Tag: Oil and Gas

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 company...
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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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DANGOTE SUSPENDS SALES OF PETROLEUM PRODUCTS IN NAIRA
March 19, 2025 No Responses

DANGOTE SUSPENDS SALES OF PETROLEUM PRODUCTS IN NAIRA

The management of Dangote Petroleum Refinery has temporarily halted the sale of petroleum products in Naira.In a statement issued on Wednesday, the company explained that the decision is necessary to avoid a “mismatch between our sales proceeds and our c...
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NCDMB Launches ‘Champions Of Nigerian Content Awards’
March 17, 2025 No Responses

NCDMB Launches ‘Champions Of Nigerian Content Awards’

The Nigerian Content Development Monitoring Board (NCDMB), in partnership with Sweetcrude Limited, publishers of SweetcrudeReports, is pleased to announce the launch of the ‘Champions of Nigerian Content Awards’. This prestigious awards ceremony ai...
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TotalEnergies To Sustain Oil, Gas Partnership With Nigeria
March 15, 2025 No Responses

TotalEnergies To Sustain Oil, Gas Partnership With Nigeria

TotalEnergies will continue to partner with Nigeria in development of key oil and gas assets to support Governments revenue generation and community development.The Managing Director of the company, Matthieu Bouyer, gave the assurances during the tour of the T...
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NCDMB Boss Seeks Africa-Wide Local Content Framework
February 27, 2025 No Responses

NCDMB Boss Seeks Africa-Wide Local Content Framework

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has charged oil and gas industry stakeholders in Africa to institute an Africa-wide local content framework that harmonises policies and fosters cros...
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NCDMB Boss Visits Samsung, Africoat
February 18, 2025 No Responses

NCDMB Boss Visits Samsung, Africoat

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe on Monday visited the facilities of Samsung Heavy Industries Nigeria (SHIN), and Africoat Nigeria Limited, a pipe coating plant, located at Takwa Bay,...
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Dangote Refinery Reduces Diesel Price To N1,020 Per Litre
February 11, 2025 No Responses

Dangote Refinery Reduces Diesel Price To N1,020 Per Litre

Dangote Petroleum Refinery & Petrochemicals has reduced the cost of its diesel product to N1,020 per litre, down from N1,075 per litre at the gantry price, in an effort to better serve its customers and Nigerians in general.Since it began...
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NLNG Photo News
February 5, 2025 No Responses

NLNG Photo News

L-R: The Managing Director/CEO, Nigeria LNG, Philip Mshelbila; Governor of Rivers State, Sir Siminalayi Fubara and Nigeria LNG’s General Manager, External Relations and Sustainable Development, Dr Sophia Horsfall at the Government House, Port Harcourt fo...
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Nigeria Generates $831.14b From Oil, Gas In 24 Years
February 4, 2025 No Responses

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...
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FG Targets Oil Production In Ogoniland
January 22, 2025 No Responses

FG Targets Oil Production In Ogoniland

President Bola Tinubu on Tuesday directed the National Security Adviser (NSA), Nuhu Ribadu, to coordinate negotiations with various parties within Ogoniland in the oil-rich Niger Delta area to resume oil production in the area. The President, who gave the dire...
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Kyari: NNPCL Remitted ₦10tri In 2024
January 16, 2025 No Responses

Kyari: NNPCL Remitted ₦10tri In 2024

For the year 2024, the Nigerian National Petroleum Company Limited (NNPCL) remitted ₦10 trillion to the federation account.  The Group Chief Executive Officer (GCEO), NNPCL, Malam Mele Kyari stated this on Wednesday during a presentation on NNPCL’s 20...
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SERAP To NNPCL: Account For N825b, $2.5b For Refinery Repairs
January 6, 2025 No Responses

SERAP To NNPCL: Account For N825b, $2.5b For Refinery Repairs

The Socio-Economic Rights and Accountability Project (SERAP) has urged the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari to “account for and explain the whereabouts of the alleged missing N825bn and $2.5...
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PETROAN Seeks ₦100b Grant From FG
January 5, 2025 No Responses

PETROAN Seeks ₦100b Grant From FG

The Petroluem Products Retail Outlets Owners Association of Nigeria (PETROAN) has appealed to President Bola Tinubu to approve ₦100bn grant to help oil marketers stay afloat.  In a statement on Saturday, titled PETROAN’S Retrospect of Nigeria’s Oil ...
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