The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has praised the Maintenance, Repair and Overhaul (MRO) training centre established by Caverton Helicopters at the Murtala Muhammed International Airport, Ikeja, Lagos. During his tour of the facility, the…
Seplat Energy Plc has officially become a member of the Extractive Industries Transparency Initiative (EITI), further solidifying its commitment to transparency, accountability, and global best practices. The energy company has been recognised as a registered EITI Supporting Company for 2024,…
Eko Electricity Distribution Company (EKEDC) has renewed its commitment to substantial network infrastructure development, with a focus on improved service across its network. The Acting Chief Executive Officer of EKEDC, Mrs Rekhiat Momoh made this known during the Island Customers…
The Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has described as strategic, the appointment of Mr Bayo Ojulari, as the new helmsman of the NNPC Ltd. The News Agency of Nigeria (NAN) reports that President Bola Tinubu…
In a significant development for Africa’s energy sector, Nigeria, Angola and Ghana have fulfilled their capital commitments toward establishing the Africa Energy Bank (AEB). The AEB aims to finance oil and gas projects across the continent, addressing funding challenges posed…
By Seun Ibiyemi President Bola Tinubu has made significant changes at the Nigerian National Petroleum Corporation Limited (NNPC Ltd.), appointing a fresh leadership team to help strengthen the company’s operations and improve its prospects for growth. These new executives are…
President Bola Ahmed Tinubu has approved a reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, removing the chairman, Chief Pius Akinyelure and the group chief executive officer, Mallam Mele Kolo Kyari. President Tinubu removed all other board members…
By Seun Ibiyemi With the Federal Government setting a production target of 2.06 million barrels per day for 2025, the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has issued a stern warning to oil licence holders who…
The Abuja Electricity Distribution Company (AEDC) has announced that its technical team is working tirelessly to restore power to parts of the Federal Capital Territory (FCT) currently experiencing an outage. The company made this known in a statement on its…
Four oil companies operating in Nigeria have paid an additional $14.2 million into the Federation Account as part of an ongoing investigation led by the House of Representatives Public Accounts Committee. This recovered sum is part of the ¦ 9…
