Industry

The NASD Over-the-Counter (OTC) Securities Exchange recorded a 0.60 per cent appreciation on Monday, July 15 after Aradel Holdings Plc and Afriland Properties Plc led the market to the green territory. Aradel Holdings Plc rose by…
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*The Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC), Mele Kyari, has pledged that Nigeria would be a net exporter of petroleum products… Malam Mele Kyari The Group Managing Director of the Nigerian…
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The non-publication of financial accounts and refusal to disclose contracts signed with oil companies may be justifying public sentiments that the Nigeria National Petroleum Company (NNPC) Limited is the world’s most opaque oil…
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Okunbor By Patience Chat Moses In recognition of his invaluable contributions to the Nigerian energy sector and his service to humanity, the Managing Director (MD) of Shell Petroleum Development Company (SPDC) , Nigeria…
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Recently, Dr. Olisa Agbakoba, one of Nigeria’s most respected lawyers, called for the repeal of the Petroleum Industry Act (PIA) 2021. Dr. Agbakoba‘s main grouse with the PIA as he put it, is that under the PIA, the Nigerian National…
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A cross section of participants in the Shell Petroleum Development Company (SPDC) Joint Venture’s 2024 sabbatical and research programme in a group photograph with the leadership of SPDC’s Corporate Relations team at the induction ceremony…
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The Nigerian government has declared that converting petrol and diesel-powered commercial vehicles to run on Compressed Natural Gas (CNG) will be free. This was disclosed in Abuja after signing agreements with companies converting…
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…Metering Project To Gulp $21m In a major move towards reforming Nigeria’s energy sector, the federal government has approved a contract for the construction of metering system for all the crude oil flow stations in the energy…
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The Dangote Refinery has announced plans to acquire an additional 11 million barrels of crude oil from the United States. In a tender viewed by Bloomberg, Dangote Refinery purchased five million barrels of West Texas Intermediate…
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GCEO NNPC. Mele Kyari The Nigerian National Petroleum Company Limited, on Wednesday, said it would make an formal announcement when ready to take the earlier reported $2bn crude-backed loan. It was reported on Tuesday that NNPC was…
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