Ekpo hails BFPCL, COSCO methanol vessel acquisition deal, set to drive economic growth, job creation Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has welcomed a major vessel acquisition deal between Brass Fertilizer Petrochemical Company Limited (BFPCL) and COSCO Shipping Lines Co Ltd, highlighting its potential to promote Nigerian content and drive […]
NNPC Ltd and challenges in the oil sector: Banire misconceives the facts, promotes biased views By Olufemi Soneye In the face of the challenges in the oil sector, particularly the current tightness in the supply of petrol, it has become fashionable to blame the national oil company, the Nigerian National Petroleum Company Ltd (NNPC Ltd),
South Africa’s Foreign Ministry Joins African Energy Week 2024, Promoting Pan-African Energy Diplomacy The African Energy Week (AEW): Invest in African Energy conference has secured the endorsement of South Africa’s Department of International Relations and Cooperation (DIRCO) for its 2024 edition, affirming the role of global energy diplomacy in shaping Africa’s energy future. DIRCO
African Energy Week 2024 to Examine Liquefied Petroleum Gas and Clean Cooking as a Catalyst for Making Energy Poverty History by 2030 In a recent development for Africa’s clean cooking landscape, the Global LPG Partnership (GLPGP) and the African Refiners & Distributors Association (ARDA) announced a $1.5 billion fund dedicated to supporting clean cooking
SERAP gives Tinubu 48 hours to reverse ‘unlawful petrol price hike, probe NNPCL’ Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to use his “leadership position and good offices to direct the Nigerian National Petroleum Company Limited (NNPCL) to immediately reverse the apparently illegal and unconstitutional increase in the pump price of premium
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Fuel Scarcity: NNPC not sole distributor of Dangote Refinery products — Mgt By Our Correspondent THE NNPC Ltd, has denied being the sole distributor of Dangote Refinery petroleum products. According to the company, which noted that the pricing of petroleum products is determined by market forces, said recent changes in petrol prices have no impact
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PMS Prices are Determined by Free Market Forces—NNPC Ltd The Nigerian National Petroleum Company Limited (NNPC Ltd) has stated that foreign exchange (forex) illiquidity has been a significant factor influencing the fluctuation in prices of Premium Motor Spirit (PMS), which are governed by unrestricted free market forces, as provided for in the Petroleum Industry
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AJERAP joins African Energy Week 2024 as media partner . As Afreximbank, APPO, Oando, NCDMB, NLNG, Seplat, Sahara Group, OPEC, Aradel, UTM Offshore, ND Western, BUA Group, others set to participate The African Association of Energy Journalists and Publishers, AJERAP, (https://ajerap.org/) with members drawn from 54 African nations, has joined the African Energy Week
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The African Energy Chamber Visits China to Tap into Private Investment for African Energy and Infrastructure Chinese foreign direct investment in Africa has increased significantly in recent years as Beijing strengthens its global trade and credit lines. Programs such as the Belt and Road Initiative – a China-led global infrastructure initiative – have seen
PETAN Partners Uganda on human capacity development Petroleum Technology Association of Nigeria (PETAN) has pledged to support the nation of Uganda through human capacity development initiatives that will help catalyze employment for Ugandans in their budding oil and gas industry. Engr. Wole Ogunsanya , Chairman of PETAN made the pledge while addressing guests
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