Petrobras eyes return to Nigeria’s oil sector as economic reforms gain momentum, Says VP Shettima
Vice-President Kashim Shettima has announced that Petrobras, Brazil’s state oil company, is seeking to re-enter Nigeria’s oil sector, specifically targeting frontier deepwater acreage. In a statement released on Wednesday, Shettima…
NNPC, Dangote Refinery forge alliance for Nigeria’s energy future
The Nigerian National Petroleum Company (NNPC) Limited and the Dangote Petroleum Refinery have committed to fostering mutually beneficial partnerships and healthy competition aimed at enhancing Nigeria's energy security. This pledge…
NNPC’s new CEO removes PH, Warri, Kaduna refinery MDs amid restructuring
Bayo Ojulari, the new Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Ltd, has removed the managing directors of the Kaduna, Port Harcourt, and Warri refineries.…
Women get top roles as Ojulari axes Kyari’s men in NNPC management overhaul
In a sweeping overhaul of its leadership structure, the Nigerian National Petroleum Company (NNPC) Ltd has dismissed several high-ranking executives. Notably among those affected are Bala Wunti, former head of…
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…