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Industry
FG attracts $50m investment for conversion of commercial buses to CNG
The Federal Government through the Presidential Compressed Natural Gas Initiative (P-CNGi) has attracted a 50 million dollar deal for the conversion of commercial vehicles to run on Compressed Natural Gas (CNG).
The P-CNGi Programme!-->!-->!-->!-->!-->…
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MRS Joins Dangote, Crashes Fuel Pump Price For Nigerians
MRS Oil Plc has slashed the price of diesel from N1,700 to N1,050 in all its filling stations nationwide. The company disclosed this recently urging Nigerians to report any of its filling stations selling above the new price.
The!-->!-->!-->!-->!-->…
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NNPC Signs Deal for 100,000bpd-capacity facility Construction in Port Harcourt Refinery
By Adaobi Rhema Oguejiofor
The Nigerian National Petroleum Company (NNPC) Limited has disclosed that it signed an agreement with the African Refinery for a share subscription at the Port Harcourt Refinery.
This information was!-->!-->!-->!-->!-->!-->!-->…
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Dignitaries Honour Asmau Barkindo’s Wedding In Abuja
Mele Kyari and Musa Bashir in a tete-a-tete at the wedding
Today, Friday (26th of April, 2024) remains memorable being a day well wishers from all over the globe trooped into the city of Abuja to grace the wedding fatiha of Asmau!-->!-->!-->…
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Dangote Refinery Surpasses Top European Refineries
By Ese Ufuoma
In a recent development, Bloomberg's latest ranking has positioned the Dangote Refinery as a frontrunner, surpassing the top 10 largest refineries in Europe.
The financial data and media company's report highlights!-->!-->!-->!-->!-->!-->!-->…
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PTDF Executive Secretary Inspects CPESK
By Saidu Abubakar
The Executive Secretary, Mr. Ahmed Galadima Aminu, visited the College of Petroleum and Energy Studies Kaduna. In his entourage were some members of the Management team of the Fund.
A statement by the head of!-->!-->!-->!-->!-->!-->!-->…
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Axxela Secures N16.4bn Bond for Gas Pipeline Projects
By Adaobi Rhema Oguejiofor
Axxela Limited, a leading sub-Saharan African gas and power company, has completed its N15 billion Series 1 Bond Issuance, with an impressive oversubscription of N1.4 billion, bringing the total to N16.4!-->!-->!-->!-->!-->…
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SEPLAT Energy Celebrates 10 Years Of Dual Listing …Returns $575m Dividends, Invests $1.6b In…
By Adaobi Rhema Oguejiofor
Seplat Energy, a leading indigenous energy company, has marked its 10th anniversary of dual listing on the Nigerian Exchange Limited (NGX) and the London Stock Exchange.
At the anniversary celebration,!-->!-->!-->!-->!-->!-->!-->…
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Reps Summon NNPC, Oil Companies Over Environmental Crisis
The House summons NNPC CEO Mele Kyari to investigate oil-related environmental degradation, stressing the urgency of addressing community concerns
CEOs of major oil companies and relevant government agencies are also summoned,!-->!-->!-->!-->!-->!-->…
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Niger-Benin pipeline: First drops of oil arrive at Sémè Kraké
Benin is expected to receive transit duties and tax revenues per quantity of Nigerien oil that gushes out at Sémè Kraké. The projection comes as the platform where the pipeline which connects the Agadem oil fields lands.
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