Aradel Strives to be a Fully Indigenous Company Operating in the Oil Sector Value Chain Speaking in a panel session at the Society of Petroleum Engineers (SPE) Nigerian Council’s 47th Nigeria Annual International Conference & Exhibition (NAICE) in Lagos, Managing Director and Chief Executive Officer of Aradel Holdings PLC, Adegbite Falade, disclosed that the company…
NNPC Ltd Launches Utapate Crude Oil Grade The NNPC Ltd has announced the introduction of Utapate crude oil blend, a new crude oil grade into the international crude oil market. From Oil Mining Lease (OML) 13, fully operated by NEPL, NNPC Ltd’s upstream subsidiary, the Utapate crude oil blend commenced operations in July 2024, as…
Embracing Inevitability of Midstream and Downstream Development Prioritizing adoption of digital technologies and data analytics to improve operational efficiency Addressing delegates at the 47th Nigeria Annual International Conference and Exhibition (NAICE) 2024, the Permanent Secretary of Ministry of Petroleum Resources, Ambassador Nicholas Agbo Ella, commended the organiser’s for the theme of this year’s conference, “Petroleum…
NUPRC Recognise Pivotal Role in Broader Petroleum Industry Value Chain- Komolafe It is my profound delight and honour to attend this event and indeed deliver this address to the esteemed gathering of eminent Industry practitioners and stakeholders in the Nigerian Oil & Gas Industry as well as our international counterparts. The Society of Petroleum Engineers…
Gas Development ‘ll lead to Nigeria’s prosperity, Lower Cost of Living- Ekpo …Hails NCDMB’s strides in Local Content Development Amidst the clamour for good governance and reduction in the cost of living in the country, the Minister of State for Petroleum Resources (Gas), Hon Ekperikpe Ekpo has asserted the Federal Government’s firm determination to advance…
“Diversify Transportation of Petroleum Products Now,” Heritage Energy’s GM Challenges Operators “98% of refined petroleum products within Nigeria are moved by road transportation, leading to high cost per unit volume and safety concerns.” “There’s need to find a solution to this,” says Sola Adebawo, Heritage Energy’s GM, Government Joint Ventures and External Relations. Sola said…
Nigeria’s Anthony Chiejina Among ‘2024 World’s Most Influential Communications Executives’ Anthony Chiejina, the Group Head of Corporate Communications at Dangote Group, has been honored by global PR firm Provoke Media as one of the “100 Most Influential Communications and Marketing Executives in the World for 2024.” Provoke Media highlighted the immense challenges corporations and brands…
TotalEnergies Empowers 79 Youths in Koko, Delta State through Skill Acquisition Program On June 26, 2024, TotalEnergies Marketing Nigeria Plc graduated its 2023 Skill Acquisition Program (SAP) batch in Koko, Delta State. This event marked a significant milestone in the company’s commitment to youth empowerment and community development. Since its inception in 2006, the TotalEnergies…
Government incurs over ₦633bn Electricity Subsidy in Q1 2024 The Federal Government of Nigeria expended over ₦633.30 billion on electricity subsidies during the first quarter of 2024, according to recent findings. The Nigerian Electricity Regulatory Commission’s quarterly report highlighted that this figure marks a 150.5 percent increase from the ₦252.76 billion spent in the last…
Seplat Energy Grows PBT to N244bn in H1 2024 … Achieves over 4.9 million hours without Lost Time Injury Seplat Energy PLC, a leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has announces its unaudited results for the for the six months ended 30 June 2024, declaring US 6 Cents total dividend per share for…