Archives for Oil and Gas - Page 3
Court Vacates Asset-Freezing Order Against Nestoil, Directors
In a major legal victory for Nestoil Limited and its affiliates, the Federal High Court in Lagos on Thursday vacated the Mareva injunction that had frozen the company’s assets and…
16-Year-old OAU Student Oyinkansola Akande Wins NCDMB Annual Essay Competition
BY NGOZI ONYEAKUSI The 9th Award and Prize-giving Ceremony of the NCDMB Annual National Undergraduate Essay Competition came to a close on Friday at the Nigerian Content Tower, Yenagoa, with…
Petroleum Minister Lauds Tamrose for Growing Fleet, Pledges to Grow Content Fund
BY NGOZI ONYEAKUSI The Honourable Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, on Thursday commended Tamrose Limited, a leading indigenous marine logistics and offshore support company, for…
Tinubu shifts 15% fuel import duty to Q1 2026
The Federal Government has approved the postponement of the implementation of the 15 per cent import duty on petrol and diesel until the first quarter of 2026, contrary to earlier…
NLNG Completes 2nd Phase of School Renovation Project, Hands Over Bonny School to Rivers State
Sophia Horsfall, NLNG GM, External Relations & Sustainable Development (3rd right); and Alua Adiela, Director of Secondary Education, Rivers State Ministry of Education (2nd right) jointly cut the ribbon during…
Presidency eyes NNPC shake-up as oil output falters
The Presidency is planning to restructure asset ownership in the Nigerian National Petroleum Company Limited amid concerns over what it called its low oil production. The Special Adviser to the…
Seplat Energy Earns ISO 45001:2018 Certification, Advances Operational Excellence, Workforce Wellbeing
BY NGOZI ONYEAKUSI L-R: Jean-Michel Perret, District Chief Executive & Managing Director, Bureau Veritas Nigeria, and Samson Ezugworie, Chief Operating Officer, Seplat Energy Plc, during the presentation of ISO 45001:2018…
NNPC eyes 20% stake in Dangote refinery
The Nigerian National Petroleum Company Limited on Tuesday disclosed plans to raise its equity stake in the $20bn Dangote Petroleum Refinery to 20 per cent, as part of efforts to…
15% tariff: Nigerians to pay N1tn extra for petrol yearly
Nigerians will pay an additional amount of about N1tn () annually on petrol imports following the Federal Government’s planned introduction of a 15 per cent import tariff on Premium Motor…
ES NCDMB Hails Gas Minister on Election as President of Gas Exporting Countries
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has congratulated the Honourable Minister of State, Petroleum Resources (Gas) and Co-Chairman of the…
