Energy

OPEC tasks oil, gas industries on reducing emission

The Organisation of Petroleum Exporting Countries (OPEC) says the oil and gas industry must leverage world’s most cutting-edge technologies and…

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Focus on increasing domestic refining, IPMAN urges FG

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has advised the Federal Government to remain focused on increasing Nigeria’s domestic…

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Oil prices have surged despite new measures aimed at calming markets worried by the invasion of Ukraine

By Niyi OlawaleBrent crude – the international benchmark for oil prices – has hit $113 a barrel, marking the highest…

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Seplat Energy and ExxonMobil Transaction – No Event of Cancellation has occurred

: Seplat Energy has become aware of newspaper and social media reports that the Nigerian National Petroleum Company Limited (“NNPC”)…

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Seplat Energy grows 2021 full-year PBT by 321.1% to N71bn

… declares US2.5 cents per share for Q4 By Ayo Fadimu Seplat Energy Plc (“Seplat Energy” or “the Company”), a…

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NIES outcomes beneficial to Nigeria….FG

The Federal Government says outcomes from the past editions of the Nigerian International Energy Summit (NIES) have been embraced and…

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Seplat Acquires Exxonmobil Equity for $1.2bn

Seplat Energy Plc has announced the acquisition of ExxonMobil stakes in assets in Oil Mining Lease(OML) 67, 68,70, and 104…

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FG to distribute additional 4 Million Meters to households.

 By Sam Osuwo -Lafia.     The Federal Government has indicated readiness to distribute over Four Million additional electricity Meters to…

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FG sets to improve oil production amidst crude price increase……..Minister

The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the Federal Government is deepening effort to spur oil…

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Energy group urges Buhari to appoint substantive MD for TCN

Partners for Petroleum and Energy Sector Prosperity Initiative (P-PESPI) an energy group, has appealed to President Muhammadu Buhari to appoint…

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