Lagos LGA Reduces Staff Workdays to Ease Subsidy Burden
Adaobi Rhema OguejioforThe Agege Local Government Area (LGA) Council of Lagos has announced the reduction of its working days from the normal five days a week to three days in order to help alleviate the economic hardship that is!-->!-->!-->!-->!-->…
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NAF Destroys 3 Boats With Stolen Crude in Rivers
By Moses Patience Chat
The Nigerian Air Force component of Operation Delta Safe (OPDS),over the weekend destroyed three boats loaded with stolen crude and another illegal refinery with reservoir and tanks in Rivers State.The!-->!-->!-->!-->!-->!-->!-->…
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FDI key to Africa’s Gas Reserves Development -SNEPCo MD
By Moses Patience ChatThe Managing Director of Shell Nigeria Exploration and Production Company Limited (SNEPCo), Elohor Aiboni, has said that African countries must take deliberate steps to attract foreign direct investments (FDI)!-->!-->!-->!-->!-->…
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Rainoil Appoints 3 Managing Directors For Subsidiaries
L-R Mr Emmanuel Omuojine, Managing Director, Rainoil Gas; Dr Gabriel Ogbechie, Group Managing Director (GMD); Mrs Godfrey Ogbechie, Group Executive Director, Rainoil Ltd. and Dr Jude Nwanlune, Managing Director, Rainoil Logistics!-->!-->!-->…
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Conventional Discovered Oil & Gas Volumes Falling To New Lows
Despite rising investments in conventional oil and gas exploration, discovered volumes are falling to new lows.That’s what Rystad Energy research shows, the company highlighted in a new release sent to Rigzone, adding that its!-->!-->!-->!-->!-->…
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Seplat Grows Gas Revenue to $63.7mn
By Yange IkyaaSeplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, experienced a 10.2 per cent gas revenue, reaching!-->!-->!-->!-->!-->…
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European Refiners Worry as Nigeria’s Petrol Demand Plunges 30%
Image Source: The Street Journal
Nigeria’s demand for Premium Motor Spirit (PMS), otherwise known as petrol, from Europe fell by almost 30 per cent as a result of the scrapping of fuel subsidy by President Bola Tinubu.This is!-->!-->!-->!-->!-->…
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Punish Crude Oil Thieves in Navy, HURIWA Tells Tinubu
Adaobi Rhema OguejioforThe Human Rights Writers Association Of Nigeria (HURIWA), a leading civil rights advocacy body, has appealed to President Bola Ahmed Tinubu to take a transparent, accountable and open stand against the!-->!-->!-->!-->!-->…
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Niger Coup Worsens Nigeria’s Petrol Declining Market
A military coup in Niger leading to the overthrow of the democratic government which has forced the shuttering of borders has ended planned exports of Nigerian petrol across the continent as demand decreases at home.Prior to!-->!-->!-->!-->!-->…
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Seplat Grows Gas Revenue to $63.7mn
By Yange IkyaaSeplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, experienced a 10.2 per cent gas revenue, reaching!-->!-->!-->!-->!-->…
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