The Host Communities of Nigeria Producing Oil and Gas (HOSTCOM) has said that the Host Community Development Trust (HCDT) Fund is being implemented in line with the Petroleum Industry Act (PIA 2021). The National President, HOSTCOM, Dr Benjamin Tamaranebi said…
The management of NIPCO Gas Ltd has clarified that a fake Compressed Natural Gas (CNG) cylinder installed in a vehicle (not by NIPCO) is responsible for the explosion that occurred at its station located in Eyean, Benin City, Edo State…
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola on Monday inaugurated new members of the Nigerian Content Research and Development Council (NCRDC). The newly onboarded members are the Executive Secretary, who would serve…
The House of Representatives has called on the Federal Government to reverse the recently increased prices of premium motor spirit (PMS), otherwise known as petrol, and cooking gas. The call was sequel to a resolution to a motion by the…
The Nigerian Association of Petroleum Explorationists (NAPE) is set to host a workshop to equip Journalists on the oil and gas sectors of the Nigerian economy. Themed ‘Trends in Energy Transition and AI- Assisted Oil and Gas Reporting for Oil…
The International Energy Agency (IEA) is set to present its World Energy Outlook in Paris on Wednesday. In light of the escalating crisis in the Middle East and the growing geopolitical tensions worldwide, a key focus is the issue of…
Executive Director and Chief Financial Officer of Heirs Energies, Samuel Nwanze, has harped on the role of local content and innovative funding in boosting renewable energy adoption in Nigeria. The Heirs Energies executive made these submissions during a firechat session,…
The importation of premium motor spirit (PMS), commonly known as petrol, into Nigeria, has significantly declined in the first two weeks of October as the Dangote Refinery increased production to meet local demand. This is according to S&P Global Commodity…
The Minister of Power, Adebayo Adelabu, on Wednesday, unveiled Hexing Livoltek, an electricity meter manufacturing company in the Lekki area of Lagos State. Aside from prepaid meters, Hexing also produces other electrical installations and solar products. Adelabu, while unveiling the…
..Illegal refineries supplied total diesel consumed in the country …Direct purchase from Dangote refinery, importation will crash petrol price — Marketers By Seun Ibiyemi The Group Chief Executive Officer of the Nigerian National Petroleum Corporation (NNPC) Limited, Mele…
