Mainland Oil Strengthens Commitment to Lubricant Production and CNG Utilization Across Africa At the OTL Africa Downstream Energy Week, Dr. Chris Igwe, Managing Director of Mainland Oil, highlighted the company’s dedication to advancing energy security and sustainability through high-quality lubricant production and the utilization of compressed natural gas (CNG) in Nigeria and Africa. With filling…
Online Publishers Urged to Lead Nigeria Toward Global Financial Inclusion …GOCOP President Calls on New Members to Combat Fake News Nigeria must embrace global financial inclusion, and the Guild of Corporate Online Publishers (GOCOP) has been urged to spearhead efforts to create awareness about this crucial issue. This call was made by Yusuf Mamman, Nigeria’s…
Shell, Okunbor Receive Indigenous Companies’ Association, PETAN, Award For Excellence The Managing Director, The Shell Petroleum Development Company of Nigeria Limited (SPDC) and Country Chair, Shell Companies in Nigeria (SCiN), Osagie Okunbor, has received an “Award of Excellence to an Astute and Visionary Technocrat” from the newly instituted executive leadership of the Petroleum Technology Association of…
Oil Prices Surge Amid Rising Geopolitical Tensions Oil prices experienced a dramatic spike on Monday morning, with Brent crude surging above $81 per barrel and West Texas Intermediate (WTI) climbing toward $77 per barrel. While recent optimism surrounding potential interest rate cuts had already boosted market sentiment, it was the escalation of geopolitical tensions and…
PETAN Chairman, Ogunsanya expresses concern over high cost of production in Nigeria The Chairman of the Petroleum Technology Association of Nigeria (PETAN), Engr. Wole Ogunsanya has expressed concern over the high cost of production in Nigeria. Speaking during a courtesy visit to the Chief Executive Officer of Aradel Holdings PLC, Mr. Gbite Falade in Lagos…
Amazing 360 Energies Seeks Investment, Partnerships to Expand Sustainable Energy Solutions Aligned with the government’s energy transition plan for long-term energy efficiency, Amazing 360 Energies is actively seeking strategic investments and partnerships with credible entities to scale its efforts in driving sustainable energy solutions across Nigeria and beyond. “We’re on a mission to transform the…
NNPC Ltd Declares State of Emergency on Crude Oil Production The Nigerian National Petroleum Company (NNPC) Limited has declared a state of emergency on production in Nigeria’s oil and gas industry. This is aimed at increasing Nigeria’s crude oil production and growing its reserves. The Group Chief Executive Officer of NNPC, Mele Kyari, disclosed this…
Power Minister Calls for Increased Investment in Nigeria’s Gas Development to Unlock Potential of Electricity Sector The Minister of Power, Adebayo Adelabu, has called for increased investment in Nigeria’s gas development to unlock the full potential of the nation’s power sector and achieve the Nigeria Energy Transition Plan. According to Adelabu, the power sector consumes…
Petroleum Ministry Key to Nigeria’s Prosperous Energy Future, says Ekpo Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo has stated that the Ministry of Petroleum Resources was at the forefront of steering Nigeria towards a prosperous and sustainable energy future. The Minister stated this on Tuesday in his address at the 23rd edition of the…
Clash of Titans: Dangote’s Battle Against the Oil Mafia Amidst Fiery Setbacks …section goes up in flames In an unfolding saga that reads like a high-stakes thriller, Africa’s richest man, Aliko Dangote, is embroiled in a fierce struggle which might not be unconnected with a part of the refinery going up in flames as this…
