NNPC’s MD appointed as Nigeria’s OPEC representative

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….

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Heirs Energies Ltd joins World Literacy Foundation to Transform Literacy in Host Communities

More than 500 pupils in two schools in Rivers State are to benefit from the “Heirs Energies Sun Book Literacy Initiatives”. They are Central State Primary School, Omuohia-Igwuruta, and Umuebulu Primary School, Umuebulu. The gesture is part of the Company’s Corporate Social Responsibility Services to its host communities In addition, the pupils will receive solar-powered…

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BREAKING: FG meeting with Dangote, NUPENG ends in stalemate

The Reconciliatory meeting organised by the Federal Ministry of Labour between Dangote Refinery and the National Union of Petroleum and Gas Workers ended in a stalemate on Monday night. The meeting, which had in attendance the national executives of NUPENG and officials of the Nigeria Labour Congress and the Trade Union Congress, the Executive Director,…

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Energy Experts Gather at Eko Hotel to Brainstorm on Issues Affecting The Industry

Regulators and Operators in the Energy sector will converge at Eko Hotel Lagos on October 9, for this year’s Annual Conference organised by the Association of Energy Correspondents of Nigeria (NAEC). The body confirmed that Senator Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil); Rt. Hon. Ekperikpe Ekpo, Minister of State for Petroleum Resources…

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Scientists Develop Innovative Method to Boost Solar Panels’ Performance.

Researchers have developed a cooling approach that could enhance solar panels’ performance in scorching weather. The innovation solves a common challenge for solar power in desert areas where panels can reach over 150 degrees Fahrenheit. When panels get this hot, they produce less electricity than they’re capable of. The University of Sharjah team in lndian…

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Marketers urge NNPC to pay N25bn Equalisation Funds

The Independent Petroleum Marketers Association of Nigeria has asked the Nigerian National Petroleum Company Limited to pay the long-held petroleum equalisation funds owed to its members. The marketers also urged the NNPC Group Chief Executive Officer, Bayo Ojulari, to clear the loading tickets of its members by supplying them with the petroleum products they paid…

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Oil Markets: OPEC+ to Ramp up Oil Production; 1,37,000 Barrels per day more from October

Eight key OPEC+ members, including Saudi Arabia and Russia, plan to increase oil production by 137,000 barrels per day starting next month, despite sliding oil prices and concerns about oversupply. This decision signals a shift towards prioritizing market share over price support, surprising markets and raising questions about the alliance’s unity amid geopolitical tensions and…

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