Petrol price to rise next week if—IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) said the price of Premium Motor Spirit, popularly known as fuel would continue to increase as long as the US Dollar rose in the foreign exchange market. Chinedu Okoronkwo, the National President…
Chevron Onboards Agbonu Ogulagha-Ibe Host Community Development Trust
Leading oil and gas giant, Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Company Limited (NNPCL”) and CNL, (NNPCL/CNL JV), has successfully completed an onboarding workshop for members of the Board of Trustees (“BOT”),…
NCDMB seeks Corporate Governance for Indigenous Oil Firms, lauds Aradel Holdings
Indigenous oil and gas companies must instill principles of corporate governance in their operations if they are to grow and achieve sustainability, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has said….
Just in: FG plans sanctions on Chevron over Stevedore services at Warri Jetty
The Federal Ministry of Transportation has disclosed its intention to shut down the Chevron Warri Jetty within two weeks following overt disregard by Chevron Nigeria Limited to hinder stevedore services regardless of extant laws and standard procedures. The Permanent Secretary,…
Seplat half-year results show success story that kept delivering
Rising from the clear excellent results for the first half of 2023 that Seplat has put its recent travails behind, delivering against its strategy despite the distractions faced as a handful of shareholders orchestrated jumped-up allegations against the company and…
NCDMB sensitizes Bench, Bar on Nigerian Content in Rivers
In view of sustaining awareness on the Nigerian Oil and Gas Industry Content Development (NOGICD) Act among critical stakeholders in the oil and gas industry, the Nigerian Content Development and Monitoring Board (NCDMB) held a one-day sensitisation workshop for members…
TotalEnergies hits 11.1% y/y growth in Q2-23 standalone EPS
TotalEnergies Marketing Nigeria Plc (TOTAL) published its Q2-23 unaudited financials yesterday (27 July), reporting an 11.1% y/y growth in Q2-23 standalone EPS to NGN13.62/s (Q2-22: NGN12.26/s), supported primarily by the 25.1% y/y growth in revenue. Accordingly, the H1-23 EPS came…
‘Over 30,000 skilled Nigerians work with expatriates in Dangote Refinery’
The Management of Dangote Refinery has debunked a report published on the online platforms of some media organisations that the company employed 11,000 skilled workers from India while allegedly neglecting youths from Nigeria and other African countries. In his response,…
Steady light coming to Abia soon—Geometric Power Chief
Former Minister of Power and chairman, Geometric Power Plant in Alaoji, Abia State, Professor Bartholomew Nnaji has assured that with the level of support coming from the Governor of Abia State, Dr. Alex Otti, the dream of Abia experiencing steady…
Just in: Seplat CEO, Brown to lead speakers on Gas Forum segment at AOW in SA
Leading energy technocrat and chief executive officer (CEO) of Seplat Energy, Roger Brown is set to drive the new feature in the annual Africa Oil Week (AOW), called ‘The Gas Forum’. Details gathered by Business Hilights showed that the full…
