Archives for Oil and Gas
FG to end petrol subsidy in June 2023
The House of Representatives’ Ad Hoc Committee to Investigate the Petroleum Products Subsidy Regime from 2013 to 2022, on Thursday, grilled the Minister of Finance, Budget and National Planning,…
SEPLAT JV empowers additional 300 teachers
L-R: Grace Amadi, General Manager Sustainability, Seplat Energy; Clementina Ojuma, Director of Schools Department, Delta State Ministry of Education; Joan Osa Oviawe, Edo State Commissioner for Education; Joseph Ofili, Business…
Cooking gas price jumps 105% in 12 months
Gas cylinder The average retail price for refilling a 5kg cylinder of Liquefied Petroleum Gas (cooking gas) increased by 105 per cent within the last twelve months, findings by…
NNPC Introduces Anti Crude Theft Applications
NNPC logo By Ngozi Onyeakusi---In a bid to curb oil theft and pipeline vandalism, the Nigerian National Petroleum Company Limited (NNPC Ltd.) has at last launched anti ‘Crude Theft Monitoring…
NLNG Launches GMoU Phase 2 In Rivers State
Nigeria LNG Limited (NLNG) on Thursday in Port Harcourt launched the second phase of the Global Memoranda of Understanding (GMoU) for its pipeline host communities to actively support community-driven sustainable…
Seplat Gets Buhari’s Consent To Acquire Exxon Mobil shares
Seplat logo Seplat Energy Plc, has announced that it has gotten the Consent of President Muhammadu Buhari's Consent for cash acquisition of the entire share capital of Mobil Producing Nigeria…
Kerosene hits over N800/litre, Nigerians face hard times
The price of kerosene used by several families have jumped to N800 per litre just as the market is beginning to adjust to the newly increased petrol and gas prices.…
IOCs’ divestment: Opportunity for indigenization in Nigeria – Seplat Boss
Seplat logo In this era of divestments by the International Oil companies (IOCs) from Nigeria, indigenous energy companies with the right competences and wherewithal are natural partners to government in…
Finally Marketers take laws into their hands, hike petrol price to N170-N190/litre
Fuel Premium Motor Spirit popularly known as petrol will now be sold between N170/litre and N190/litre in filling stations across the country, following what is believed to be a subtle…
Fuel queues disappear as marketers dispense above N165
Fuel The queues by motorists for Premium Motor Spirit, popularly called petrol, which had persisted since February in Abuja and environs, gradually disappeared on Thursday as more filling stations joined…