Dangote Refinery Raises Petrol Prices to N955 per Litre Amid Global Oil Price Surge The Dangote Petroleum Refinery has announced an increase in the price of Premium Motor Spirit (PMS), commonly referred to as petrol, due to rising global crude oil prices. Effective from 5:30 PM today, the new pricing structure will apply to all…
PETAN Chairman Advocates National Policy on Oil and Gas Production at Industry Stakeholders Engagement The Chairman of the Petroleum Technology Association of Nigeria (PETAN), Engr. Wole Ogunsanya, has called for the formulation of a National Policy on Oil and Gas Production Volumes to ensure sustainability in the sector. This proposal was made during the Petroleum…
Dangote Refinery Eases Pressure on European Petroleum Markets, Says OPEC The Organisation of the Petroleum Exporting Countries (OPEC) has acknowledged the significant impact of Nigeria’s Dangote Petroleum Refinery on the global petroleum market. The refinery, with a capacity of 650,000 barrels per day, commenced operations in September 2024, exporting petroleum products such as diesel and…
NNPC Ltd Denounces Fake Recruitment Announcement for Port Harcourt Refining Company (PHRC) The Nigerian National Petroleum Company Limited (NNPC Ltd) has warned the public to disregard a fraudulent recruitment announcement circulating online, allegedly for the Port Harcourt Refining Company (PHRC). In an official statement, NNPC Ltd clarified that there is no separate recruitment process for…
NNPCL Remits ₦10 Trillion in 2024, Maintains Top Taxpayer Status The Nigerian National Petroleum Company Limited (NNPCL) has announced a record remittance of ₦10 trillion to the federation account for 2024, reaffirming its position as the highest taxpayer in Nigeria and the only company in the country to publish 100% of its annual account statements….
Eterna Plc Appoints Olumide Adeosun as New MD/CEO The Board of Directors of Eterna Plc has announced the appointment of Mr. Olumide Adeosun as the company’s new Managing Director/Chief Executive Officer, effective February 3, 2025. In a statement issued on Thursday by the Company Secretary and Legal Adviser, David Edet, the Board expressed its gratitude…
Eni Awards 30 Postgraduate Scholarships to Nigerian Graduates In a significant boost to education and skill development in Nigeria, Eni’s subsidiary, Nigerian Agip Exploration Limited (NAE), in partnership with NNPC Limited and NAE PSC, has awarded postgraduate scholarships to 30 exceptional Nigerian graduates for the 2024/2025 academic year. The beneficiaries were selected from over 600…
TCN Boosts Power Supply in Ota Communities with New 132/33kV Transformer The Transmission Company of Nigeria (TCN) has significantly improved electricity supply in Ota and surrounding communities by installing and commissioning a state-of-the-art 132/33kV transformer. The new transformer, with a capacity of 60MVA, is expected to enhance power stability in both residential areas and the…
Chevron Nigeria Reaffirms Commitment to Climate Action and Conservation at 23rd Chief S.L. Edu Memorial Lecture …38 PhD S.L. Edu Grants Awarded Since 2006 Chevron Nigeria Limited (CNL) has reaffirmed its dedication to advancing climate action, nature conservation, and supporting global net-zero goals through innovation, collaboration, and research in Nigeria. This was announced during the…
NLCGA Disclaims False Education about LPG Safe Cylinder Filling Capacity The Nigeria Liquefied & Compressed Gases Association (NLCGA) attention has been drawn to a video making the rounds on social media about LPG cylinder safety Vis a Vis the safe filling capacity of domestic gas cylinders. In the video, the well-meaning gentleman warns cooking gas…
