Oil & Gas

The divestment story in Nigeria’s petroleum upstream sector has been a success case in terms of value creation, realisation and retention for the economy, the Chief Operating Officer, Seplat Energy Plc, Mr. Samson Ezugworie has said. According to the Seplat Energy COO, whilst the International Oil Companies put their focus on deep water activities – […]

Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo has restated the commitment of the President Bola Tinubu-led Federal Government in supporting the West African Gas Pipeline (WAGP) Project realize its full potential and objectives. Ekpo stated this yesterday in his speech at the WAGP Authority Committee of Ministers (COM) meeting in Cotonou, Benin Republic assuring

Lokpobiri pledges full support for expansion plans of Waltersmith Refinery   The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has pledged his full support for the expansion plans of Waltersmith Refinery. The Minister made this pledge during his official visit to the Waltersmith Refinery located in Ibigwe, Imo State. During the visit, Lokpobiri

OIL MARKET: OPEC shifts events to 51st JMMC Meeting, others to November 30   By Eyo Nsima The Organisation of Petroleum Exporting Countries, OPEC, has postponed major events, targeted at achieving stability in the global oil market to November 30, 2023. In a statement obtained by The Daily, www.thedaily-ng.com, it stated: “The 187th Meeting of the

Hope rises for CNG, LPG as Portland Gas performs ground breaking in Lagos   By Eyo Nsima Hope has risen increased supply of Compressed Natural Gas, CNG, Liquefied Petroleum Gas, LPG and other cleaner fuels for domestic and industrial purposes as Portland gas Limited performs ground breaking in Lagos. Speaking at the event the Chief Executive

Minister Commends Waltersmith Refinery, NCDMB for Improving Domestic   Refining Capacity The Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, has commended Waltersmith Group and the Nigerian Content Development and Monitoring Board (NCDMB) for supporting the Federal Government agenda of improving domestic refining capacity. Speaking on Tuesday during a facility tour of Waltersmith Petroman

Africa should reposition the energy industry for the future and become much more efficient with its energy resources, the Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown has said. He urged African countries to accept the fact that energy has a key role to play in the future of the continent, and the integration