NNPCL: We Don’t Deal With Adulterated Products

NNPCL: We Don’t Deal With Adulterated Products

The Nigerian National Petroleum Company Limited (NNPCL) on Thursday said it does not deal with adulterated petrol. NNPCL Chief Corporate Communications Officer, Olufemi Soneye, in a statement said: “NNPC Retail Ltd does not deal in adulterated products as it adheres...
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NADDC Partners Schneider Electric On Renewable Energy 

NADDC Partners Schneider Electric On Renewable Energy 

The National Automotive Design and Development Council (NADDC) and Schneider Electric have commenced constructive deliberations on possible collaborative engagements aimed to further promote the use of renewable energy in Nigeria. Speaking at the engagement me...
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NCDMB Unveils Bell Oil And Gas’ Pipe Threading Plant

NCDMB Unveils Bell Oil And Gas’ Pipe Threading Plant

A multi-million-dollar pipe threading and valve assembly facility built by Bell Oil & Gas was commissioned on Tuesday at Lekki Free Zone, Lagos State by the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsol...
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Oando Wins ‘Deal Of The Year’ Award

Oando Wins ‘Deal Of The Year’ Award

Oando Plc, listed on the Nigerian Stock Exchange (NGX) and Johannesburg Stock Exchange (JSE) has emerged winner of the ‘Deal of the Year’ award at Africa Energy Week (AEW) 2024.The Africa Energy Chamber (AEC), the organisers of the annual week-long...
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Chevron Explains Fresh Agenda For Oil Exploration, Drilling In Nigeria, Others

Chevron Explains Fresh Agenda For Oil Exploration, Drilling In Nigeria, Others

Chevron Corporation has announced plans to increase its exploration holdings in African oil producers such as Nigeria and Angola. The company promised to ramp up its exploration efforts due to the anticipated potential for a production rebound in both countrie...
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Nigeria, Morocco, ECOWAS Advance $26b African Gas Pipeline Talks

Nigeria, Morocco, ECOWAS Advance $26b African Gas Pipeline Talks

The Nigerian Government has reaffirmed its commitment to go on with the $26 billion African Atlantic Gas Pipeline project in collaboration with Morocco, Mauritania, and the Economic Community of West African States (ECOWAS).  Representatives of Nigeria ex...
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PETROAN Accuses Dangote Of Trying To Stifle Competition

PETROAN Accuses Dangote Of Trying To Stifle Competition

Petroleum Products Retail outlets Owners Association of Nigeria (PETROAN) has accused Dangote Refinery of trying to suppress competitors in the downstream sector. The marketers’ accusation follows Dangote Refinery’s claim that marketers are complaining of ...
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Oando Reports N60.3b Profit, N2.9tri Revenue In 2023

Oando Reports N60.3b Profit, N2.9tri Revenue In 2023

Oando Plc has reported a Profit After Tax (PAT) of N60.3 billion in its audited financials for the year ended December 31, 2023.City Business News online reports that within the period, the company recorded a 43 per cent increase in...
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Dangote Refinery: We Sell At N960/litre Into Ships, N990 For Trucks

Dangote Refinery: We Sell At N960/litre Into Ships, N990 For Trucks

Dangote Refinery, on Sunday disclosed that it is selling petrol at a reduced rate of N960 per liter for supply via ships and N990 per liter for supply via trucks.A statement issued by Group Chief Branding and Communications Officer, Anthony...
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CNG: PCNGI, NADDC, Caution Against Illegal Conversion Centres

CNG: PCNGI, NADDC, Caution Against Illegal Conversion Centres

The Federal Government through the Presidential Compressed Natural Gas Initiative (PCNGI) and the National Automotive Design and Development Council (NADDC), at the weekend advised Nigerians to patronise only accredited centres for the conversion of their...
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At Lagos Trade Fair, Sanwo-Olu Harps On Renewable Energy, Green Business Practices

At Lagos Trade Fair, Sanwo-Olu Harps On Renewable Energy, Green Business Practices

Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu has reaffirmed the commitment of the state government to promoting green business practices and renewable energy. City Business News reports that Governor Sanwo-Olu stated this on Friday at the opening cerem...
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ABC Transport Expands Haulage Capacity At Lafarge Cement, Rolls Out CNG Trucks

ABC Transport Expands Haulage Capacity At Lafarge Cement, Rolls Out CNG Trucks

ABC Haulage, the heavy-duty trucking division of ABC Transport Plc, has expanded itscapacity at Lafarge Africa’s cement factory. City Business News reports that this strategic move includes the introductionof a fleet of Compressed Natural Gas (CNG) powered t...
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TotalEnergies Announces First Oil From Mero Field

TotalEnergies Announces First Oil From Mero Field

TotalEnergies has announced first oil from the third development phase of the Mero field on the Libra block, located 180 kilometers off the coast of Rio de Janeiro, Brazil, in the pre-salt area of the Santos Basin. Launched in August...
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NCDMB To Unveil New Contract Cycle Guidelines For Oil, Gas Industry

NCDMB To Unveil New Contract Cycle Guidelines For Oil, Gas Industry

The Nigerian Content Development and Monitoring Board (NCDMB) is gearing up to launch new Contracting Cycle Guidelines for the oil and gas industry in compliance with the Presidential Directives on Local Content announced by President Bola Ahmed Tinubu in Marc...
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