Archives for Oil and Gas - Page 24
FG Lacks Capacity To Sustain N6trn Fuel Subsidy — Oil Marketers
Fuel By Ngozi Onyeakusi--- The Major Oil Marketers Association of Nigeria, MOMAN, has said that the Federal Government lacks the capacity to spend N6 trillion this year as subsidy on…
NLNG Ltd Receives Road Infrastructure Tax Credit Certificate For Bonny – Bodo Road from FIRS
Executive Chairman, FIRS, Muhammad Nami with Deputy Managing Director, NLNG, Mr. Olalekan Ogunleye showing Tax Credit Certificate handed to NLNG for the construction of the Bonny - Bodo Road and…
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…