March 31, 2026
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Author name: Ayomide Oginni

NNPC Ltd, Partner Unlock 12,000bpd Production from Awoba Unit Field

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NNPC Ltd, Partner Unlock 12,000bpd Production from Awoba Unit Field    Keen on optimising production from the nation’s hydrocarbon assets to boost revenues and meet the nation’s OPEC production quota, the Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in the Awoba Unit Field, Newcross Exploration and Production Ltd, have restarted […]

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Axxela Announces Final Investment Decision (FID) to develop a 50 MMSCF/D Gas Processing Plant

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Axxela Announces Final Investment Decision (FID) to develop a 50 MMSCF/D Gas Processing Plant   Axxela Limited, a leading gas and power portfolio company in Sub-Saharan Africa, announces that it has taken Final Investment Decision for the development of a gas processing plant situated in OML 56, Delta State, South-South Nigeria. This strategic investment marks

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Again, Dangote crashes diesel, and Aviation fuel prices further to N940, N980 respectively

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Again, Dangote crashes diesel, and Aviation fuel prices further to N940, N980 respectively   Dangote Petroleum Refinery has again announced a further reduction in the prices of both diesel and aviation fuel to N940, N980 per litre respectively. This is coming at the wake of its widely celebrated price reduction to N1,000 barely two weeks

Again, Dangote crashes diesel, and Aviation fuel prices further to N940, N980 respectively Read More »

NASENI, Nasarawa State, Firm to Establish Tractor Manufacturing Plant in North-Central Geo-political Zone

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NASENI, Nasarawa State, Firm to Establish Tractor Manufacturing Plant in North-Central Geo-political Zone   …As Governor A.A Sule Visits NASENI to Facilitate Discussions on the Project The National Agency for Science and Engineering Infrastructure (NASENI), is set to collaborate with Nasarawa state government and Bobtrack Tractors, a division of Saint Bob Motors Limited to start

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NUPRC, not delaying $1.3bn ExxonMobil assets deal

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NUPRC, not delaying $1.3bn ExxonMobil assets deal By Ibrahim Musa There are indications that the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, the regulator of Nigeria’s upstream oil sector, is not responsible for the alleged delay in granting consent to the sale of $1.3 billion ExxonMobil’s 40 percent stake in Mobil Producing Nigeria Unlimited, MPNU’s assets

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Seplat Energy emerges Energy Times’ Corporate Governance Company of the Year

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Seplat Energy emerges Energy Times’ Corporate Governance Company of the Year   Energy Times Newspaper has named Seplat Energy as the Corporate Governance Company for 2023 business year. Seplat Energy, which is Nigeria’s leading indigenous energy player, was recognised for its effective corporate governance framework and corporate governance standards.   Seplat Energy also got recognition

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NNPC Chief, Mele Kyari Bags Energy Times’ GCEO of the Year Award

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NNPC Chief, Mele Kyari Bags Energy Times’ GCEO of the Year Award   Group Chief Executive Officer, NNPC Ltd, Mr. Mele Kyari has been honoured with the Energy Times’ GCEO of the Year Award in recognition of his commitment to accountability, transparency, and performance excellence. Chief Corporate Communications Officer of the Company, Mr. Olufemi Soneye

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Account for trillions of FAAC allocations or face legal action, SERAP tells 36 governors, Wike

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Account for trillions of FAAC allocations or face legal action, SERAP tells 36 governors, Wike   Socio-Economic Rights and Accountability Project (SERAP) has urged Nigeria’s 36 state governors and the Minister of the Federal Capital Territory, Abuja, Mr Nyesom Wike to “provide our organization with documents on the spending of trillions of FAAC allocations received

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High Sulphur diesel narrative false, mischievous ― Dangote*

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*High Sulphur diesel narrative false, mischievous ― Dangote*   The Management of Dangote Industries Limited has condemned in strong terms an online report on the quality of its diesel which is being supplied to the Nigerian market. The Dangote Group described the allegation as false, baseless, and mischievous, stating that its refinery is designed to

High Sulphur diesel narrative false, mischievous ― Dangote* Read More »

NNPC Ltd, First E&P Achieve 20,000bpd Production at OML 85

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NNPC Ltd, First E&P Achieve 20,000bpd Production at OML 85   The Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First E&P), have commenced oil production from the asset also known as Madu Field. Production from the field which is located

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