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Industry
Abati slams Lokpobiri for saying Nigeria is expecting $50bn investment in oil sector
A formee President Goodluck Jonathan's Aide, Reuben Abati has slammed Minister of State for Petroleum, Heineken Lokpobiri, for saying Nigeria is expecting a $50bn investment in the oil sector by December.
While speaking in Abuja on!-->!-->!-->!-->!-->…
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Govt lauds Savannah Energy for its investment in Nigeria
The Federal Government has praised Savannah Energy, the British independent energy company focused around the delivery of “Projects that Matter”, for its substantial investment in Nigeria’s energy sector to date, saying that it!-->!-->!-->…
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Reactions Trail Lokpobiri’s Statements, Saying He ‘Did Not Direct NNPC To Stop…
There was a flurry of mixed reactions from social media users after the minister of state for petroleum resources, Heineken Lokpobiri made it known that he did not direct the Nigerian National Petroleum Company Limited, NNPC to stop!-->!-->!-->…
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10 CEOs Leading Nigeria’s Multi-billion Naira Oil Terminal industry
Nigeria’s oil and gas industry remains a cornerstone of the country’s economy, with oil terminals commonly referred to as tank farms serving as crucial hubs for the storage and distribution of petroleum products. These facilities not!-->!-->!-->…
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‘It Is False’ – Minister Refutes Claims Directing NNPC To Cease Refinery Operations
Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has denied instructing the Nigerian National Petroleum Resources (NNPC) to halt it's refinery's operations and focus solely on equity investment in other!-->!-->!-->!-->!-->…
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Full deregulation to break petrol scarcity ‘curse’
…Nigeria can save Africa $17bn petrol import bill- Dangote
The bold step by the federal government for full deregulation of the downstream sector is seen to address the recurrent petrol shortages that have plagued Africa’s biggest!-->!-->!-->!-->!-->…
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SHELL, OKUNBOR RECEIVE INDIGENOUS COMPANIES’ ASSOCIATION, PETAN, AWARD FOR EXCELLENCE
Executive Chairman, Petroleum Technology Association of Nigeria (PETAN), Engineer Wole Ogunsanya (left), presenting the association Award for “Excellence to an Astute and Visionary Technocrat” to the Managing Director, Shell Petroleum!-->…
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Nigerian Content: Contracting Cycle Shortened By Presidential Directives, Eliminates Middlemen…
Executive Secretary, NCDMB, Engr. Felix Omatsola Ogbe with the Board Top Management Staff in a group photograph with some members of the Nigerian Association of Energy Correspondents after the Board’s breakfast meeting with Media!-->…
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Nigeria’s Naira-for-Crude Swap Stalls Three Days After Deadline
According to the news, Nigeria's plan to pay for crude oil with naira instead of dollars has stalled. The Central Bank of Nigeria (CBN) and Nigerian National Petroleum Company (NNPC) set August 30 as the commencement date, but no naira!-->!-->!-->…
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AEW 2024 Set to Shape Africa’s Energy for Next Decade
…Oramah, Ibrahim bag Mohammad Barkindo’s Lifetime Award
By William Emmanuel Ukpoju
Africa Energy Week (AEW) 2024 is shaping up to be one of the most influential energy events on the continent this year, bringing together key!-->!-->!-->!-->!-->!-->!-->…
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