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NNPC Limited quietly cedes 12.8% stake in Dangote Refinery
Sopuruchi Onwuka Government has silently accepted to whittle down the country’s 20 percent financial stake in the hyped Dangote Refinery, digging up more questions over the controversial deal which was sold to Nigerians as low hanging fruit for cheaper and…
CSOs urge IPMAN, NUPENG, others to work with NNPCL to Normalize fuel distribution
The Coalition of Civil Society Groups for Good Governance, a key stakeholder in the Nigerian oil and gas industry has called on oil marketers, distributors to partner with the Nigerian National Petroleum Company Ltd to ensure seamless delivery of petroleum…
WIEN hosts midstream, downstream career gig
Sopuruchi Onwuka Leading energy industry gender equity advocate, Women In Energy Network (WIEN), on Tuesday in Lagos hosted an open party for midstream and downstream industry participants in its learning programmes. Executive Secretary, Engr Asanimo Omezi, stated that the event…
Flooding delays fuel petrol import discharge
Sopuruchi Onwuka The flashes of flood which overwhelmed drainages and overran major roads across the country were the major reason for fuel scarcity as retail outlets were unable to get supplies, the Nigerian National Petroleum Company (NNPC) Limited has explained….
Nigeria records 39kbd rise as OPEC+ overpumps by 53 kbd in June
Sopuruchi Onwuka Nigeria’s total crude oil output in the month of June increased by 39,000 barrels per day, according to estimates by Rystad Energy which tracks crude oil trade among producers, traders and refineries across the world. The increase in…
Harsh economy: EKEDC board approves 20% pay raise for staff
Sopuruchi Onwuka Workers of the Eko Electricity Distribution Company (EKEDC) will at the end of the month begin to experience significant financial relief following expected improvement in their pay as directed by the board of the company. The company stated…
WIEN commends FG on divestment deals, demands more approvals
Leading gender equity advocate in the energy sector, Women in Energy Network (WIEN), has expressed immense joy at the eventual approval of oil and gas asset divestment transactions by the government. President of WIEN, Mrs Eyono Fatayi-Williams, declared in Lagos…
IPPG congratulates Nigeria’s on hosting of African Energy Bank
Sopuruchi Onwuka The Independent Petroleum Producers Group (IPPG) has congratulated to the federal government on Nigeria being selected as the host of the Headquarters of the African Energy Bank (AEB). The group described the location of the bank in Nigeria…
REA partners Mercy Corps on sustainable rural power supply
Sopuruchi Onwuka The Rural Electrification Agency (REA) signs Memorandum of Understanding with Mercy Corps to strengthen electricity cooperatives towards improved electricity access in Nigeria. The signing took place at the Corporate Headquarters of the Agency in Abuja on Thursday, 4th…
PETAN supports NCDMB on service capacity audit
Sopuruchi Onwuka The Petroleum Technology Association of Nigeria (PETAN) is collaborating with the Nigerian Content Development and Management Board (NCDMB) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to eliminate middlemen businesses and uphold the integrity of Nigerian oil and…
