Industry

*NEPL’s operated wellhead, Kurogbagba I, leaking out oil and gas in Okpoama, Brass LGA, Bayelsa State. Massive oil and gas leaks from a high-pressure wellhead on OML66 operated by the NNPC Exploration and Production Limited, NEPL, a…
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NNPC Limited will supply Dangote refinery with up to six cargoes of crude oil in December to be used in test runs, three industry sources with knowledge of the matter said. The new 650,000 barrel-per-day refinery, funded by Africa’s…
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...Lauds Firm for Creating 2500 Jobs The Executive Secretary, Nigerian Content Development and Monitoring Board, Engr. Simbi Kesiye Wabote with the Group Managing Director of Genesis, Ichie Dr. Nnaeto Orazulike, and his wife,…
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The Nigerian National Petroleum Company Limited, NNPC, the Nigerian state hydrocarbon company, has delayed the release of its 2022 annual report for the third consecutive month. The company was greeted with a round of cheers when it…
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By Adaobi Rhema Oguejiofor Seplat Energy has appointed Mr. Christopher John Okeke, Mr. Udoma Udo Udoma and Mr. Babs Omotowa as Independent Non-Executive Directors of the Company. This was revealed in a press release by the…
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By Patience Chat Moses African Refiners and Distributors Association (ARDA) has said that there was a need for market-equivalent pricing and taxation framework if the downstream segment of the continent’s petroleum industry will…
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By Adaobi Rhema Oguejiofor The Nigerian Content Development and Monitoring Board (NCDMB) has trained about 500 youths on solar power installation and maintenance in Cross River State. The Organization disclosed this in a…
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By Patience Chat Moses The Honorable Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has revealed that the ongoing quick-fix project at the Kaduna Refinery and Petrochemicals Company Limited (KRPC) will…
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The Senate’s recent investigation into the staggering N11.3 trillion spent on the nation’s dormant refineries for Turn Around Maintenance (TAM) has been met with skepticism. Experts and stakeholders believe this investigation,…
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The Federal High Court sitting in Abuja, Monday, ordered the Economic and Financial Crimes Commission (EFCC) and Central Bank of Nigeria (CBN) to immediately release the $9.8 million belonging to the former Group Managing Director…
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