Business Hilights

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Energy

NCDMB Boss visits NUPRC, NIACOM, Seeks Collaboration

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe on Tuesday visited the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe and the Commissioner for Insurance of the…

Dangote Refinery berths 6th 1m Crude oil barrels ship, ready for refining

Barring any unforeseen circumstance, all is set for resumption of refining activities at Dangote Refinery having received the sixth batch of barrels of crude supplied by the Nigeria National Petroleum Corporation Limited (NNPCL). The fresh one million Agbami barrels of…

Just in: 5th one million barrels of crude arrive, 6th on the way to Dangote Refinery

Dangote Petroleum Refinery, on Thursday, received the fifth crude oil shipment of one million barrels of Bonny Light supplied by the Nigerian National Petroleum Corporation Limited (NNPCL), on Thursday. The company is already preparing to welcome the 6th one million…

Seplat Energy Delivers ANOH Gas Plant

Seplat Energy Plc has announced that the ANOH gas plant installation works reached mechanical completion on 29th December 2023, in line with the revised timetable. A statement issued by the company on Wednesday explained that the milestone has been achieved…

No plan to increase Fuel Price—NNPCL

The Nigerian National Petroleum Company (NNPC) Limited has debunked media reports alleging that it had a dispute with Independent Petroleum Marketers Association of Nigeria (IPMAN) over payment subsidy on Premium Motor Spirit (PMS). Some media houses few days ago, had…

Dangote Refinery Berths 4th One Million Barrels of Crude; Fifth, on the way

Preparations are in top gear for the commencement of production in Dangote Refinery, as the petrochemical company has received the fourth crude shipment of, one million barrels of bonny light crude supplied by the Nigeria National Petroleum Corporation Limited (NNPCL),…

Nigerian Oranto Petroleum extends Ugandan exploration licenses

Oranto Petroleum, a Nigerian independent energy company founded by Prince Arthur Eze has, on 22 December 2023, been granted a two-year exploration license extension to its Ngassa Deep and Ngassa Shallow exploration contract areas in Uganda. This extension allows Oranto…

FG Commissions Gas Leak Detection Device, Printed Circuit Board Facility

The Federal Government through the Nigerian Content Development and Monitoring Board (NCDMB) on Thursday marked a breakthrough in the research and development landscape of the Nigerian oil and gas industry with the commissioning of Amal Technologies Gas Leak Detection Device…

NNPC Achieves Mech Completion, Flare Start-up of Refinery’s Area 5 Plant

The Nigerian National Petroleum Company (NNPC) Ltd. has fulfilled its pledge of achieving the mechanical completion of rehabilitation work on Area 5 Plant of the Port Harcourt Refining Company (PHRC). Rehabilitation work has been ongoing at the Refinery for over…

Energy

NNPC Ltd, TotalEnergies Sign MoU on Methane Detection Technology

The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has signed a Memorandum of Understanding (MoU) with TotalEnergies for the adoption and deployment of a methane detection technology known as Airborne Ultralight Spectrometer for Environmental Application (AUSEA) in all its upstream…