…unveils conference theme for 2025 The Society of Petroleum Engineers (SPE) Nigeria Council has reaffirmed its commitment to advancing the oil and gas sector, underscoring its crucial role in meeting the global energy needs in a safe, secure, and sustainable…
Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Chief Executive Officer (CEO) Joins African Energy Week (AEW) 2024 as Nigeria Advances Key Gas Pipeline Infrastructure
Farouk Ahmed, CEO of the Nigerian Midstream & Downstream Petroleum Regulatory Authority, has joined AEW: Invest in African Energy 2024 to showcase Nigeria’s regulatory progress and major midstream and downstream infrastructure projects Nigeria signed an agreement this month with Equatorial…
‘SPDC’s Support Nurturing Next-Generation Energy Experts’
A leading academic has identified the targeted investments in education by the Shell Petroleum Development Company (SPDC) Joint Venture as a catalyst for addressing Nigeria’s energy challenges. Professor Anene Moneke, Director of the NNPC/SPDC/TotalEnergies/NAOC Joint Venture Centre of Excellence in…
NNPC Ltd Releases 2023 Audited Financial Statement – Announces net profit of N3.297 trillion, dividend of N2.1 trillion
The Nigerian National Petroleum Company Limited (NNPC Ltd) has released its 2023 Audited Financial Statement (AFS), declaring a net profit of N3.297 trillion at the close of the financial year which ended in December 2023, an increase of over N700billion…
Angola Oil & Gas (AOG) 2024 Ministerial Panel to Outline Strategies for Accelerating Regional Integration
As Angola strives for increased oil and gas production, opportunities for regional collaboration in exploration, refining and petroleum distribution emerge With an investment pipeline of $60 billion planned for the next five years, Angola is well on track to maintain…
Ministers Lokpobiri, Uzoka-Anite, and Dangote endorse inaugural Nigerian Crude Oil Refining Summit
Feature Image Caption: L – R: CEO, Waltersmith Refinery, Muhammad Musa; Chairman CORAN/OPAC Refinery, Momoh Jimah Oyarekhua; President/CEO Dangote Refinery, Aliko Dangote; Executive Director, Dangote Group, Halima Aliko Dangote; Chairman/CEO Integrated Oil & Gas/Chairman, CORAN Board of Trustee, Captain Emmanuel Iheanacho (rtd); Chief Strategist, Legend & Legacy, Kunle Odusola-Stevenson & Group Chief Strategy Officer, Dangote Group, Aliyu Suleiman during a courtesy visit by Crude Oil Refinery-owners Association of Nigeria (CORAN) to Dangote Refinery in Lagos recently
Matrix Energy Group Debunks Allegations of Importation of Dirty Fuel
One of Nigeria’s downstream giant, Matrix Energy Group, has refuted allegations of importing dirty Premium Motor Spirit (PMS), also known as fuel. It says petroleum products it imported and supplied meet the specifications set by the Nigerian Midstream and Downstream…
NOGC: Moneda Invest to Raise $250 Million to Capitalize African Operators in Oil and Gas
The forth-coming Namibia Oil and Gas Conference (NOGC) billed for 20-22 August with the theme “THE NEXT STEP TOWARDS A PROSPEROUS OIL AND GAS INDUSTRY TO POWER NAMIBIA’S SUSTAINABLE FUTURE has speakers drawn from all around Africa and beyond. Mr.…
FINANCE MINISTER LEADS STRATEGIC MEETING ON NNPCL CRUDE SALES IN NAIRA
In a bold move to ensure the full implementation of the President Bola Ahmed Tinubu’s directive for the Nigerian National Petroleum Corporation Limited (NNPCL) to sell crude oil to local refineries in Naira, the Honourable Minister of Finance and Coordinating…
CORAN’s Inaugural Summit to Set Nigeria on the Path to Oil Refining Leadership
The Crude Oil Refinery-owners Association of Nigeria (CORAN) is launching the first Nigerian Crude Oil Refining Summit on October 7-8, 2024, at Eko Hotel & Suites, Lagos. The summit, themed “Making Nigeria a Net Exporter of Petroleum Products,” comes at…
