Oil & Gas

We still need to recover N69.51bn, $5.31bn from oil industry operators- NEITI

We still need to recover N69.51bn, $5.31bn from oil industry operators- NEITI By Eyo Nsima The Nigeria Extractive Industries Transparency Initiative, NEITI, has expressed its determination to recover revenues amounting to N69.51 billion and $5.31 billion from oil and gas operators in Nigeria.   The Executive Secretary, Nigeria Extractive Industries Transparency Initiative, NEITI, Dr. Orji Ogbonnaya Orji, who disclosed this during his maiden […]

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NNPC pledges support for fight against illicit drugs 

NNPC pledges support for fight against illicit drugs As a socially responsible entity, the Nigerian National Petroleum Corporation (NNPC) says it would do everything within its power to support the fight against drug trafficking in Nigeria. The Group Managing Director of NNPC, Mallam Mele Kyari,made the commitment Friday in Abuja during the visit of the

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AFRICA: Oil Exploration drops by 53.5% as Algeria, Libya, Nigeria emerge top three nations

AFRICA: Oil Exploration drops by 53.5% as Algeria, Libya, Nigeria emerge as the top three nations By Eyo Nsima   There are indications that oil exploration has dropped in Africa by 53.5 per cent, as the Coronavirus pandemic continues to haunt the continent. According to data obtained from the March Oil Market Report of the

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Petroleum Industry, beginning of a new era in Nigeria ---PPPRA

BREAKING: Petrol price rises to N212.61 in Nigeria

BREAKING: Petrol price rises to N212.61 in Nigeria .NNPC subsidises with N42 per litre   By Eyo Nsima   The Petroleum Products Pricing Regulatory Agency, PPPRA, has fixed Nigeria’s petrol price at N212.61 per litre, for the month of March 2021, according to the PPPRA’s PMS guiding price, released to stakeholders, on March 11, 2021.

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Seplat shows a strong commitment to the environment, people, and values

Seplat shows a strong commitment to the environment, people, and values … gets NSE’s applaud on its robust sustainability achievements 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), is strongly committed to deploying resources and expertise to create

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How DPR seals 86 illegal gas plants in Lagos

The Department of Petroleum Resources (DPR) says it shutdown 86 Liquefied Petroleum Gas (LPG) plants in Lagos State in 2020 for operating illegally. Mr Paul Osu, Head, Public Affairs, DPR made this known in a statement issued on Wednesday in Lagos. Osu said LPG (cooking gas) plants were shut down for non-compliance with international safety

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NLNG reiterates commitment to delivering Train 7 benefits to Nigerians

NLNG bags NGA’s Gas Company of The Year Award  

NLNG bags NGA’s Gas Company of The Year Award   Nigeria LNG Limited (NLNG) won the Gas Company of The Year Award at the recently concluded 12th Nigerian Gas Association (NGA) Biennial International Conference and Awards Event.   NLNG was recognised for outstanding contributions to the gas industry in Nigeria. This is coming on the heels

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TOTAL: STÉPHANE MICHEL now President Gas, Renewables & power

TOTAL: STÉPHANE MICHEL now President Gas, Renewables & power     Stéphane Michel is President Gas, Renewables & Power (GRP) and a Total Executive Committee member, a position previously held by Philippe Sauquet, who has exercised his retirement rights.   Since January 2014, Stéphane Michel had been SVP Middle East & North Africa, Exploration & Production. Laurent

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TOTAL, Microsoft partner to drive digital innovation and net-zero goals

TOTAL, Microsoft partner to drive digital innovation and net-zero goals   Total and Microsoft have agreed to collaborate as strategic partners to further digital transformation and support progress toward net-zero emissions. According to Total, the dynamic development of Microsoft and Total in their respective areas of expertise and their rich histories of innovation brings many

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