The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has ranked Shell Petroleum Development Company, SPDC-operated onshore joint venture as industry leader in the implementation of the Chapter Three of the Petroleum Industry Act (PIA) dealing with host community development. The SPDC-operated…
…As Nigeria’s bad deal with OPEC adds more pressure on Africa’s largest economy According to a Reuters survey, Saudi Arabia and Nigeria had the biggest decline in crude oil production under the umbrella of the Organization of Petroleum Exporting Countries…
Access to affordable, reliable and sustainable energy is crucial if Africa is to achieve all 17 United Nations Sustainable Development Goals (SDGs), and energy access will be the biggest driver of social and economic development in Africa going forward, the…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) says it is ready to support the Federal Government in mitigating the impact of subsidy removal on Nigerians. A former Vice Chairman, IPMAN Western zone, Alhaji Debo Ahmed gave the assurance in…
By Akinyemi Precious The Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPCL), Mr Mele Kolo Kyari has said that NNPC Limited plans to sustain and increase its aggressive gas development and gas transportation projects to achieve affordable and…
By Akinyemi Precious According to a report by yesterday, Crude oil supplies across the world are falling as demand outpaces supply. The gap between supply and demand could be attributed to the supply cuts by the Organization of Petroleum Exporting…
The Nigeria Liquefied Petroleum Gas Association (NLPGA) has debunked some misconceptions about the use of gas for generators in the country. A member of the Safety and Technical Committee of the NLPGA, Engineer Busayo Fabunmi put out a statement on…
As part of its sustained effort to raise awareness on the Nigerian Oil and Gas Industry Content Development (NOGICD) Act among critical stakeholders in the oil and gas industry, the Nigerian Content Development and Monitoring Board (NCDMB) held a one-day sensitisation workshop…
Shareholders of Seplat Energy Plc will receive an interim dividend of US3 cents per ordinary share of N0.50k each for the half-year ended June 30, 2023. This was contained in the company’s corporate action announcement to the Nigerian Exchange Limited…
The Enugu Electricity Distribution Company (EEDC) says it will be embarking on a massive revenue drive and disconnection of indebted electricity customers in the South-East. This is contained in a statement issued by the Head, Corporate Communications of EEDC, Mr…
