The Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened to shut down operations if the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) fails to pay an outstanding N100 billion in bridging claims. The Gombe Depot Chairman of IPMAN, Abdul…
NIES2025: Nigeria is Charting A Bold Path for Energy Growth, Investment and Economic Expansion – Oduwole
At the opening of the Nigeria International Energy Summit, Dr. Olajumoke Oduwole, Nigeria’s Minister for Industry, Trade, and Investment, reaffirmed the government’s commitment to fostering a robust and dynamic energy sector. Highlighting critical policy shifts, international engagements, and investment-friendly initiatives,…
NIES2025: Nigeria’s Energy Milestones in 2024 are Pivotal for Africa’s Energy Future – Verheijen
In a landmark address at Day one of the ongoing Nigeria International Energy summit, Olu Verheijen, Special Adviser to the President on Energy, reflected on Nigeria’s major energy sector achievements in 2024 and their broader implications for Africa’s energy transformation;…
Seplat Energy Clinches ‘Deal of the Year’ at New Telegraph Award
Seplat Energy Plc, a leading Nigerian energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, has clinched the ‘Deal of the Year’ Award at the recently held New Telegraph Newspaper Awards. Seplat Energy completed the…
HEDA to Host 38th ACSR Conference, Tackling Corruption and Ethical Governance in Nigeria
The Human and Environmental Development Agenda (HEDA Resource Centre) is set to convene the 38th edition of its flagship Anti-Corruption Situation Room (ACSR) on Thursday, February 27, 2025, in Abuja. This critical national dialogue will feature Professor Shehu Abdullahi as…
Africa: Afreximbank to Set up $1 Billion Oil Service Financing Facility in Guyana
Afreximbank Advocates for Increased Local Participation in Guyana’s Oil Value Chain In a significant announcement at the Guyana Energy Conference and Supply Chain Expo being held from, February 18 – 21, Prof. Benedict Oramah, President and Chairman of the Board…
Ojukwu Varsity Staff Call for Investigation of Fraud Allegations Against Acting Vice Chancellor
Some members of staff of Chukwuemeka Odumegwu Ojukwu University (COOU), Igbariam, have called on anti corruption agencies and relevant authorities to investigate the myriad of allegations against the Acting Vice-Chancellor of the University. The staff who were represented by Mr…
NNPC says Fire Outbreak at Cawthorne Channel 1 Barges Successfully Contained
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has stated that at approximately 14:10 hours on Wednesday, February 19, 2025, a fire incident occurred on the dry crude storage barge BESTAF5 at Cawthorne Channel 1, Rivers State. The fire, which…
Forbes: Aliko Dangote Regains Top Spot as Africa’s Richest – Ranked 86th in the World With Networth of $23.9bn
Billionaire Aliko Dangote has seen his wealth nearly double to $23.9 billion, according to Forbes, which ranks the Nigerian entrepreneur as the wealthiest person in Africa and 86th in the world. It would be recalled that Forbes ranked Aliko Dangote as…
HEIRS Energies Convenes Industry Titans To Drive Nigeria’s Oil and Gas Production Growth
Major Stakeholders and Strategic Leaders in Nigeria’s Oil and Gas industry are set to converge in Abuja, Nigeria’s capital on Thursday, February 20, 2025 in Transcorp Hilton Hotel at the 2025 Leadership Forum: Industry Leaders Discourse (ILD). Hosted by Heirs…