The Director/Chief Executive Officer of the Department of Petroleum Resources, DPR, Sarki Auwalu has said from every indication the Nigerian National Petroleum Corporation, NNPC, has taken commendable steps to boost the country’s energy security. Auwalu, therefore commended achievements of the…
Following up on President Muhammadu Buhari’s recent announcement of the declaration of two hundred and eighty seven billion Naira (N287bn) Profit After Tax (PAT) in year 2020 by the Nigerian National Petroleum Corporation (NNPC), the Corporation has consolidated on the…
The Nigerian National Petroleum Corporation (NNPC) has expressed its desire to partner with the Nigerian Exchange Limited (NGX) on exploring several financing options in the capital market for the corporation. This is coming after NNPC announced plans to get listed…
By Uthman Salami The Director of the Department of Petroleum Resources (DPR), Sarki Auwalu, said the Department was working to ramp up Nigeria’s 36.9 billion barrels crude oil reserves by 14 billion barrels and the country’s gas reserves by an…
The newly appointed Minister of Power, Mr Abubakar Aliyu, has emphasised that strategic collaboration and synergy among operators would accelerate transformation of the power sector and therefore appealed to all concerned to work together as a team to ensure that…
Minister of State, Petroleum Resources, Chief Timipre Sylva, has called for urgent agreement that will lead to the setting up of an African energy bank to accelerate and sustain hydrocarbon business activities business activities in the continent. Sylva’s statement is…
Nigeria is leading discussion on the role of gas toward achieving global energy transition as the African Energy Week (AEW) 2021 places energy poverty history at the forefront of the event’s agenda. The conference is providing a platform for a…
The Manufacturers Association of Nigeria (MAN), Kano and Jigawa state Branches, have decried what they called high electricity tariff the electricity distribution company (DisCo) was charging manufacturers. The complaint was contained in a statement jointly signed by the chairmen of…
The Organisation of Petroleum Exporting Countries (OPEC), says financing remains critical, in meeting any climate change target for developing countries. Dr Mohammad Barkindo, OPEC Secretary General, disclosed this at a video conference, entitled: “Ministerial Roundtable on Energy, Climate and Sustainability…
The Shell Petroleum Deveopment Company of Nigeria Limited (SPDC) and its joint venture partners, have boosted infrastructure at the Nigerian Maritime University, located at Okerenkoko, in Delta State. According to Governor of Delta State, Dr. Ifeanyi Okowa, the phase one…
