Nigeria Generates $831.14b From Oil, Gas In 24 Years

Nigeria Generates $831.14b From Oil, Gas In 24 Years

Nigeria generated over $831.14 billion in revenue from the oil and gas sector between 1999 and 2023, the Nigeria Extractive Industries Transparency Initiative (NEITI), has declared.  NEITI’s Executive Secretary, Ogbonnaya Orji, stated this on Monday when he appeared before the...
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Dangote Refinery Crashes Ex-Depot Price Of PMS To N890

Dangote Refinery Crashes Ex-Depot Price Of PMS To N890

Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890 per litre, effective from Saturday, February1, 2025. A statement sent to City Business News explained that the  price adju...
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Bayelsa Cabinet Approves Purchase Of 60mw Gas Turbines

Bayelsa Cabinet Approves Purchase Of 60mw Gas Turbines

The Bayelsa State Executive Council has approved the purchase of 60 megawatts gas turbines to boost electricity supply in the state.A statement issued byChief Press Secretary, Daniel Alabrah, explained that the state cabinet gave the approval during its 151st ...
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Photo News

Photo News

The Managing Director/CEO, Nigeria LNG, Dr. Philip Mshelbila (4th from right), along with General Managers Nnamdi Anowi (Production), Joseph Alagoa (Corporate Services), and Dr. Sophia Horsfall (External Relations & Sustainable Development, 4th from left),...
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IGR: Edo Inland Revenue Service Lauds NNPC

IGR: Edo Inland Revenue Service Lauds NNPC

The Executive Chairman, Edo State Internal Revenue Service (EIRS,) Hon. Oladele Bankole-Balogun has commended the leadership of the Nigerian National Petroleum Corporation (NNPC) E&P Limited for their contributions to the Internally Generated Revenue (IGR)...
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Photo News

Photo News

The Managing Director/CEO, Nigeria LNG, Dr. Philip Mshelbila (right) and Authority Chief Executive (ACE) of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed, after a high-level engagement between representatives...
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Nigeria Pledges 50% Renewable Energy

Nigeria Pledges 50% Renewable Energy

President Bola Tinubu has reiterated Nigeria’s commitment to achieving universal energy access by 2030, emphasizing the government’s target of increasing renewable energy to constitute 50% of the national energy mix. The President disclosed this during his...
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Lanre Shittu Motors Expands CNG Market Share

Lanre Shittu Motors Expands CNG Market Share

Lanre Shittu Motors has unveiled plans to add more value to the auto commercial segment with its newly unveiled LSM brand .Managing Director of thecompany, Mr Taiwo Shittu, says the auto firm is pushing its LSM brand hard to dominate...
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NLNG Rebrands Fleet With New Logo 

NLNG Rebrands Fleet With New Logo 

Brilliant to see our fantastic new ‘swivel logo’ proudly added to the funnel of LNG Akwa Ibom as part of her refit, the Nigeria LNG explained on Thursday on the company’s social media platforms. City Business News reports that LNG...
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Seplat Energy To strengthen Partnership With Akwa Ibom State

Seplat Energy To strengthen Partnership With Akwa Ibom State

Seplat Energy Plc is to partner Akwa Ibom State Government for sustainable development. This was disclosed during a courtesy visit to the State Governor, Pastor Umo Eno, by a Seplat delegation led by the Board Chairman, Senator Udo Udoma, in...
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GOC Commends Troops For Contributions To Increased Oil Production

GOC Commends Troops For Contributions To Increased Oil Production

The General Officer Commanding (GOC) of 6 Division, Nigerian Army (NA), Major General Jamal Abdussalam, has praised the efforts of his troops for significantly boosting oil production in the Niger Delta Region (NDR) over the past year.VIn his farewell address....
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Portugal To Import More U.S., Nigerian LNG

Portugal To Import More U.S., Nigerian LNG

PORTUGAL plans to increase purchases of liquefied natural gas (LNG) from the United States and Nigeria as it aims to end already dwindling supplies from Russia. Environment Minister Maria da Graca Carvalho said on Tuesday that Portugal imported 49,141 gigawatt...
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NLNG Seeks Increased Partnership With NPA

NLNG Seeks Increased Partnership With NPA

As part of measures to provide the operational collaboration necessary to grow exports, Managing Director/CEO, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, on Monday received the Chief Executive Officer, Nigeria LNG, Dr. Phillip Mshelbila at NPA Head...
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MRS, Ardova, Heyden To Sell Dangote Petrol At ₦970/Litre 

MRS, Ardova, Heyden To Sell Dangote Petrol At ₦970/Litre 

The management of Dangote Petroleum Refinery, on Sunday explained that the recent adjustment in ex-depot price of Premium Motor Spirit (Petrol) is directly related to the significant increase in global crude oil prices.   The company in a statement i...
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