Oil & Gas

…Oando promotes employee growth & development within its organization Oando has appointed Adeola Ogunsemi, Chief Financial Officer, Oando to become the newest member of its board following the resignation of Olufemi Adeyemo who was close to retirement having served the company for over 16 years. Olufemi joined Oando in October 2005 and with his extensive […]

Following the engagement between NMDPRA, NNPC, PTD, NARTO, and NUPENG, the parties resolved as follows: 1. Road Rehabilitation  NNPC provided updates on the current status of the road construction and rehabilitation projects under the road infrastructure tax credit scheme and assured the stakeholders (NUPENG, NARTO and PTD) that the funding earmarked for the 21

By Eyo Nsima The Nigeria LNG Limited (NLNG) said its attention has been drawn to a news story, captioned, “EXCLUSIVE: How Top Officials In Nigerian Corporations, NLNG, NNPC Operate International Cartels, Illegally Ship Over $1billion Oil To US, South American Countries.” According to the company, “The report is false and malicious and is obviously calculated

TotalEnergies and Honeywell today announced a strategic agreement to promote the development of advanced plastic recycling. Under this agreement, Honeywell will agree to supply TotalEnergies with Recycled Polymer Feedstock (RPF) using Honeywell’s UpCycle Process Technology at the recently announced Honeywell and Sacyr advanced recycling plant, intended to be built in Andalucía, Spain. TotalEnergies will purchase

…As NNPC CEO assures fuel queues will vanish in few days The Chairman, House of Representatives Committee on Petroleum (Downstream), Hon. Abdullahi Mahmud Gaya has assured Nigerians that his Committee will handle companies who imported methanol-blended Premium Motor Spirit (PMS) into the country. The Chairman was responding to a question from one of the Committee

By Godswill Odiong Member Companies of Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has empathised with Nigerians on the current hardships faced in the unfortunate event of the importation of some quantities of off-spec Premium Motor Spirit (PMS). DAPPMAN’s Chairperson, Dame Winifred N. Akpani, stated this in a statement issued recently in Lagos.

By Godswill Odiong The Major Oil Marketers Association of Nigeria (MOMAN) has directed its members to work with the regulatory authorities and the Nigerian National Petroleum Company Ltd towards a resolution of the current fuel crisis. MOMAN’s Chairman, Mr Olumide Adeosun, confirmed the development in a statement issued recently in Lagos. He said: “Most importantly,

Seplat Energy Plc, a leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, in partnership with Conversations for Change (C4C) has announced the graduation of 15 Fellows from the duo’s entrepreneurship programme. The 2021 batch of Fellows have been equipped to begin their business empires, which are expected to grow

• Commissions ultra-modern valve assembling plant The Nigerian Content Development and Monitoring Board (NCDMB) has secured approval to launch a US$50 million fund for NOGAPS Manufacturing Product Line. This fund would be dedicated to companies that would operate in the Nigerian Oil and Gas Parks and engage in the manufacturing of equipment components used in