The Transmission Company of Nigeria (TCN) has reported a disturbance in the national grid that occurred at approximately 11:29 AM, triggered by a sudden spike in frequency from 50.33Hz to 51.44Hz. Ndidi Mba spokesperson of TCN say immediate recovery measures were taken, with the Abuja Axis restored quickly, although further restoration efforts are ongoing. The frequency increase was traced to ...
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Oil Marketers Dismiss Off-Spec Allegation by Dangote, Insist Rigorous Testing are Conducted by NMDPRA and SON
…..As Dispute Escalates Over Alleged Substandard Fuel Imports in Nigeria….. The controversy surrounding the alleged importation of substandard petroleum products into Nigeria intensified on Thursday, with key oil marketers vehemently denying claims made by Dangote Refinery. The refinery’s accusations have raised concerns about the quality of imported petrol in the wake of the deregulation of Nigeria’s downstream oil sector. Dangote ...
Read More »NNPCL Refutes Claims Of Selling Adulterated Products
The Nigerian National Petroleum Company Limited (NNPC Ltd) says it does not deal in adulterated products, as it adheres to rigorous standards and quality control measures at every stage in its operations to ensure that only high quality, safe, and reliable petroleum products are available at its retail stations nationwide. The Company said this while refuting claims that fake and ...
Read More »NNPC, SPDC Donate $1Million to Borno Flood Victims
The Shell Petroleum Development Company of Nigeria Limited (SPDC JV) – Operator of the NNPC Limited, SPDC, TotalEnergies and Nigerian Agip Oil Company Joint Venture– has, announced the donation of US$1 million to support efforts to provide relief to over half a million people displaced in flood impacted communities of Borno State. “The donation will go into the procurement and ...
Read More »Edo Lawyers Raise Alarm Over Obaseki’s Swearing-in of New Accountant General
….Accuse him of ploy to withdraw all monies from Banks, Revenue Agencies…. The Network of Edo Lawyers has raised alarm over Governor Godwin Obaseki’s desperation to withdraw government money at every cost, this time swearing-in a new Accountant General for the purpose of stealing more money from bank and agencies. In a petition to EFCC and signed by Barrister Julius ...
Read More »Increased Crude Oil production: NCDMB Advocates Annual FID Week
As part of the strategies to increase Nigeria’s crude oil production and enhance revenueaccruing to the national treasury, the Nigerian Content Development and MonitoringBoard (NCDMB) has advocated for a week in each year to be dedicated to signing finalinvestment decisions (FIDs) on new oil and gas projects.The Executive Secretary, NCDMB, Engr. Felix Omatsola Ogbe made the proposal onTuesday in his ...
Read More »No Legal Dispute with Heyden Petroleum-AMCON
Asset Management Corporation of Nigeria (AMCON), said its attention has been drawn to a publication in the media regarding pending litigation between it and Heyden Petroleum Limited. AMCON hereby notify the general public that the agency and Heyden Petroleum Limited have settled all issues between them amicably, and Heyden Petroleum Limited has demonstrated commitment to meeting their obligations and has ...
Read More »Group Chief Executive of Oando Plc, Mr. Wale Tinubu Received the ‘Deal of the Year’ Award at Africa Energy Week
Oando Plc has been awarded the prestigious ‘Deal of the Year’ award at the Africa Energy Week, following the company’s successful $783million acquisition of Nigerian Agip Oil Company, NAOC, a significant milestone in its 30-year history. NAOC is the second IOC acquisition by Oando in the past decade, a major step in the company’s strategic plan to strengthen its operational ...
Read More »Decarbonisation: NNPC Advocates more Collaboration, Transparency among Parties
The Nigerian National Petroleum Company (NNPC) Ltd has called for more collaboration and transparency among parties in the global energy industry’s quest to phase out carbon emissions across the oil and gas valuechain and achieve net-zero by 2050. Group CEO NNPC Ltd, Mele Kyari made this call while speaking at a Strategic Panel Session titled “Decarbonising Operations across Upstream, Midstream ...
Read More »Chevron Nigeria Limited Ensures Comprehensive Measures for Candidate Testing Experience
Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Company Limited and CNL, is committed to providing a seamless and inclusive experience for all applicants participating in the selection tests for its available job opportunities. CNL’s strategy focuses on leveraging reputable organizations and technology. CNL retained Dragnet Solutions Limited (“DSL”), a provider of online assessment services ...
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