The Nigerian National Petroleum Company Limited has announced the appointment of a new eight-member senior management team tasked with overseeing the affairs of the company’s operations and strategic direction. It also reshuffled key management positions to strengthen its operational efficiency. A statement by the company’s spokesman, Olufemi Soneye, disclosed the latest development on Friday. The…
The highest body of journalists in the Nigeria’s energy sector, Association of Energy Correspondents of Nigeria (NAEC), has officially congratulated Engineer Bayo Ojulari on his appointment as the new Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC Ltd). President Bola Ahmed Tinubu, on Wednesday, April 2, announced the appointment of Ojulari…
As part of its Corporate Social Responsibility to host Communities, the West African Gas Pipeline Company Limited, WAPCo, has empooered some youths with various trades and vocational tools in the areas of Fashion Designing, Catering Services, Electrical Installation and Aluminium Fabrications in Ogun State.. Speaking at the graduation ceremony in Otta, the Manager, External Relations…
Oando Plc has sealed a $650 million deal with Nigerian Agip Oil Company, backed by risk management solutions from AfrexInsure, the speciality insurance subsidiary of the African Export-Import Bank. The agreement further strengthens the business relationship between Oando and Afreximbank, ensuring the company’s investment in Nigeria’s energy sector is safeguarded through tailored insurance solutions. A…
Many Nigerians face daunting social and economic challenges against the backdrop of renewed importation of petroleum products in the country, nearly six months after the practice was officially suspended. Lately, there were concerns about the far-reaching impact on the nation’s foreign reserves which would ultimately push the naira into deeper depreciation and stoke inflation. There…
The Federal Government, through the Ministry of Petroleum Resources, has officially endorsed the Gas Investment Forum (GIF) 2025, scheduled to take place on October 7-8, 2025, in Lagos. In a letter confirming the endorsement, Mrs. Ruth Nunghe, Director (Gas) of the Ministry of Petroleum Resources, reaffirmed government’s commitment to leveraging GIF 2025 as a strategic…
Seplat Energy reaffirmed its leadership in driving gender equity in STEM at the Society of Petroleum Engineers Women Leadership Lecture Series (SPEWLLS) 2025, themed “March Forward: Advancing Equity and Creating Opportunities in STEM and Beyond”. The event which held on March 21, 2025 at the Capital Club, Victoria Island Lagos brought together industry leaders, changemakers,…
The program for the 2025 edition of the Offshore Technology Conference (OTC) under the Nigerian Pavilion powered by the Petroleum Technology Association of Nigeria (PETAN) on behalf of the Nigerian National Petroleum (NNPC) Ltd. and the Federal Ministry of Petroleum Resources has been announced by the Association. Under the Central Theme: “Africa’s Energy Renaissance: Leveraging…
Dangote Petroleum Refinery has temporarily halted the sale of petroleum products in Naira. According to a statement by the management, the decision is necessary to avoid a mismatch between its sales proceeds and crude oil purchase obligations, which are currently denominated in U.S. dollars. “To date, our sales of petroleum products in Naira have exceeded…
The federal government has commissioned Nigeria’s first modular Liquefied Petroleum Gas (LPG) extraction plant and a 20-megawatt gas-to-power project. The projects were commissioned by the Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo at the Otakikpo field in Rivers State. In a post on his official X account, the minister said the…
