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Oil & Gas

Seplat Incurs N41.1bn Loss From OML 55 Due To Fall In Oil Prices

Nigeria’s leading upstream oil company, Seplat Petroleum reported it took an impairment loss of N41.1 billion ($114.4 million) from its…

5 years ago

NNPC Signs Deal With Tecnimont SpA to Rehabilitate Port Harcourt Refinery

The Nigerian National Petroleum Corporation (NNPC) has signed an Engineering, Procurement & Construction (EPC) contract with Tecnimont SpA, a subsidiary…

5 years ago

OPINION: The Necessity of Rehabilitating Nigeria’s Refineries

BY ALEXANDER ADEJOH Mixed reactions have continued to trail the move by the Federal Government to rehabilitate the Port-Harcourt Refining Company…

5 years ago

Why We’re Spending $1.5bn On Port Harcourt Refinery —NNPC

The Nigerian National Petroleum Corporation (NNPC) has explained why the Federal Government is spending the huge sum of $1.5 billion…

5 years ago

Sanwo-Olu Thanks Dangote, Excited Over Refinery, Fertiliser Progress

Lagos State governor, Babajide Sanwo-Olu, has commended the Dangote Group for situating the biggest investment in the country in Lagos…

5 years ago

BUA Group Sues Kainos Exploration Boss, James Onyejekwe Over $20m Bribe Allegations

The management of BUA Group has commenced legal actions against parties involved in spreading spurious allegations of corruption and involvement…

5 years ago

Pathways To Faster Decarbonization With Gas And Renewables

The power sector accounts for up to 41 percent of global carbon dioxide emissions today, with Africa contributing about 2-3%.…

5 years ago

Whither Oil Producing Nations And Their Future

BY EMMANUEL IBE KACHIKWU As the price of most crude types began lifting measurably in the last two months, rising…

5 years ago

Dangote Grooms Nigerian Engineers To Manage Refinery Complex on Completion

The Management of Dangote Oil Refinery is preparing young Nigerian graduates to take over the management of its 650,000 barrels…

5 years ago

Dangote Refinery To Sell Refined Crude In Naira

Mr. Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has said that the Dangote Refinery would sell refined petroleum products…

5 years ago
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