Category: Energy

OPEC Cuts 2025 Oil Demand Forecast
April 15, 2025 No Responses

OPEC Cuts 2025 Oil Demand Forecast

The Organization of the Petroleum Exporting Countries (OPEC) on Monday slightly cut its forecast for oil demand growth, citing the impact of US tariffs on the world economy. In its Monthly Oil Market Report (MOMR) for April, the Secretariat now...
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Seplat Energy Sustainability Commitments Are Largely Long-Term, Says COO
April 13, 2025 No Responses

Seplat Energy Sustainability Commitments Are Largely Long-Term, Says COO

Seplat Energy Plc has restated its commitments to energy sustainability as it impacts people, environment and corporate governance, stressing that its focus is long-term with dividends accruable beyond today.The Chief Operating Officer, Seplat Energy, Mr. Sams...
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NSML,Temile Development Company Sign Letter of Intent
April 10, 2025 No Responses

NSML,Temile Development Company Sign Letter of Intent

Photo Caption: Alfred Temile, Managing Director/CEO, Temile Development Company Limited (Left) and Abdulkadir Kere Ahmed, Managing Director/CEO of NLNG Shipping and Marine Services Limited (NSML) after signing Letter of Intent in London on Wednesday. NLNG Ship...
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Naira-For-Crude: FG Directs Full Implementation
April 10, 2025 No Responses

Naira-For-Crude: FG Directs Full Implementation

The Federal Executive Council (FEC) has ordered the full implementation of the previously suspended Naira-for-Crude agreement with local refiners. According to the federal government (FG), the initiative is not a temporary measure but a “key policy directive...
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NLNG Reintroduces N1b MSME Scheme For Host Communities
April 9, 2025 No Responses

NLNG Reintroduces N1b MSME Scheme For Host Communities

NLNG has officially reintroduced its MSME scheme in partnership with the Bank of Industry, Nigeria (BOI), “setting the stage for meaningful economic transformation in our host communities and Gas Transmission areas”.The ₦1billion fund offers acce...
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NNPCL Appoints New Senior Management Team
April 5, 2025 No Responses

NNPCL Appoints New Senior Management Team

The Nigerian National Petroleum Company Limited (NNPCL) has announced the appointment of a new eight-man Senior Management Team. The recent announcement followed the appointment of the Group Chief Executive Officer (GCEO) and Board of Directors. Disclosing thi...
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PCNGi To Inaugurate CNG Refuelling Stations In Abuja, Abia, Enugu, Kogi, Ekiti, Others
April 4, 2025 No Responses

PCNGi To Inaugurate CNG Refuelling Stations In Abuja, Abia, Enugu, Kogi, Ekiti, Others

The Presidential Compressed Natural Gas Initiative (PCNGI) has concluded plans to inaugurate new CNG refuelling stations across five states and the federal capital territory (FCT).In a statement on Friday, Kenechukwu Chukwu, head of stakeholder management and ...
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Seplat Energy Joins EITI As Supporting Company
April 4, 2025 No Responses

Seplat Energy Joins EITI As Supporting Company

Nigeria’s leading indigenous energy company, Seplat Energy Plc, in 2024, became a registered EITI Supporting Company, reinforcing the Company’s commitment to transparency, accountability, and global best practices.  This milestone was recognized on th...
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Tinubu Reconstitutes NNPC Board, Appoints Ojulari Group CEO
April 2, 2025 No Responses

Tinubu Reconstitutes NNPC Board, Appoints Ojulari Group CEO

President Bola Ahmed Tinubu has approved the reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, removing the chairman, Chief Pius Akinyelure and the group chief executive officer, Mallam Mele Kolo Kyari. City Business News reports ...
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MRS Oil Exits NGX
March 29, 2025 No Responses

MRS Oil Exits NGX

MRS Oil has concluded arrangements for the voluntary delisting of all its issued shares from the Nigerian Exchange Ltd. (NGX) and subsequent admission to the NASD OTC Securities Exchange.In a corporate disclosure on Friday through the Nigerian Exchange, the co...
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NLNG Science Quiz For Rivers Schools To Focus On Advancing Renewable Energy Innovations
March 28, 2025 No Responses

NLNG Science Quiz For Rivers Schools To Focus On Advancing Renewable Energy Innovations

NLNG has kicked off the 2025 edition of its annual Science Quiz and Science Project Exhibition, with a sharp focus on advancing renewable energy innovations among secondary school students in Rivers State.The 2025 edition, which commenced on Wednesday, is desi...
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NNPCL Set For Initial Public Offer
March 27, 2025 No Responses

NNPCL Set For Initial Public Offer

The Nigerian National Petroleum Company Limited (NNPC Ltd) is at the final stage of getting listed in the capital market, in keeping with the provisions of the Petroleum Industry Act (PIA) 2021.This was disclosed by the Company’s Chief Finance and...
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Federal Character: Senate Probes NNPC, NAFDAC, NUPRC, Others
March 26, 2025 No Responses

Federal Character: Senate Probes NNPC, NAFDAC, NUPRC, Others

The Senate has directed its Committee on Federal Character and Inter-Governmental Affairs to conduct a thorough investigation hearing into all Ministries, Departments, and Agencies (MDAs) to determine their level of compliance with Sections 14(3) and 14(4) of ...
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NSML Unveils New Logo, Reiterates Commitment
March 25, 2025 No Responses

NSML Unveils New Logo, Reiterates Commitment

NLNG Shipping and Marine Services Limited (NSML) has launched its new company logo, marking a significant turning point in the Company’s evolution into a leading integrated marine services company and its growth, diversification, and expansion into new marke...
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