Industry

By Yange Ikyaa In order to strengthen its downstream business portfolio to enhance profitability and guarantee national energy security, NNPC Limited has completed the acquisition of OVH Energy Downstream assets. The assets…
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By Sopuruchi Onwuka The steep fall in Nigeria’s oil export volumes and revenues has stoked simmering debates over massive production losses in the petroleum industry where worsening security situation in the operating environment…
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By Yange Ikyaa The Secretary General of the International Energy Forum (IEF), Joseph P. McMonigle, will attend the African Energy Week (AEW) and participate in proceedings at the African premier event for the oil and gas sector,…
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Timipre Sylva By Eddy Ochigbo Recently, the Minister of State for Petroleum Resources, Chief Timipre Sylva contended that the future of Africa’s oil and gas industry remains very bright despite the challenge posed by energy…
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By Yange Ikyaa Since the year 2020, when President Muhammadu Buhari announced an autogas policy that would see mass deployment of vehicles in Nigeria that will use compressed natural gas (CNG) instead of premium motor spirit (PMS),…
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Simbi Wabote By Gideon Osaka There is no denying the fact that when the success story of the Muhammadu Buhari administration will be told, it would be incomplete without reference to the contributions of a transformational, enigmatic…
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The cost of Nigeria’s fuel subsidies rose to 525.714 billion naira ($1.22 billion) in August, bringing the total spent this year to 2.568 trillion naira, according to figures submitted to the government. The ballooning costs of…
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"…Any company with good ESG credential stands better chance of having better community engagement" Speaking at the Centre for Petroleum Information (CPI), Industry Public Symposium (IPS-XVI) with the topic: Do ESG Practices have a…
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The Group General Manager, Public Affairs Division of the Nigerian National Petroleum Company (NNPC) Limited, Garba Muhammad, says the organisation is not aware of the existence of secret account linked to it. Muhammed, who made…
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The Nigerian National Petroleum Company (NNPC) Limited says six international oil companies (IOCs) will remit N380.04 billion next month as proceeds from the sale of domestic crude oil in July 2022. The national oil company made…
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