… petrol prices soar by 478% in 17 months, under Tinubu’s administration Oredola Adeola The Nigerian National Petroleum Company Limited (NNPCL) has raised the price of Premium Motor Spirit (PMS), commonly known as petrol, to ₦998 per litre in Lagos.…
… confirms Tinubu’s Presidential directives streamline oil and gas value chain, eliminate middlemen, cut contracting cycle to six months Oredola Adeola Engr. Felix Ogbe, Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB) has pledged to revive…
…failure to boost oil and gas production will continue to weaken Naira, deepen energy poverty – Ogunsanya warns Oredola Adeola Engr. Wole Ogunsanya, Chairman of the Petroleum Technology Association of Nigeria (PETAN) has emphasized that Nigeria’s sustainable development and…
“Large majority of petrol price increases we have seen in past year are due to fall in value of Naira” Oredola Adeola Robert Dickerman, CEO of Pinnacle Oil and Gas Limited, has warned Nigerians against expecting Dangote’s refinery output to…
Africa’s natural gas reserves estimated at 630 trillion SCF, but investment in the sector remains low, says UTM Offshore CEO Rone Oredola Adeola UTM Offshore Limited, led by Group Managing Director/CEO Mr. Julius Rone, is nearing the Final Investment…
…both appointments will take effect on October 1 Oredola Adeola Shell Plc has appointed Mr. Ronald Adams as the new Managing Director of its deep-water subsidiary, Shell Nigeria Exploration and Production Company Limited (SNEPCo), while Elohor Aiboni has transitioned to…
Oredola Adeola The African Association of Energy Journalists and Publishers (AJERAP) has announced plans to host Mr. Julius Rone, Group Managing Director/CEO of UTM Offshore Limited, for a special one-on-one engagement on Wednesday, October 2, 2024, at 11 a.m. Central…
… funding will enable 6 companies to deliver critical gas projects that increase gas utilisation, strengthen energy security – Ekpo Oredola Adeola The Federal Government of Nigeria, through the Midstream and Downstream Gas Infrastructure Fund (MDGIF), has committed N122 billion…
… says FG is ready to assist 36 States, FCT in acquiring CNG buses for cheaper public transportation Oredola Adeola The long-awaited divestment of ExxonMobil’s 100% stake in Mobil Producing Nigeria Unlimited (MPNU) to Seplat Energy Plc. is set to…
… shows over $6.071 bn, N66.4 bn in outstanding collectable revenues due to FG in oil, gas industry at of June 2024 … Nigeria records 7.68 mllion barrels of crude oil stolen, lost due to oil theft, other factors …
