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NNPC’s Failure To Remit Funds Has Plunged Many States Into Distress — El-Rufai
Amidst the nation’s dwindling economy, Governor Nasir El-Rufai of Kaduna State has lamented that the inability of the Nigerian National Petroleum Company (NNPC) Limited to remit any revenue into the federation’s account since the!-->!-->!-->…
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Emecheta Tasks FG On New Refineries To End Importation, Fuel Subsidy
The Federal Government has been urged to put in place necessary measures that would encourage building of more refineries across the country.
Speaking in Awka, a public affairs analyst, Chief Jude Emecheta said this would reduce!-->!-->!-->!-->!-->…
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Subsidy regime, distribution method reasons for lingering fuel shortage – Expert
An oil and gas expert has disclosed that subsidy regime, opaque method of distribution, insecurity, oil theft and point of distribution challenges are the reasons for the lingering fuel shortage in Nigeria.
Gbenga Adeoye, an oil and!-->!-->!-->!-->!-->…
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Exxon faces $2bn loss on sale of troubled California oil properties
Exxon Mobil Corp (NYSE:XOM) will take up to a $2 billion loss on the highly leveraged sale of a troubled California offshore oil and gas field that have been idled since a 2015 pipeline spill.
The sale comes after a failed bid this!-->!-->!-->!-->!-->…
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‘Reappointment of Farouk as APPO Secretary General Brilliant Move’
The African Petroleum Producers Organization (APPO) has reappointed Dr. Omar Farouk Ibrahim as its Secretary General during the APPO Ministerial Council Session held in Luanda, Zambia, a move that will usher in a new era of growth!-->!-->!-->!-->!-->…
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Sylva Hails Wabote on Distinguished Capacity Development Award
-By Eddy Ochigbo
The Honourable Minister of State For Petroleum Resources, His Excellency Timipre Sylva has congratulated Engr. Simbi Kesiye Wabote, Executive Secretary of the Nigerian content Development and Monitoring Board!-->!-->!-->!-->!-->…
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AFRICA’S ROLE IN GLOBAL ENERGY SECURITY: Driving Energy Investments Towards a Sustainable Future and…
–By HE Haitham Al Ghais, Secretary General, OPEC
Excellencies, distinguished delegates, ladies and gentlemen,
It gives me great pleasure to be here with you to take part in African Energy Week 2022.
I would like to commend my!-->!-->!-->!-->!-->!-->!-->!-->!-->…
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Reflections from Cape Town: The Imperative of a Second Paradigm Shift in the Discourse on Transition…
–By Dr. Omar Farouk Ibrahim, Secretary General, African Petroleum Producers’ Organization, APPO
Cape Town, South Africa was agog recently when it played host to the just concluded week-long, Africa Energy Week, where leaders,!-->!-->!-->!-->!-->…
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Oil Theft Revelations: Who should Nigerians believe; NNPC, Military or Militants?
As Nigerians continue to express dismay over the recent discovery and revelations by the Nigerian National Petroleum Company (NNPC) Limited of an illegal four-kilometer pipeline in the Niger Delta, stretching from the Forcados terminal!-->!-->!-->…
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Foreign Envoys Throw Weight Behind NIES 2023
…Sylva calls on support for various National Pavilions at the summit
Members of the Diplomatic Corps in Nigeria have thrown their weight behind the only annual Federal Government of Nigeria official energy event tagged, Nigeria!-->!-->!-->!-->!-->…
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