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Energy

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…

Shell sweeps laurels at 43rd NAPE conference

Shell Companies in Nigeria (SCiN) were rewarded for their robust participation at the 43rd International Conference and Exhibition of the Nigeria Association of Petroleum Explorationists (NAPE) with corporate and individual awards at a dinner Thursday night which rounded off the…

SNEPCo’s Ronald Adams inducted NSChE Fellow

The Nigerian Society of Chemical Engineers (NSChE) at the weekend inducted the Managing Director of Shell Nigeria Exploration and Production Company Limited (SNEPCo), Ronald Adams and 19 others as Fellows for outstanding contributions to the profession. They were accorded the…

Minister vows to strengthen Nigerian Content Fund, applauds Tamrose on fleet expansion

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has praised Tamrose Limited for expanding its marine logistics fleet and extending its operations to Angola after securing support from the Nigerian Content Intervention Fund. Speaking at the Nigerian…

Sixteen-year-old OAU Student Wins NCDMB National Essay Competition

The 9th edition of the NCDMB Annual National Undergraduate Essay Competition ended on Friday at the Nigerian Content Tower in Yenagoa with 16-year-old Josephine Oyinkansola Akande of Obafemi Awolowo University emerging as the overall winner. Akande, a 200-level medical student…

Renaissance shines at NAPE 2025, takes home four major awards

Renaissance Africa Energy Company Limited made a strong statement at the 43rd Annual International Conference of the Nigerian Association of Petroleum Explorationists, held at Eko Hotel and Suites in Lagos. The company won four awards, including the highly coveted Overall…

Heirs Energies CFO, Samuel Nwanze, named Africa CFO of the Year

Sopuruchi Onwuka Heirs Energies has announced that its Executive Director and Chief Financial Officer (CFO), Samuel (Sam) O. Nwanze, has been named Africa CFO of the Year at the prestigious All Africa Business Leaders Awards (AABLA), held in partnership with…

Lokpobiri pledges government’s support for Renaissance

Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has commended the management and staff of Renaissance Africa Energy Company Limited for their strides in increasing oil and gas production from the company’s operated assets. The minister gave…