Just in: Tinubu Restores Immigration Documents of Seplat CEO, Roger Brown
Leading oil and gas group, Seplat Energy has announced that the Ministry of Interior (“Ministry”) and the Nigeria Immigration Service (“NIS”) have restored the Working Permit, Combined Expatriate Residence Permit and Aliens Card (“CERPAC”) and other Visas for the entry…
Can mere media denial, Presidential visit derail ongoing ExxonMobil oil theft probe?
There had been mixed reactions and anxiety across the oil and gas industry over the weighty allegation of oil theft by the Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) that ExxonMobil is illegally lifting products without recourse to laid…
Will ExxonMobil visit to Tinubu affect ongoing gas theft allegation?
Experts in transparency in oil and gas industry have started having mixed feelings on the future of the ongoing multi-billion dollar gas theft accusations on ExxonMobil following the recent visit of the company’s executives to President Bola Tinubu on Thursday…
Key Benefits Of 2023 Electricity Act Signed By President Tinubu
This week, President Bola Tinubu assented to the new Electricity Act, which replaces the 2005 Electricity and Power Sector Reform Act, thus empowering states and private companies to uild power plants and sell at will. Recall that the Electricity Act…
NNPCL’s 20% stake in Dangote Refinery’ll slash import from August—Finding
Fact check by Business Hilights has suggested that as soon as the Dangote’s 650,000 barrels per day crude oil processing refinery begins outputting products, the Nigerian National Petroleum Company (NNPC) Limited will cut down on its import orders and switch…
WED 2023: Egbin Power Plc commits to environmental sustainability, seeks global efforts
Egbin Power Plc, the largest Power Generating station in Nigeria, has called for deliberate actions designed to further reduce environmental pollution in line with the global agenda for sustainability to commemorate World Environment Day 2023, under the theme “Solutions to…
WED 2023: Chevron Nigeria’s Commitment to an eco-friendly environment
The world commemorates World Environment Day annually on June 5 to celebrate and promotes environmental awareness and sustainability across the globe. Led by the United Nations Environment Programme (“UNEP”), and held every year since 1974, each edition focuses on raising…
NNPC Limited Ends Crude Swap Contracts
The National Oil Company has announced the termination of all Crude Swap Contracts following the removal of fuel subsidy. The crude swap contract also known as Direct Sale Direct Purchase (DSDP) is a contract between FG through NNPCL and Private…
IPMAN hails FG’s for approving importation of products by private firms
The Independent Petroleum Marketers Association of Nigeria (IPMAN), has commended the Federal Government for approving importation of petroleum products by private firms. The Independent Petroleum Marketers Association of Nigeria (IPMAN), has commended the Federal Government for approving importation of petroleum…
Imo, oil marketers meet on managing subsidy removal
The Imo State Governor, Senator Hope Uzodimma is set to meet with petroleum products marketers in Imo State to agree on ways to mitigate the effects of the planned removal of subsidy from petroleum products by the government. President Bola…
