Energy

Seplat Energy Plc, a leading Nigerian energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, has clinched the ‘Deal of the Year’ Award at the recently held New Telegraph Newspaper Awards. Seplat Energy completed the deal on the acquisition of Mobil Producing Nigeria Unlimited –…

The Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari has flayed talks about the existence of sub-standard fuel in the country, describing it as unfortunate drama and bad marketing practice. Kyari, who was speaking while fielding questions at a fireside chat during the 60th Nigeria Mining & Geosciences…

Governor Ademola Adeleke of Osun State has raised alarm over credible reports of a sinister plot by elements within the opposition parties to launch vicious attacks on local governments secretariats across the state including orchestrated onslaught on leaders of the Peoples Democratic Party (PDP) and top government officials. In a…

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has commended the Federal Government for placing a ban on the exportation of crude oil allocated to local refineries and urged the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to take swift action against refineries, cargo vessels and companies that would…

The Nigerian National Petroleum Company Limited (NNPC Ltd) has attributed the fire at its Buguma Wellhead 008, managed by its subsidiary NNPC Eighteen Operating Ltd (NEOL), to the actions of pipeline vandals attempting to tamper with the Christmas Tree and steal crude oil. Mr. Olufemi Soneye, Chief Corporate Communications Officer…

The Defence Headquarters (DHQ), has attributed the recent resurgence of terrorist attacks in North East and North West to alleged influx of foreign fighters providing reinforcement to local terror groups. The Director, Defence Media Operation, Maj-Gen.Edward Buba  while briefing newsmen on the operations of the armed forces on Thursday in…

The Nigerian Maritime Administration and Safety Agency (NIMASA) has reaffirmed its commitment to supporting the National Drug Law Enforcement Agency (NDLEA) in the fight against drug abuse and trafficking within Nigeria’s maritime domain. This was emphasized during a courtesy visit by the NDLEA Chairman, Brig. Gen. Mohammed Buba Marwa (rtd),…

Woman who allegedly threatened Seyi Tinubu, IGP gets N10m bail   Olamide Thomas and her team of lawyers shortly after the ruling on her bail application by Justice Emeka Nwite of a Federal High Court in Abuja Abuja, Jan. 6, 2024 (NAN) A Federal High Court in Abuja  on Monday,…

The Defence Headquarters (DHQ) has announced that its troops successfully neutralized 10,937 terrorists and recovered 8,815 weapons, along with 228,004 rounds of ammunition during operations conducted between January and December 2024. The Director of Defence Media Operations, Major General Edward Buba, in a briefing  stated that this achievement underscores the…

It is important to address the concerns raised in Farooq Kperogi’s recent article, “Tinubu’s Buharisation of the NNPC”, and to clarify some of the misconceptions about the operations and leadership structure of the Nigerian National Petroleum Company (NNPC) Limited. First, employment, promotions, appointments, and movements of business leaders at the…