Archives for Oil and Gas
Shell Eyes $20b Investment In Nigeria, Expands Gas Supply To NLNG
BY NGOZI ONYEAKUSI Shell has announced plans to invest up to $20 billion in Nigeria while expanding gas supply to the Nigeria Liquefied Natural Gas (NLNG). The Chief Executive Officer…
NMDPRA Assures Decline In Prices Petrol, Diesel, LPG
BY NGOZI ONYEAKUSI The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has assured that the prices of petrol, diesel, and Liquefied Petroleum Gas (LPG) will continue to decline nationwide,…
Seplat Energy Appoints Tony Elumelu Non-Executive Director
BY NGOZI ONYEAKUSI *Elumelu …As Olivier Cleret De Langavant Resigns Following the Company’s prior announcement regarding the sale of Etablissements Maurel et Prom SA shareholding in Seplat to a combination of…
Petrol war: Importers outpace domestic refineries with 62% supply in 2025
Petrol importation remained the dominant source of fuel consumed in Nigeria in 2025, accounting for per cent of the country’s total Premium Motor Spirit consumption, The PUNCH reports. This trend…
FG unveils gold refinery, advances $600m lithium plant
The Federal Government has announced the commencement of operations at a high-purity gold refining plant in Lagos, with three additional gold refineries at different stages of development across the country…
NNPC opens talks to sell stakes in assets – Report
The Nigerian National Petroleum Company Limited has begun moves to sell stakes in some of its oil and gas assets, a new report by Reuters has revealed. This is as…
NNPCL restores Escravos-Lagos pipeline to full operations
Nigerian National Petroleum Corporation Limited, NNPCL, has announced the successful restoration of the Escravos–Lagos Pipeline System (ELPS) in Warri, Delta State. In a statement, the company said: “Following the unexpected…
NNPCL’s moves to reinvent self for growth
In an industry often defined by volatility, power struggles and complex stakeholder demands, the Nigerian National Petroleum Corporation (NNPC) Limited seems to have quietly mastered the art of strategic alignment…
N739/litre: Marketers lament low sales as Dangote launches nationwide petrol rollout
Fuel marketers are lamenting low sales following the nationwide rollout of petrol by Dangote Refinery at N739 per litre. Marketers, who spoke to Daily Sun in separate interviews, said the…
Seplat Energy Appoints Mohammed, Ettah As Independent Non-Executive Directors
BY NGOZI ONYEAKUSI The Board of Seplat Energy today announces the appointment of Engineer Saidu Aliyu Mohammed and Mr. Larry Ephraim Ettah as Independent Non-Executive Directors of the Company with effect…
