Seplat’s significant cash resources, among others, provide strong resilience to oil volatility – CEO

        Seplat Petroleum Development Company Plc, has assured that its increasing revenue from gas, low oil price hedging and good cash standing, provide strong resilience to the current oil price volatility. This position is contained in...

NNPC assures of availability of petroleum products at Easter

                        … as NNPC retail stations in full compliance with PPPRA price template   The Nigerian National Petroleum Corporation (NNPC) has assured Nigerians of availability...

Nigeria ,other West African Countries among the most hard-hit amid Covid-19 and low oil...

  Nigeria , Angola, Senegal, Cameroon and Ghana are among the most hard-hit amid COVID-19 pandemic and oil price plunge, according to African Energy Chamber analyses. Angola revises national budget and suspends CAPEX; Senegal’s first oil...

China commits $1.4bn investment into bankable energy projects in Africa

China commits $1.4bn investment into bankable energy projects in Africa The African Energy Chamber concluded meetings in Beijing to discuss the need to invest in gas exploration and to work on African initiatives like LNG2Africa,...

Seplat commences construction of $700m gas plant in Imo

An indigenous oil company, Seplat Petroleum Development Company, has commenced the construction of a multi- million dollars Gas Processing Plant in Ohaji Egbema Council Area of Imo state. Chairman of the firm, Dr. ABC  Orjiako,...

power sector loses N10bn to gas shortage, transmission issues

power sector loses N10bn to gas shortage, transmission issues Nigeria’s power sector lost about N9,793,000,000 due to constraints from insufficient gas supply, distribution and transmission infrastructures. The close to N10 billion losses were recorded over a...

NLNG committed to building a better Nigeria

NLNG: a global company committed to building a better Nigeria Nigeria LNG Limited a leading LNG company, has continued to show great support and loyalty to the Nigeria government’s policy on local content development and...

NNPC will collaborate with EFCC to fight corruption- Mele Kyari

To assist the anti-graft agency in its quest to rid the country of corrupt practices, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has committed to a robust...

‘We  are major contributor to Africa’s $90 billion illicit financial outflow – ICPC

Worried about the high level of illegal financial outflows in the country, The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Bolaji Owasanoye, revealed that  the bulk of an estimated...

Chain Reactions Nigeria Shines with SABRE, Pitcher Awards

It was double honours for Chain Reactions Nigeria, one of the country's leading Public Relations and Integrated Communications Consulting Firms and the Exclusive Nigerian Affiliate and Preferred West Africa’s Partner of Edelman, the world’s...