Oil & Gas
NNPC’s New EVP Upstream, Seeks Transparency, Corporate Governance in Oil Sector Operations
The NNPC Ltd’s new Executive Vice President, Upstream, Mr. Udobong Ntia, has called on upstream stakeholders in the nation’s oil and gas industry to strengthen corporate governance, transparency and efficiency in their operations. Speaking at the Upstream Governance, Risk, and Compliance Workshop in Lagos, with the theme “Enhancing Governance, Risk…
Read More »NCC Urges Licensees to Update Contact Details or Face Sanctions
The Nigerian Communications Commission (NCC) has reminded all licensees of their obligation under the Licensing Regulations 2019 to update any changes to their contact information within seven days of occurrence. In a statement issued by the Director of Public Affairs, the NCC stressed that this requirement is essential for effective…
Read More »No Disparity between NNPC’s, NUPRC’s Crude Oil Production Figures
The Nigerian National Petroleum Company Limited (NNPC Ltd) has clarified that there is no discrepancy between its crude oil production figures and those supplied by the regulatory agency, the Nigerian Upstream Petroleum Regulatory Company (NUPRC). The Company gave the clarification against the backdrop of reports in a section of the…
Read More »Access Bank Dismisses Allegations of Missing N500 Million
Access Bank has officially denied allegations of a missing sum of N500 million from a customer’s account, as claimed by social media influencer Vincent Otse, popularly known as VeryDarkMan. VeryDarkMan, in a viral video accused the bank of sharp practices involving the account of a deceased customer to the tune…
Read More »Seplat Energy Re-echoes Climate Commitment, Operational Excellence
Seplat Energy Plc, foremost indigenous energy company, says it is actively pursuing a range of initiatives to decarbonise its operations and support a sustainable energy transition as part of its climate commitments and operational excellence strides. The company’s key measures in these regard include: ending routine gas flaring; investments in…
Read More »FG, KACCIMA, Extol Dangote Over Sponsorship of Kano Fair
The Dangote Industries Limited has received a torrent of accolades for sponsoring the 45th edition of the Kano International Trade Fair, which opened at the weekend. Minister of Defence, Mohammed Badaru Abubakar and the President of the Kano Chamber of Commerce, Industry, Mines, and Agriculture (KACCIMA) Alhaji Garba Imam described…
Read More »NEC Urges States To Patronize NASENI’s Technological Innovations
In a move to fast-track Nigeria’s industrialization, the National Economic Council (NEC), has urged state governments to patronize technological innovations developed by the National Agency for Science and Engineering Infrastructure (NASENI). The Vice President Kashim Shettima stated this during the 146th NEC meeting which he chaired at the Presidential Villa, Abuja…
Read More »CHELSEA CAPTAIN REECE JAMES SUFFERS ANOTHER INJURY PROBLEM
Chelsea captain Reece James has suffered another injury setback and could face more time on the sidelines. The 24-year-old-right-back only returned to action in October after missing the start of the season. But boss Enzo Maresca revealed James will miss Saturday’s trip to Leicester after feeling something in his hamstring.…
Read More »NNPC’s Utapate crude grade hits global oil market
…OML 13 asset eyes 80,000bpd by end of 2025 In a major boost for Nigeria’s crude oil production, revenue generation and economic growth efforts, the NNPC Ltd has officially unveiled its latest crude oil grade, the Utapate crude oil blend, before the international crude oil market. It would be recalled…
Read More »NNPC Retail Sensitizes Over 1,000 Auto Mechanics on CNG
As part of its efforts to accelerate the adoption of Compressed Natural Gas (CNG) as a cleaner and more affordable fuel alternative in Nigeria, NNPC Retail Limited (NRL), a subsidiary of the NNPC Ltd, has sensitized over 1,000 auto mechanics through a comprehensive awareness initiative. The sensitization exercise which took…
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