The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has threatened to revoke the licences of oil operators or settlors who failed to remit the three per cent statutory fees to oil communities before September ending. The NUPRC management on Friday said…
The Petroleum Products Retail Association of Nigeria (PETRON), says it will continue to ensure that the distribution process of petroleum products to retail outlets is not compromised. Mr Francis Dimkpa, the Chairman, Rivers Chapter of the body said this in…
Mr. Matthieu Bouyer has been appointed the Managing Director/Chief Executive of TotalEnergies Upstream Companies in Nigeria and representative of TotalEnergies Company in Nigeria effective August 21, 2023. A graduate of the Ecole Centrale in France, Matthieu BOUYER joined Total in…
According to a report from S&P Global Commodity InsightsOil and gas companies, Tullow Oil and BW Energy which have active operations in Gabon, have said there have been no disruptions to their oil production activities following the August 30 coup…
According to the Q2/2023 Manufacturers Association of Nigeria (MAN) CEOs Confidence Index (MCCI),rising energy costs are the topmost challenges facing active Nigerian manufacturers. In the survey,it was suggested that manufacturers in the country are facing a myriad of problems that…
Two months after dissolving Lauretta Onochie-led board and management of the Niger Delta Development Commission (NDDC), President Bola Ahmed Tinubu has approved the appointment of Mr. Chiedu Ebie (Delta State) as the new Board Chairman with a new team, thereby…
According to a Wall Street Journal report yesterday, there are indications that the recent coup in Gabon is supporting crude oil prices. According to the WSJ, since Gabon’s coup announcement, global crude oil prices have seen a modest increase due…
By Akinyemi Precious According to NERC General Manager, Finance and Management Services, Dr Abdulkadir Shettima, electricity customers with faulty meters have the right to have it fixed within two working days. He said this while making a presentation on Metering Issues…
…Grants stronger legislative power to prosecute corruption, infractions in oil and gas sectors By Akinyemi Precious The House of Representatives has made it known that it plans to provide legislative back up and stronger power to the Nigeria Extractive Industries…
…6 game-changing liquid projects set to transform Nigeria by 2030 According to data from the Q2 2023 State of African Energy Report by the African Energy Chamber, six upcoming major pre-2030 liquids final investment decisions (FIDs) have been listed. Estimated…
