NDDC Quits Dependence on FG, IOCs for Fund Generation
By Moses Patience Chat
The Niger Delta Development Commission (NDDC) has said that it will not continue to depend on the Federal Government and International Oil Companies to generate funds for development projects in the region.
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NNPCL Predicts Increase in Post-PIA Annual Profit
By Moses Patience Chat
The Nigerian National Petroleum Company Limited (NNPCL) has predicted that its Post-PIA annual profit for the 2022 financial year would be higher than the N674 billion profit that was generated in 2021.
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Seplat Energy to Replace Diesel With Renewables in 2023
By Adaobi Rhema Oguejiofor
Seplat Energy, a Nigeria-based international energy Company, has said that it is planning to replace diesel with renewable energy pilot programmes in 2023.
The Company disclosed this!-->!-->!-->!-->!-->!-->!-->…
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NMDPRA Unveils New Regulations to Support Petroleum Industry Growth
By Adaobi Rhema Oguejiofor
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has unveiled six new regulations which it says will support sustainable growth for the midstream and downstream sectors of the!-->!-->!-->!-->!-->…
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Optimal Gas Utilization Will Guarantee Africa’s Energy Security – Omuojine
By Adaobi Rhema Oguejiofor
The Executive Director of Rainoil Limited, Mr. Emmanuel Omuojine, has said that the optimal utilization of gas is a guarantee towards achieving energy security and equity in Africa.
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Nigeria Records 160% Kerosene Price increase in 12 Months – NBS
By Adaobi Rhema Oguejiofor
The National Bureau of Statistics (NBS) has said that the average retail price of Household Kerosene (HHK) per litre in Nigeria, has increased from N450.66 in February 2022 to N1,173.89 in February 2023.
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NMDPRA Engages IPMAN, Others to Prevent Fire Incidents In Nigeria’s North-East
By Adaobi Rhema Oguejiofor
The Nigerian Midstream and Downstream Petroleum Regulation Authority (NMDPRA) has engaged stakeholders in the oil distribution system in a bid to come up with safety measures to prevent the increasing fire!-->!-->!-->!-->!-->…
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IPMAN Criticizes Petroleum Minister Over Failure to Complete Port Harcourt Refinery
By Adaobi Rhema Oguejiofor
The Independent Petrol Marketers Association of Nigeria (IPMAN) has criticized the Minister of State for Petroleum, Chief Timipre Sylva, over his failure to complete the Port Harcourt refinery after!-->!-->!-->!-->!-->…
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NNPCL Board Chairman Demands Gender Equity in Energy Sector
By Adaobi Rhema Oguejiofor
The Board Chairman of the Nigerian National Petroleum Company (NNPC) Limited, Mrs. Margery Okadigbo, has demanded for the bridging of gender gaps in the energy industry.
She made this call while!-->!-->!-->!-->!-->!-->!-->…
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Nigeria Records 168% Diesel Price Increase in 12 Months – NBS
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By Adaobi Rhema Oguejiofor
The National Bureau of Statistics (NBS) has said that the average price of Automotive Gas Oil (AGO), otherwise called diesel, increased by 168.26 percent in February 2023.
This was revealed in!-->!-->!-->!-->!-->!-->!-->…
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