Seplat Energy PLC, a leading Nigerian energy company dual listed on both the Nigerian and the London Stock Exchanges, is pleased to announce that Mr. Basil Omiyi, CON, has been appointed as the Company’s new Independent Non-Executive Chairman, effective immediately. His appointment follows a thorough assessment of internal and external candidates and was approved after […]
NLNG wins Most Supportive Taxpayer Award By Eyo Nsima Nigeria LNG Limited has been recognised by the Federal Inland Revenue Service (FIRS) as its most Supportive Tax Payer. This recognition was conveyed via a Press Release issued by the Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami, in which he commended the
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By Godswill Odiong Nigeria’s leading energy supplier, Seplat Energy Plc on Tuesday in Abuja launched its Tree4Life initiative, saying it will drive energy transition, socio-economic change and improving lives. “In a keynote address, Mr Roger Brown, CEO, Seplat Energy Plc said the company is driving the country’s energy transition towards cleaner, more reliable energy that
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The panel of judges for The Nigeria Prize for Science has received the entries from scientists worldwide for the 2022 edition, signalling the commencement of the race to find a winner with the best scientific or research work on the theme “Innovations in Sustainable Food Security.” The prize, worth $100,000, is sponsored by Nigeria LNG
NLNG’s Science Prize judges receive 107 entries for 2022 cycle Read More »
… Empathise with all users of petroleum products The Major Oil Marketers Association of Nigeria (MOMAN) has debunked claims by the Airline Operators of Nigeria (AON) that the cost of Aviation Turbine Kerosene (ATK), also known as aviation fuel, had risen to about N700 per litre from N190 per litre in some parts of the
Aviation fuel selling between 540 and 580 per litre-MOMAN Read More »
ENERGY TRANSITION: IOCs shift to gas as environmentalists, others battle against fossil fuel By Eyo Nsima The International Oil Companies, IOCs, have started shifting toward gas as environmentalists and others battle against fossil fuel production and consumption, according to African Energy Chamber, AEC. In its latest report, ‘The State of African Energy 2022’,
By Eyo Nsima The International Oil Companies, IOCs, have started shifting toward gas as environmentalists and others battle against fossil fuel production and consumption, according to African Energy Chamber, AEC. In its latest report, ‘The State of African Energy 2022’, obtained by The Daily (www.thedaily-ng.com), AEC, stated: “The shift away from crude oil is influenced
By Eyo Nsima Oil prices have risen to $115 per barrel as speculation spreads that further supply disruptions are imminent in the volatile market. For instance, the price of Nigeria’s Bonny Light, rose to $115.1 per barrel, from $108 per barrel, recorded on Thursday, this week. A close market watcher said, “The oil market is
BREAKING: Oil prices leap further to $115 per barrel on supply disruptions Read More »
OIL MARKET: Brent, other Crudes prices rise over $108 per barrel as European Commission bans Russian oil By Eyo Nsima The prices of Brent and other crudes have risen over $108 per barrel as the European Commission, EC, officially proposed a full ban on Russian crude and oil product imports by the end of 2022.
By Eyo Nsima The price of Nigeria’s Bonny Light, has risen to $109.6, from $106 per barrel, in the international market. The current market situation is mainly fueled by the Ukraine war, which has disrupted supply, thus bringing about instability. .Details coming later
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