The Liquefied Petroleum Gas Retailers Association of Nigeria has called on consumers to actively monitor their gas refills and described allegations of underfilling as unfounded. The association was responding to a report published in November which alleged widespread underfilling by LPG retailers. In a statement signed by the NUPENG Branch Chairman of the association, Ayobami Olarinoye, LPGAR acknowledged isolated cases ...
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Jim Swartz, Chairman and Managing Director, Chevron Nigeria Limited Nigerian content development is critical for the growth and development of the nation as it progresses in its quest to acquire oil and gas technology and build indigenous capacity in the oil and gas industry. Chairman and Managing Director of Chevron Nigeria and Mid-Africa Business Unit, Jim Swartz made this remark ...
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The Executive Secretary, NCDMB, Engr. Felix Omatsola Ogbe in a group photograph with Honourable Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, Honourable Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperipe Ekpo, Chairman, Senate Committee on Local Content, Senator Natasha Akpoti-Uduaghan and other dignitaries at the NCDMB exhibition booth at the ongoing 13th Practical Nigerian Content Forum ...
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Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter, today provided a comprehensive update on its operating performance and outlook, while also outlining its FY25 plans for the existing portfolio in Nigeria and Niger.The update shows that its gross production in Nigeria has averaged 22.7kboe/d (88% gas; flat YoY), generating Total Income of ...
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he Nigerian National Petroleum Company Limited has expressed its commitment to advancing local content development in Nigeria’s energy sector and drive sustainable growth of the industry. The Group Chief Executive Officer,GCEO, Mallam Mele Kyari,expressed this at the ongoing 13th Practical Nigerian Content (PNC) Forum in Yenagoa,Bayelsa State, according to a statement on Wednesday. Olufemi O. Soneye,Chief Corporate Communications Officer,NNPC Ltd, ...
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The Petroleum and Natural Gas Senior Staff Association of Nigeria, (PENGASSAN) says the proposed tax reform bills will stifle explorative activities in the country’s oil and gas sector. It also said that Nigeria Upstream Regulatory Commission (NUPRC) and the Nigeria Mid and Downstream Petroleum Regulatory Authority (NMDPRA) would be negatively impacted if the bill sails through. President of PENGASSAN, Festus ...
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Oil prices rose on Monday, as strong factory activity in China buoyed hopes of higher demand, and as escalating tensions in the Middle East, where Israel resumed attacks on Lebanon despite a ceasefire deal, spurred supply concerns. According to Reuters, Brent crude futures climbed 36 cents, or 0.49%, to $72.20 a barrel by 10:44 a.m. EST (1544 GMT) while U.S. ...
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The Federal Government of Nigeria and France have entered into a historic agreement to develop joint projects aimed at promoting and diversifying the value chain of critical minerals in the solid minerals sector. The partnership, which was formalized through a Memorandum of Understanding (MoU), promises to open new opportunities in the mining industry, particularly in the remediation of over 2,000 ...
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The highly anticipated Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) will return for its significant 9th edition at the Eko Convention Centre in Lagos from 11-13 February 2025. Organized by the Petroleum Technology Association of Nigeria (PETAN), this event promises to showcase a host of multi-billion-dollar project opportunities and bring together key industry players from across the continent. Strategically ...
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Photo: Aigboje Aig-Imoukhuede, President, France-Nigeria Business Council and Chairman, Access Holdings (first right); Olawale Edun, Minister of Finance (second right), and others at one of the meetings of the France-Nigeria Business Council in Paris, France…recently. Aigboje Aig-Imoukhuede, President of the France-Nigeria Business Council (FNBC) and Chairman of Access Holdings PLC, has highlighted the deepening ties between the two nations, emphasising ...
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