…Reiterates commitment to utilise Gas for economic growth, prosperity President Bola Ahmed Tinubu on Tuesday virtually commissioned three gas projects in Imo and Delta state. The projects were executed by NNPC Limited and its partners in Ohaji-Egbema, in Imo State…
….Says AHL GPP -2, AGPC Projects will boost nation’s industrialisation Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has commended President Bola Tinubu for the courage and vision in ending fuel subsidy, saying the decision has led to…
Shell is currently probing reports of smoke and explosions observed early Tuesday near its Gbaran Ubie oil and gas installation in Nigeria’s Bayelsa state, according to a report by Reuters. The fire incident, reported in the early morning of Tuesday,…
The Nigerian Upstream Petroleum Regulatory Commission has announced the commencement of the bidding process for 12 oil blocks recently listed for sale. It also signals the start of the 2024 Nigeria Petroleum Licensing Round and the resumption of the 2022/2023…
By Elvis Omoregie, Benin Business activities at the headquarters of BEDC Plc were paralysed on Monday, following the picketing of the premises by members of labour unions, under the umbrellas of Nigeria Labour Congress (NLC) and Trade Union Congress (TUC).…
NNPC Exploration and Production Limited (NNPC E&P Ltd), NNPC Ltd’s flagship upstream subsidiary, and Natural Oilfield Services Ltd (NOSL), a subsidiary of Sterling Oil Exploration & Energy Production Company Ltd (SEEPCO) have announced the commencement of oil production at Oil…
Heirs Energies CEO and Transcorp Group’s President/Group CEO; Osayande Igiehon and Dr. Owen Omogiafo, OON, will join global business leaders at the 17th German-African Energy Forum in Hamburg, Germany, this week. As leaders of one of Africa’s largest integrated energy…
The International Monetary Fund has warned the Nigerian government to remove what it called implicit fuel and electricity subsidies. In a report published recently by the IMF, the organisation told Nigeria that the subsidies would guzzle three percent of the…
The Nigerian National Petroleum Company Exploration and Production Limited (NNPC E&P Ltd.) and Natural Oilfield Services Ltd. (NOSL) have announced the successful commencement of oil production at Oil Mining Lease (OML) 13 in Akwa Ibom State. Mr. Olufemi Soneye, Chief…
Governor Douye Diri of Bayelsa has squarely pointed fingers at International Oil Companies (IOCs), particularly Shell Petroleum Development Company, for the environmental degradation in the state. Diri made these assertions during the Annual Convention and Fundraising of the Ijaw National…
