Bank PLC has hosted the French Week 2024 Business Forum at its headquarters in Lagos, affirming its commitment to bolstering trade relations between Nigeria and France. The event, which kick-started the annual French Week celebration, highlighted Access…
NCDMB vows eternal war against corruption
Awards Prizes to Winners of Debate Contest Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed its commitment to preventive mechanism against corrupt practices in its internal operations and interface with stakeholders as well as transparency in…
NUPRC vows to defeat corruption in oil sector
Sopuruchi Onwuka The Commission Chief Executive (CCE) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr Gbenga Komolafe, has declared unwavering commitment to eradicating corruption within the upstream petroleum sector. Engr Komolafe who delivered opening remarks at the commemoration of…
Chevron MD highlights commitment at PNC Forum
Nigerian content development is critical for the growth and development of the nation as it progresses in its quest to acquire oil and gas technology and build indigenous capacity in the oil and gas industry. Chairman and Managing Director of…
