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Industry
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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New SOAN Executives to harness opportunities in Nigeria’s $300bn blue economy
Sonny Eja, the newly inaugurated president of the Ship Owners Association of Nigeria (SOAN), said the association under his leadership will focus on!-->!-->!-->!-->!-->…
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Platform Petroleum To Showcase Nigeria’s Marginal Field Opportunities
Nigeria’s Platform Petroleum will participate as a Bronze Sponsor of the Invest in African Energy (IAE) 2024 forum in Paris, as the indigenous operator seeks new capital and technologies to further develop Nigeria’s marginal!-->!-->!-->…
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Nigeria Eyes Fresh $10bn Investment In 0il & Gas Sector
The Federal Government is aiming to attract about $10bn worth of investment through the signing of the consolidated guidelines for the implementation of Fiscal Incentives for the Oil & Gas Sector.
The guidelines, a cornerstone!-->!-->!-->!-->!-->…
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Former NCDMB Boss, Wabote, Dismisses Minister’s Allegations as Reckless and Bundles of Lies
By William Emmanuel Ukpoju
In a strongly-worded statement, former Executive Secretary of the Nigerian Content Monitoring and Development Board (NCDMB), Simbi Wabote, has dismissed allegations made by Minister of State for Petroleum!-->!-->!-->!-->!-->…
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