NNPC sells N234.63bn worth of petroleum products in March
The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded ₦234.63 billion revenue from the...
Oriental Energy Resources Announce New Managing Director
Mustafa Indimi has been appointed the new Managing Director of Oriental Energy Resources Limited, a leading indigenous oil exploration and production company in Nigeria....
TotalEnergies affirms its strong position in reinforcing National Devt., UN’s SDG through CSR
.says youth entrepreneurship, education key to achieving SDGs in Nigeria
UGO AMADI
TotalEnergies, a French Energy giant has affirmed it strong position in reinforcing and improving...
OANDO settles legal action with SEC
Oando Plc said it has entered into a settlement with the Securities and Exchange Commission (SEC) of all matters subject of litigation and other...
Seplat’s subsidiary secures $50m off take lending facility
Westport Oil Limited, a subsidiary of Seplat Energy Limited, has secured a $50 million offtake linked reserved based lending facility due April 2027.
The Offtake...
Privatisation: Quest Electricity pays N19bn for YEDC, invests N28bn
The Bureau of Public Enterprise (BPE) said Quest Electricity Nigeria Limited has paid N19 billion to acquire Yola Electricity Distribution Company (YEDC).
According to a...
Foreign coy to invest $100m in gold mining
Director, Aurelia Mining Limited, Mr. Julian Hammond has said that the company will invest $100 million in Gold mining in Nigeria.
Aurelia Mining Limited is...
DPR assures of products availability during Sallah
The Department Petroleum Resources (DPR) has assured Nigerians of petroleum products availability during the Sallah holidays.
Mr Paul Osu, Head, Public Affairs, DPR, gave the...
Total Energies urges boost in Nigerian rail infrastructure for gas development
Total Energies Nigeria Limited has called for the ramping up of Nigeria’s rail infrastructure to take the pressure off the country’s roads in the...
Africa will lead global refinery VDU capacity additions by 2025 – GlobalData
GlobalData report has indicated that Africa is expected to register the highest refinery vacuum distillation units (VDU) capacity additions globally during 2021 to 2025,...
