The Federal Government has said it is expecting most of the marginal fields, which investors bid for in the recently concluded bid round, will achieve first oil starting from next year. The Director/Chief Executive Officer, Department of Petroleum Resources, Mr Sarki Auwalu, said this on Wednesday during a strategic engagement session in Lagos with the […]
FG expect first oil from marginal fields by 2022 Read More »
OML 118: NNPC, SNEPCo, others sign Multibillion-Dollar Deep-Water Agreement …Deal to Yield Over $780million in Immediate Revenues to Government The Nigerian National Petroleum Corporation (NNPC) and its Production Sharing Contract (PSC) partners -Shell Nigeria Exploration and Production Company (SNEPCo), Total Exploration and Production Nigeria Limited (TEPNG), Esso Exploration and Production Nigeria Limited (EEPNL), and Nigerian
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By Eyo Nsima The 650,000 barrels per day Dangote Petroleum Refinery in Lagos will bridge supply gap for petroleum products across in Africa, according to Charge D’Affaires, Embassy of Nigeria in Senegal, Mr A.K Zanna. In a statement obtained by The Daily, www.thedaily-ng.com, Tuesday, Dangote Industries Limited, said Zanna also stated that Dangote Fertiliser plant
Dangote refinery to bridge Africa’s petrol supply gap – Zanna Read More »
Registration for the Carbon Neutral Focused 28th World Gas Conference (WGC2022) opens By Eyo Nsima The National Organising Committee has announced that registration for the highly anticipated 28th World Gas Conference (WGC2022), taking place on 23-27 May 2022 in Daegu, Korea, is now open. According to the Committee, the Korean Prime Minister Kim Boo-kyum has
Registration for the Carbon Neutral Focused 28th World Gas Conference (WGC2022) opens Read More »
11 Plc shareholders approve N3, 060,059,719Bn dividend payout Shareholders of 11 Plc, a foremost downstream Oil and Gas Company have approved the dividend payout of N3, 060,059.00 for the 2020 financial year. The approval was given at the 43rd Annual General Meeting of the company held at Nasarawa Hall of Transcorp Hilton, Abua The company assured the shareholders of its
11 Plc shareholders approve N3, 060,059,719Bn dividend payout Read More »
Seplat’s $318m cash generation, huge capital investment drive shareholders’ fortune ● Paid $344 million dividend to shareholders since 2014 Seplat Petroleum Development Company Plc, a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), held its hybrid 8th Annual General Meeting (AGM) with shareholders, auditors, regulators, company
Seplat’s $318m cash generation, huge capital investment drive shareholders’ fortune Read More »
By Eyo Nsima The Federal Government has disclosed that it would not increase the price of Premium Motor Spirit, PMS, in June 2021. The Nigeria Governors’ Forum, had previously in their virtual meeting, considered the report of a committee headed by Kaduna State Governor, Mallam Nasir el-Rufai, and accepted its recommendation backing full deregulation of
No petrol price increase in June — Minister Read More »
Nigeria LNG Limited (NLNG) has signed Global Memoranda of Understanding (GMoU) with host communities that enable the communities to take ownership and drive sustainable community development with the active support of NLNG. The Company, today in Port Harcourt, announced the first phase of the new agreements with the community stakeholders, comprising Ogbum-nu-Abali, Ubeta and Rumuji
NLNG signs GMoU to drive sustainable community development in Rivers State Read More »
The Nigerian Institute of Public Relations, (NIPR) on Thursday in Bauchi at its Annual General Meeting, conferred the prestigious Fellowship Award on Dr. Kennie Obateru, Group General Manager, Group Public Affairs Division of the Nigerian National Petroleum Corporation. Obateru, a self-driven and an amiable PR practitioner, joined the NNPC in 1992 as an experienced hire.
NNPC Spokesman, Obateru, bags NIPR Fellowship Read More »
Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kyari has said the ongoing transformation of Africa’s largest thermal plant, Egbin Power Plc is indicative of the quality of expertise and huge investment injected into the plant since its take-over by Sahara Group. “It’s an immense privilege to be here and see the progress at
NNPC commends Sahara Group on transformation at Egbin Power Read More »
