Oando Plc has vehemently denied claims circulating on social and digital media platforms that it owns a blending plant in Malta. The energy conglomerate has also refuted allegations that it imports substandard fuel into Nigeria through a Maltese company named…
The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has assured Nigerian oil and gas service companies of continued support to sustain the impressive growth in local content and to boost their production operations. Speaking…
By Seun Ibiyemi The House of Representatives has warned that it will call for the dismissal of Mele Kyari, the group chief executive officer of the Nigeria National Petroleum Company Limited (NNPCL), if alleged attempts to undermine the Dangote Refinery…
The Nigerian Bulk Electricity Trading Plc (NBET), is set to exit the electricity market as the Nigerian Electricity Regulatory Commission (NERC) licences multiple firms. These firms are to buy and sell electricity in bulk from the Power Generation Companies (GenCos).…
The Nigerian National Petroleum Company Limited (NNPC Ltd.) says the tightness in fuel supply and distribution is caused by a hitch in the discharge operations of a couple of vessels. Mr Olufemi Soneye, Chief Corporate Communications Officer, NNPC Ltd., made…
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, has said that the country’s average daily production stood at 1.61 million barrels per day as of July 23. Komolafe disclosed this at the House of Representatives Special…
The Federal Government says Nigeria’s oil revenue grew from 11 per cent in the first half of 2023 to 30 per cent in the first half of 2024. This is contained in a statement by the Minister of Finance and…
The National Oil Spill Detection and Response Agency (NOSDRA) and the Nigeria Extractive Industries Transparency Initiative (NEITI), have reiterated commitments to reduce gas flaring in Nigeria. The stakeholders stated this at the National Extractives Dialogue 2024, in Abuja on Friday.…
The House of Representatives said that it would ensure that Federal Universities were removed from the Band A electricity tariff plan to lessen the huge electricity bill. Rep. Abubakar Fulata, the Chairman, House Committee on University Education, said this in…
Operatives of the Tafawa Balewa Divisional Police Headquarters (C) of the Bauchi State Command have arrested a 30-year-old man, Aminu Mohammed, for allegedly impersonating personnel of the Nigerian Army for two years. The arrest occurred on July 22, 2024, following…
