Industry

The Senate has confirmed the nominations of five Executive Directors designate of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The confirmation of the nominees followed the consideration and…
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Mallam Mele Kyari, Group managing Director, Nigerian National Petroleum Company (NNPC) Ltd. has lauded Johnson Awoyomi, the outgoing Managing Director of the National Engineering and Technical Company (NETCO). Kyari, who spoke at…
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The Nigerian National Petroleum Company (NNPC) Limited has swiftly waded into a looming crisis concerning its N621billion earmarked intervention for 21 critical road projects, resolving that the funding will be used only for the…
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The Minister of State for Petroleum Resources, Timipre Sylva, has said that the decision to suspend the removal of petrol subsidy was to enable the government set up the right structures to mitigate the negative impact the removal will…
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By YANGE IKYAA Seplat Energy Plc, a leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, in partnership with Conversations for Change (C4C) has announced the graduation of 15 Fellows from…
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The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said it is engaging the services of the Association of Distributors and Transporters of Petroleum Products, (ADITOP) to weaken threat by the National Association of…
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By YANGE IKYAA Exxon Mobil Corporation has recorded earnings of $8.9 billion in the fourth quarter of 2021, or an equivalent of $2.08 per share assuming dilution. This resulted in full-year earnings of $23 billion, or $5.39 per…
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By YANGE IKYAA Green Biofuels Ltd (GBF), the largest provider of hydrogenated vegetable oil (HVO) in the UK has been acquired by bp after buying a 30% stake in the company. GBF’s products are made from…
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By YANGE IKYAA The recent discovery of sizeable quantities of oil in Namibia by Shell and similar finds elsewhere in the country have spiked investor interest in the nation’s petroleum sector. Consequently, Gabriel Mbaga…
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By YANGE IKYAA The Nigerian National Petroleum Company (NNPC) Limited on Wednesday said it has posted a total of $224.29 million as receipt from crude oil and gas export for the month of August 2021. This figure is against the…
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