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Dangote RefineryAlhaji Aliko Dangote is excited that the over $20 billion refinery and petrochemical project is sited in Ibeju-Lekki (Lagos), in spite of the enormous challenges it faced during acquisition, construction and take off of…
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The House of Representatives is set to amend the 2024 Appropriation Act to approve an additional N6.2 trillion for unspecified capital projects.The proposed amendment, detailed in a bill sponsored by the Majority Leader, Hon.…
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The price per kilogram of Liquified Petroleum Gas (LPG), commonly known as cooking gas, has surged in Nigeria, according to recent market feedback. This follows a period in June when the price of LPG dropped to its lowest in four…
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In a statement on Monday, Russian Deputy Prime Minister Alexander Novak expressed confidence that the global oil market will achieve balance in the second half of 2024, thanks to the production cut strategies implemented by the…
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The African Petroleum Producers’ Organisation has urged member countries to fulfill their financial obligations towards the establishment of the Africa Energy Bank, scheduled to kick-off in September and will be located in Abuja,…
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The NASD Over-the-Counter (OTC) Securities Exchange recorded a 0.60 per cent appreciation on Monday, July 15 after Aradel Holdings Plc and Afriland Properties Plc led the market to the green territory.Aradel Holdings Plc rose by…
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*The Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC), Mele Kyari, has pledged that Nigeria would be a net exporter of petroleum products… Malam Mele KyariThe Group Managing Director of the Nigerian…
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The non-publication of financial accounts and refusal to disclose contracts signed with oil companies may be justifying public sentiments that the Nigeria National Petroleum Company (NNPC) Limited is the world’s most opaque oil…
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*The Minister of Women Affairs, Uju Kennedy-Ohanenye, on Monday, declared that there is no big deal in spending ₦1.5m to fuel six cars for an official journey to Anambra StateAccording to her, everyone knows how much petrol costs…
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Okunbor By Patience Chat MosesIn recognition of his invaluable contributions to the Nigerian energy sector and his service to humanity, the Managing Director (MD) of Shell Petroleum Development Company (SPDC) , Nigeria…
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