March 4, 2026
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Oil & Gas

Sahara Group celebrates 25 years of global expansion, operational efficiency

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Sahara Group celebrates 25 years of global expansion, operational efficiency   Executive Director, Sahara Group, Temitope Shonubi has said the energy conglomerate’s impressive growth trajectory since 1996 has been driven by knowledge, business integrity, humility, diverse people and robust global network. “These past 25 years, knowledge has been the empowering tool for Sahara, business integrity […]

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NIPS 2021 to produce oil and gas industry action plan for the post-Covid-19 pandemic era

NOGEC designed to achieve cost reduction, increase production, and value maximization in oil and gas  industry

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NOGEC designed to achieve cost reduction, increase production, and value maximization in oil and gas  industry   By Chief Timipre Sylva     It is my profound delight to warmly welcome all in attendance, both physically and virtually, to this historic event – the commissioning of the National Oil and Gas Excellence Centre (NOGEC) situated

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Seplat Energy’s gas revenue grows to $63.7 million year-on-year

SEPLAT reopens office in Lagos, Nigeria as Court suspends Order

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SEPLAT reopens office in Lagos, Nigeria as Court suspends Order   Seplat Petroleum Development Company Plc, a leading indigenous Nigerian oil and gas exploration and production company with a strategic focus on Nigeria, has disclosed that the Court of Appeal has suspended the Order of Interlocutory Injunctions made by the Lagos Federal High Court that led to the

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Cooking Gas: NLPGA celebrates as Nigeria exceeds One Million Metric Tonnes Consumption per year

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Cooking Gas: NLPGA celebrates as Nigeria exceeds One Million Metric Tonnes Consumption per year   By Eyo Nsima   The Nigeria LPGas Association, NLPGA, has rolled out its drums to celebrate as Nigeria exceeds One Million Metric Tonnes of the Liquefied Petroleum Gas, LPG, consumption per year.   The association disclosed that, “The year 2020

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FENRAD urges President Buhari to publish NDDC Forensic Audit Report

We’ll utilise petroleum revenue to develop Nigeria’s non-oil sector — President Buhari

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We’ll utilize petroleum revenue to develop Nigeria’s non-oil sector — President Buhari     President Muhammadu Buhari, has promised to utilize the oil and gas revenue for diversification of Nigeria’s economy.   The President, who spoke at the virtual inauguration of the National Oil and Gas Excellence Centre at the Department of Petroleum Resources headquarters, Lagos,

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BREAKING: Oil prices fall to $73.07 per barrel despite dropping inventory

Oil Market: Prices rise to $56.31 on US President  inauguration

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Oil Market: Prices rise to $56.31 on US President  inauguration   THE prices of many crudes have risen in excess of $56.31 in the global market because of the expectation that the United States, President-elect Joe Biden, would ‘act big’ in fighting the Coronavirus pandemic. The COVID-19 has culminated in the reduction of economic and other

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Cooking gas consumption in Nigeria rises by 60.5%  --- PPPRA

Cooking gas consumption in Nigeria rises by 60.5%  — PPPRA

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Cooking gas consumption in Nigeria rises by 60.5%  — PPPRA   The Petroleum Products Pricing Regulatory Agency, PPPRA, said over one million metric tonnes (mt) of Liquefied Petroleum Gas was consumed in 2020. In a statement obtained by The Daily, http://www.thedaily-ng.com, the Executive Secretary, Abdulkadir Saidu, disclosed that 840,594.37 MT of LPG was consumed in 2019, thus indicating an

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$1.1bn OML 17 investment to benefit FG, communities, Nigeria’s economy — TNOG

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$1.1bn OML 17 investment to benefit FG, communities, Nigeria’s economy — TNOG   THE $1.1 billion Oil Mining License, OML 17 deal undertaken by TNOG Oil and Gas Limited, a related company of Heirs Holdings and Transcorp would be beneficial to the Federal Government, communities and the entire nation’s economy. Chief Finance Officer, TNOG, Samuel

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