Tensions rose in the Federal Capital Territory yesterday as the Association of Senior Civil Servants of Nigeria (ASCSN) demanded the immediate settlement of long-standing entitlements owed to public servants, warning that government inaction could spark wider unrest. In a statement issued on Thursday, ASCSN Secretary-General, Joshua Apebo, condemned what he described as the “forceful dispersal”…
The Nigerian Content Development and Monitoring Board (NCDMB), has acknowledged the advanced capabilities and proven track record of a leading indigenous service company, West African Ventures (WAV) Nigeria Limited, noting that the firm and others well established Nigerian companies need to pivot to the deepwater segment of oil and gas operations where vast opportunities exist….
Aliko Dangote has dismissed claims that job losses would result from his Refinery’s new distribution plan of 4,000 CNG-powered trucks to enhance efficiency and reduce costs. Concerns from union groups included fears of disruption in the current petroleum supply chain and monopolistic practices. Dangote, however, highlighted that the initiative would create 24,000 new jobs, with…
Shell has demonstrated a high-performance EV thermal fluid that allows 34 kWh battery packs to charge from 10% to 80% in under ten minutes. The electrically non-conductive fluid improves heat transfer, reduces thermal stress and enhances battery safety. According to Shell Lubricants, the development supports the broader adoption of battery electric vehicles by allowing higher…
The Nigerian National Petroleum Company (NNPP) Limited has congratulated Maryamu Idris on her appointment as Nigeria’s National Representative to the Organisation of the Petroleum Exporting Countries (OPEC). Announcing the development in an official X handle, NNPC said Idris’s new role marks a pivotal step in representing Nigeria’s interests within the influential cartel of oil-producing nations….
A ₦4 trillion bond program aimed at clearing debts owed to power generation companies (GENCOs) was announced by President Bola Tinubu, who appealed to the power companies to grant the federal government more time to complete the verification and validation of the longstanding debts. Bayo Onanuga, Presidential Spokesman, in a statement, said the President made…
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe on Tuesday inspected the ongoing training of 305 youths in specialised oil and gas industry skills at the Centre for Marine and Offshore Technology Development (CMOTD), Rivers State University (RSU). This was contained in a statement by the GM…
The Nigerian National Petroleum Company Limited says it generated a total revenue of N4.571tn in June 2025, sustaining its upward earnings momentum as crude oil and gas production recorded notable increases, the latest data from the national oil company has revealed. This is part of the NNPC Limited Monthly Report Summary for June released on…
The Seplat Energy’s Chief Executive Officer, Mr. Roger Brown, says indigenous oil companies have demonstrated the capacity and financial strength to take over and manage asset of multinational oil companies. This was contained in a statement signed by Stanley Opara, Manager, Corporate Communications, External Affairs & Social Performance, Seplat Energy Plc. Brown represented by the…
President of the Dangote Group, Alhaji Aliko Dangote, has announced plans to reduce the price of Liquefied Petroleum Gas, also known as cooking gas. He also promised to start direct sales of the product to consumers should the existing distributors fail to allow the price crash in cooking gas. However, operators in the sector have…
