Oil & Gas

NNPC ₦287bn Profit: Kyari explains facts behind the figures

…As Sylva, Board Members Hail Corporation Following the Presidential applause for the Nigerian National Petroleum Corporation (NNPC) on its posting of ₦287bn profit after tax in the 2020 financial year, the Group Managing Director, Mallam Mele Kyari, has given an insight into the measures adopted by his management to achieve the feat. Speaking at a […]

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Sahara Group Delivers spectacular Saharalympics, signs Dan ‘The Bull’ Amokachi

Sahara Group provides 21% of energy to Nigeria  –  Buhari

    President Muhammadu Buhari has commended energy conglomerate, Sahara Group for hitting the landmark celebration of 25 years in business and operating as a foremost energy conglomerate that provides 21 per cent of power to Nigerians.   “I am particularly enthused that you provide about 21 per cent of power to Nigerians and distribute

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PIA: DPR, others collapse website, NUPRC takes over

DPR, SON collaborate to tackle proliferation of substandard lubricants

The Department of Petroleum Resources ( DPR) says it is collaborating with the Standards Organisation of Nigeria (SON) to curb the manufacturing and sale of substandard lubricants in the country. Engr. Sarki Auwalu, Director and Chief Executive Officer, DPR made the disclosure recently while unveiling the agency’s Downstream Remote Monitoring System ( DRMS) platform to

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BREAKING: Shunammite Foundation takes LPG Promotion to Ajegunle, Lagos

BREAKING: Shunammite Foundation takes LPG Promotion to Ajegunle, Lagos By Eyo Nsima Shunammite Foundation, a Non-Governmental Organization, has taken its cooking gas campaign to Ajegunle in Lagos. The campaign aims at encouraging households and others to shift from traditional energy sources to the use of cooking gas, known for its cleaner, cheaper and faster benefits.

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We did not present forge documents to House of Representative Committee — PPPRA

By Eyo Nsima The Petroleum Products Pricing Regulatory Agency, PPPRA, has said it did not present forged documents to the House of Representatives Committee on Finance. The PPPRA Assistant General Manager, Corporate Services, PPPRA, Kimshi Apollo, reportedly, said “There is nothing like forgery and we are bringing our document before the committee tomorrow (Thursday) and

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NNPC not behind depreciating value of Naira --- Investigation

House of Reps to Kyari: “GMD You Have Made Our Day”

…As Kyari Clarifies Revenue Projection for 2022-2024 Revenue Framework The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, on Wednesday, received accolades from the House of Representatives Committee on Finance for providing detailed explanations on some burning Oil Industry issues at an interactive session on the 2022-2024 Medium Term Expenditure

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West African coastal nations move to join region’s oil ‘Big Time’

By Godswill Odiong Hot on the heels of oil majors either exiting or cutting back their activities in West Africa, comes news of other players moving to fill the gap – in the coastal countries of Sierra Leone, The Gambia and Ghana, for instance. In other West African coastal countries – Senegal, Guinea-Bissau, Guinea, Liberia,

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NPDC, Ogoni People pledge cooperation on oil production

NPDC, Ogoni People pledge cooperation on oil production The leaders of Ogoniland in Rivers State under the auspices of the Ogoni Liberation Initiative have pledged to cooperate with the Nigerian Petroleum Development Company (NPDC) in the exploration and production of oil and gas resources in its territory. The Ogoni leaders made the pledge Tuesday at

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Seplat, Dr. Orjiako win global awards for outstanding indigenous performance

Seplat, Dr. Orjiako win global awards for outstanding indigenous performance Seplat Energy Plc and its Board Chairman, Dr. ABC Orjiako have emerged winners at the Energy & Corporate Africa Leadership Award Night/Dinner held last week at the Hilton Post Oak, Houston, Texas, United States for outstanding indigenous performance.     The award was the climax

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NNPC not behind depreciating value of Naira --- Investigation

BREAKING: NNPC cutting costs, works towards declaring profit

.Nigerians should plan to buy shares in future By Eyo Nsima The Group Managing Director, GMD, Nigerian National Petroleum Corporation, NNPC, Mele Kyari, Tuesday, said with the Petroleum Industry Act, PIA, the apex oil company, has become a commercial entity, under the Company and Allied Matters Act, CAMA. He said the company has started operating

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