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NCD violation: NCDMB’s been in running battle with Sterling Oil __Source
Sopuruchi Onwuka Allegations against Sterling Oil Exploration & Energy Production Company (SEEPCO) Limited on violating numerous labour laws, operating regulations and the Nigerian Content Act in the petroleum industry continue to mass up with revelations that the independent producer retains…
Axxela committed to Umuseti land dispute resolution
Sopuruchi Onwuka Major gas player in the domestic and regional market, Axxela, says it is working with stakeholders to peacefully resolve the land acquisition dispute in Umuseti, Delta State. Corporate Communications Manager, Omolara Shitu, stated in a media release that…
Local refining: Lokpobiri confirms industry support for OTL 2025
The Honourable Minister of State Petroleum Resources (Oil), Senator Heineken Lokpobiri has highlighted the importance of the downstream value chain of the petroleum industry to Nigeria, and the commitment of the Federal Government to optimizing the country’s refining capacity. He…
PENGASSAN threatens industrial action over showdown with SEEPCO Limited
Sopuruchi Onwuka The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has demanded the federal government to immediately impose stringent sanctions on Sterling Oil Exploration & Energy Production Company (SEEPCO) Limited for violating numerous labour laws, operating regulations…
NCDMB throws weight behind 100 kbd refinery project
Stakes funds in 20% equity Sopuruchi Onwuka The push for local refining capacity expansion has become intense with Nigerian Content Development and Monitoring Board (NCDMB) adding its weight to drive through a new 100,000 barrels per day (100 kbd) crude…
NCDMB brokers pan-industry commitment to local linepipe usage
Sopuruchi Onwuka Players in the Nigerian petroleum sector have declared their commitment to utilization of locally produced line pipes in the full industry value chain as a way of accelerating realization of targets set by the Nigerian Oil and Gas…
IWD 2025: WIEN adopts hundreds of Lagos girls for STEM mentorship
Sopuruchi Onwuka Leading gender equity advocate in Africa, Women in Energy Network (WIEN), on Thursday adopted over 200 college girls for mentorship to prepare them for careers in science, technology, engineering and mathematics (STEM). According to WIEN, the mentorship programme…
OML 30 partners commend NCDMB on efficiency, effectiveness
Restate commitment to Nigerian Content compliance Sopuruchi Onwuka Management of OML 30 Joint Venture has commended the management of the Nigerian Content Development and Monitoring Board (NCDMB) on its effective leadership and value creation in the nation’s economy. The management…
Seplat Energy pumps 2024 revenue to N1.652 Trn
* Operating Profit hits N647.9bn Sopuruchi Onwuka Nigeria’s leading independent energy company, Seplat Energy PLC, has declared momentous N1.652 trillion in operating revenue for in 2024, trailing an operating profit of N647.9 billion. The company stated on Tuesday that the…
NIES 2025: Shell wins Best Upstream Company 2024 award
Shell Nigeria has won the Best Upstream Company 2024 award at the Nigerian International Energy Summit (NIES) which concluded in Abuja weekend. Shell stated in a release that the award which was received by Senior Vice President, Nigeria Marno de…
