Archives for ENERGY
NNPCL remitted N10tn in 2024: Kyari
The Nigerian National Petroleum Company Limited has announced that it remitted N10 trillion to the Federation Account as of September 2024. NNPCL Group Chief Executive Officer, Mele Kyari, revealed this…
Marketers, oil firms sign deal to build 50,000bpd refineryÂ
 Nigeria’s effort to boost its refining capacity seems to be paying off, as petroleum product retailers signed a deal with three oil companies to establish a 50,000 barrels per…
Three Scores and Many Trophies: Mele Kolo Kyari at 60
By Nnanke Harry Willie As the golden rays of his 60th birthday dawned, Mele Kolo Kyari is standing tall on a constellation of stellar achievements. He hit the Biblical…
Kyari, refineries and a green ribbon
By KEN UGBECHIE Mele Kyari, a geologist and Group CEO of the Nigerian National Petroleum Company Limited (NNPCL), has dug his way into the tunnel of history. Within a…
Nigeria imports 31.8m litres of petrol daily to bridge local refining shortfallÂ
Nigeria is currently importing about per cent or million litres of Premium Motor Spirit (PMS), popularly called petrol to bridge local refining shortfall, Daily Sun investigation has revealed. According to truck…
Seplat Energy Emerges Best In Social Impact/Human Capacity Development at SERAS
BY NGOZI ONYEAKUSI Seplat Energy Plc, a leading Nigerian independent energy company, has been named Best In Social Impact/Human Capacity Development at the Sustainability, Enterprise and Responsibility Awards (SERAS) Africa…
Seplat Energy becomes Nigeria’s leading independent energy company
BY NGOZI ONYEAKUSI Seplat logo Seplat Energy Plc, a leading Nigerian energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, is delighted to announce that it…
Commitment to Anti-corruption Initiatives, Awards Prizes to Winners of Debate Contest
BY NGOZI ONYEAKUSI The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed its commitment to preventive mechanism against corrupt practices in its internal operations and interface with stakeholders as…
NNPC plans five cooking gas plants in KogiÂ
The Chairman Senate Committee on Local Content, Senator Natasha Akpoti-Uduaghan, has disclosed that the Nigerian National Petroleum Company Limited is set to establish five mini-liquefied natural gas plants in Ajaokuta…
Nigeria’s Electricity Subsidy to Hit N2.4trn by End of 2024Â
As Nigerians continue to expect steady supply of power, the financial implications of subsidising the industry is projected to hit trillion by end 2024, with the Minister of Power, Adebayo…