Tinubu appoints Kida, Ojulari new NNPC leaders | Sacks long time friend as chairman
In a significant move, President Bola Ahmed Tinubu has reconstituted the Nigerian National Petroleum Company (NNPC) Limited board, appointing a new chairman and group CEO. According Bayo Onanuga, presidential spokesperson,…
NNPC begins assessment of potential partners ahead of stock exchange listing
The Nigerian National Petroleum Company (NNPC) Limited has commenced the evaluation of potential partners in preparation for its Initial Public Offering (IPO) on the Nigerian Stock Exchange. This move is…
NLNG commits to improving operational efficiency in domestic LPG supply
The Nigeria Liquefied Natural Gas (NLNG) company has reaffirmed its commitment to enhancing the operational efficiency of its domestic Liquefied Petroleum Gas (LPG) supply in Nigeria. This move is part…
Breaking: Dangote Refinery halts sale of products in naira
Dangote Petroleum Refinery has temporarily suspended the sale of petroleum products in naira due to a currency mismatch between its revenue and crude oil purchase obligations, which are denominated in…
Police arrest two after explosion at Trans-Niger oil pipeline in Rivers
A fire incident occurred at the Trans-Niger Delta Pipeline, operated by the Shell Petroleum Development Company (SPDC), in Rivers State, on Monday night. The pipeline is located at the border…
Savannah Energy acquires SIPEC
Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter, is pleased to announce, further to its announcement of 19 March 2024, that it…
Like Dangote, NNPC adjusts petrol price | Now ₦860
Nigerian National Petroleum Company (NNPC) Limited has adjusted the petrol pump price to N860 per litre. Although there is no official communication from the NNPC Retail yet, some stations in…
SEE-IT Programme: Accugas grants full varsity scholarships to 50 Akwa Ibom, Cross River students
Accugas Limited, the midstream subsidiary of Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter, is pleased to announce that it has granted…
Getting Messier: Crude oil cargo owned by Arise News owner impounded over First Bank debt
The legal battle between Femi Otedola’s First Bank and Nduka Obaigbena’s General Hydrocarbons Limited has intensified. Latest development indicates that the Federal High Court in Port Harcourt has granted an…
FG targets three million bpd crude oil production by 2025
Heineken Lokpobiri, minister of state for petroleum resources (oil), says the federal government has plans to achieve a target of three million barrels per day (bpd) in crude oil production…
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