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…
Technology & System
NNPC Shipping, Stena Bulk, Caverton Launch New Joint Venture Partnership To Boost Nigeria, Africa’s Energy, Maritime Sectors
The Nigerian National Petroleum Company (NNPC) Shipping, Stena Bulk,and Caverton Marine Limited today announced the signing of a newjoint venture that will transform Nigerian maritime transportation. The agreement, signed in London last week, aims to create a new tankeroperation serving…
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,…
Shell Oil Spill Allegedly Leaves Bayelsa Community Struggling with Severe Water Crisis
The people of Obololi Community in the Tarakiri clan of Southern Ijaw Local Government Area in Bayelsa State are appealing for portable water and food to enable them to survive the current oil industry induced environmental degradation. The community claims…
Dangote Confirms Over N600bn Worth of Petrol in Stock
…as Zambia seeks Dangote’s investment in its energy sector President of Dangote Industries Limited (DIL), Aliko Dangote has revealed that his company – the Dangote Petroleum Refinery – has enough Premium Motor Spirit (PMS, otherwise known as petrol) in storage…
MEMAN Calls for Rail Transport to Curb Fuel Tanker Accidents, Supports New Safety Regulations
The Major Energies Marketers Association of Nigeria (MEMAN) has advocated for the reintroduction of rail transport for fuel distribution to help curb the rising number of truck accidents on Nigerian roads. MEMAN’s Chief Executive Officer, Mr. Clement Isong, made this…
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…
Nigeria To Witness First Lunar Crescent on Feb. 28 – NASRDA
The National Space Research and Development Agency (NASRDA) has said that Nigeria will likely witness its first astronomical lunar crescent on Feb. 28, 2025. Dr Felix Ale, Director of Media and Corporate Communications of NASRDA, who said this in a…
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…
