NNPC Ltd.: Redefining Corporate Social Responsibility Through Transformative Healthcare and Community Initiatives
|

NNPC Ltd.: Redefining Corporate Social Responsibility Through Transformative Healthcare and Community Initiatives

NNPC Ltd.: Redefining Corporate Social Responsibility Through Transformative Healthcare and Community Initiatives NNPC Ltd. has emerged as a transformative force in Nigeria, leveraging its Corporate Social Responsibility (CSR) initiatives to address some of the country’s most pressing challenges, particularly in healthcare and community development. Through innovative partnerships, targeted programs, and infrastructure projects, NNPC Ltd. is…

US Repatriates $52.88M Linked to Diezani Alison-Madueke to Nigeria
|

US Repatriates $52.88M Linked to Diezani Alison-Madueke to Nigeria

US Repatriates $52.88M Linked to Diezani Alison-Madueke to Nigeria The United States government has repatriated $52.88 million linked to Nigeria’s former Petroleum Resources Minister, Diezani Alison-Madueke, marking a significant step in ongoing efforts to recover assets tied to corruption. The funds, forfeited from the Galactica assets connected to Alison-Madueke and her associates, were formally handed…

US Targets Russia’s Oil Revenues with Broadest Sanctions Yet

US Targets Russia’s Oil Revenues with Broadest Sanctions Yet

US Targets Russia’s Oil Revenues with Broadest Sanctions Yet The Biden administration has rolled out its most extensive sanctions package targeting Russia’s oil and gas revenues, aiming to weaken Moscow’s financial capacity to sustain its war in Ukraine. The sanctions, announced Friday, are designed to disrupt the Kremlin’s primary source of income, dealing a significant…

Media Invite to SAIPEC conference – 11 to 13 February in Lagos

Media Invite to SAIPEC conference – 11 to 13 February in Lagos We are honoured to invite you to the ninth annual sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) at the Eko Convention Center in Lagos, Nigeria from 11- 13 February 2025: https://saipec-event.com The Petroleum Technology Association of Nigeria (PETAN) again hosts the conference in a strategic partnership…

Axxela Announces Strategic Business Restructuring… Transitions to a Group Structure

Axxela Announces Strategic Business Restructuring… Transitions to a Group Structure

Axxela Announces Strategic Business Restructuring… Transitions to a Group Structure Axxela Limited, a leading gas and power portfolio company in sub-Saharan Africa, has announced a bold organisational restructuring as part of its strategic commitment to accelerating growth and expanding market influence. This transformation to a group structure marks a significant milestone in the company’s journey…

Three Scores and Many Trophies: Mele Kolo Kyari at 60
|

Three Scores and Many Trophies: Mele Kolo Kyari at 60

Three Scores and Many Trophies: Mele Kolo Kyari at 60 –By Nnanke Harry Willie As the golden rays of his 60th birthday dawned, Mele Kolo Kyari is standing tall on a constellation of stellar achievements. He hit the Biblical three scores on a bull’s eye with news of long dead, abiku refineries becoming ‘born again’….

Shell Begins Production at Gulf of Mexico’s Whale Field

Shell Begins Production at Gulf of Mexico’s Whale Field

Shell Begins Production at Gulf of Mexico’s Whale Field Shell has commenced commercial production at the Whale oil field in the Gulf of Mexico, targeting peak output of 100,000 barrels per day. This milestone marks a significant step in Shell’s broader strategy to achieve a combined peak production of over 500,000 barrels of oil equivalent…

Tompolo Commends Mele Kyari for Revitalizing Nigeria’s Oil Industry
|

Tompolo Commends Mele Kyari for Revitalizing Nigeria’s Oil Industry

Tompolo Commends Mele Kyari for Revitalizing Nigeria’s Oil Industry Chief Government Ekpemupolo, popularly known as Tompolo, has lauded the Group Chief Executive Officer of NNPC Limited, Mallam Mele Kyari, for his transformative leadership in reviving Nigeria’s oil industry. The ex-agitator and Chairman of Tantita Security Services Nigeria Limited issued the commendation through a statement by…

Asia Shifts Oil Supply Sources

Asia Shifts Oil Supply Sources Amid Looming Sanctions on Iran and Russia

Asia Shifts Oil Supply Sources Amid Looming Sanctions on Iran and Russia Asian oil giants China and India are ramping up crude imports from the Middle East and Africa in response to anticipated sanctions targeting Iranian and Russian oil, Bloomberg reports. Recent weeks have seen a tightening supply of Russian and Iranian crude due to…

Dangote Refinery Reshapes Nigeria’s Crude Oil Trade Landscape in 2024

Dangote Refinery Reshapes Nigeria’s Crude Oil Trade Landscape in 2024

Dangote Refinery Reshapes Nigeria’s Crude Oil Trade Landscape in 2024 The Dangote Petroleum Refinery has transformed Nigeria’s crude oil trade dynamics by retaining 13% of the country’s crude oil exports for domestic supply in 2024, as reported by Reuters. This shift has increased the domestic share of Nigeria’s oil exports, slightly reducing exports to Europe…