Tinubu reacts to Nigeria’s victory in $11bn P&ID judgement
...Says its Africa's victoryPresident Bola Tinubu has lauded a UK Court judgment rendered by Judge Robin Knowles of the Business and Property Court in London, awarding victory to the Nigerian Government over the firm, Process &!-->!-->!-->!-->!-->…
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Diesel prices increase to N890/litre for Sept – NBS
In September, there was a 4.27% increase in the price of Automotive Gas Oil (Diesel) with prices going from N854.32 in August to an average of N890.80. When compared with the corresponding month of last year, diesel prices!-->!-->!-->!-->!-->…
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Nigeria’s Energy Investment Prospects Unpacked at African Energy Week
By Patience Chat MosesRepresentatives from Nigeria’s energy sector, during the 2023 African Energy Week (AEW), discussed the country’s energy investment landscape and best financial practices to tap the West African country’s oil!-->!-->!-->!-->!-->…
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Petroleum Training Institute, NNPC To Build CNG-Powered Tricycle
The Petroleum Training Institute (PTI), Effurun, has disclosed plans to come up with a Compressed Natural gas (CNG) powered tricycle (Keke) to ease the reliance on petrol and promote cleaner energy.The Principal/Chief Executive of!-->!-->!-->!-->!-->…
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Scarcity: NNPCL Accused of Supplying Petrol Only to Marketers With 50 Stations
Petroleum product marketers have disagreed with the NNPC over the availability of petrol in Nigeria
The Independent Petroleum Marketers Association of Nigeria (IPMAN) said that some depots have been dry for the past five days!-->!-->!-->!-->!-->!-->!-->!-->…
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Petrol: NNPCL Warns Motorists Against Panic Buying
The Nigerian National Petroleum Company (NNPC) Limited yesterday advised motorists to avoid panic buying of Premium Motor Spirit (PMS), petrol, assuring that it has stock that can cater to all for at least 30 days.The appeal came!-->!-->!-->!-->!-->…
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Local Content is Key to Africa’s Economic Prosperity – NCDMB
By Patience Chat MosesThe Executive Secretary (ES) of the Nigerian Content Development and Management Board (NCDMB), Engr. Simbi Kesiye Wabote, has said that African nations need to prioritize and understand the importance of!-->!-->!-->!-->!-->…
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NNPC Appoints New Chief Corporate Communications Officer
By Patience Chat Moses
The Nigerian National Petroleum Company (NNPC) Limited has announced the appointment of Olufemi Oladapo Soneye as its Chief Corporate Communications Officer.A statement by the company said that “Mr.!-->!-->!-->!-->!-->!-->!-->…
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REAN Advocates Grassroots Awareness for Net Zero Emission
By Adaobi Rhema OguejioforThe President of the Renewable Energy Association of Nigeria (REAN), Ayo Ademilua, has said that for Nigeria to attain net zero by 2060, the Federal Government needs to further take the Energy Transition!-->!-->!-->!-->!-->…
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Afreximb, Alphaden Energy Sign $60mn deal to Process Gas in Nigeria
By Patience Chat MosesThe African Export-Import Bank (Afreximbank) has signed a 7-year term loan agreement with Nigeria’s Alphaden Energy & Oilfield Limited for the construction of a 20 million standard cubic feet per day gas!-->!-->!-->!-->!-->…
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