NNPC Limited Reaffirms: Port Harcourt Refinery Not for Sale The Nigerian National Petroleum Company Limited (NNPC Ltd) has categorically dismissed speculations regarding the sale of the Port Harcourt Refining Company, stating that the refinery is not for sale and remains a critical national asset. Speaking during a company-wide town hall meeting at the NNPC Towers…
Chevron Nigeria Debunks Oil Spill Claims in Ondo State, Reaffirms Environmental Commitment Chevron Nigeria Limited (CNL), operator of the joint venture with the Nigerian National Petroleum Company Limited (NNPCL), has addressed recent media reports alleging an oil spill at its Berth Offshore Platform (BOP) located in the western operations area of Ondo State. In a…
HIRING: Geoplex Drillteq Limited Job Title: HR Trainee Location: Lagos, Nigeria Apply via: https://lnkd.in/dmiTaeF7 Deadline: 31st July, 2025 About the Role: This entry-level opportunity is designed to provide hands-on exposure across core HR functions, including recruitment, employee relations, training and development, HR operations, and compliance, within a fast-paced and structured work environment. Key Responsibilities: –…
NCDMB Trains 305 Youths in Advanced Oil & Gas Skills at Rivers State University The Nigerian Content Development and Monitoring Board (NCDMB) is actively investing in Nigeria’s future workforce, as 305 youths undergo specialised technical training in oil and gas industry skills at the Centre for Marine and Offshore Technology Development (CMOTD), located at Rivers…
TotalEnergies and CMA CGM Launch Joint Venture to Deliver LNG Bunkering at Europe’s Busiest Port In a significant move to accelerate the decarbonization of global shipping, TotalEnergies and French shipping powerhouse CMA CGM Group have announced a 50/50 joint venture to provide LNG bunkering services at the Port of Rotterdam — the largest seaport in…
Big Oil Faces Profit Squeeze in Q2 Despite Price Swings — Trading Divisions Remain a Mystery Global oil and gas giants are bracing for weaker earnings in the second quarter of 2025, as falling crude prices take a toll on profits. Yet, when it comes to the trading arms of Big Oil, analysts and investors…
U.S. Becomes Net Crude Oil Exporter to Nigeria in Surprising Market Shift In a rare turn of events, the United States became a net exporter of crude oil to Nigeria in February and March 2025, marking the first time in history that oil shipments from the U.S. to Nigeria surpassed those in the opposite direction….
Oil Prices Steady as Mixed U.S. Data Balances EU’s Fresh Russia Sanctions Global crude markets hold ground despite geopolitical tensions and economic uncertainty Crude oil prices remained relatively flat on Friday, as traders weighed new European Union sanctions targeting Russia’s oil sector against mixed economic signals from the United States. The steady market response kept…
Shock as Nigeria’s Electricity Subsidy Skyrockets by 220% to Nearly ₦2 Trillion Amid Economic Strain Nigeria’s electricity subsidy burden has ballooned to alarming levels, with the Federal Government’s subsidy on power rising from ₦610 billion in 2023 to a staggering ₦1.94 trillion in 2024 — a 219.67% increase, according to the Nigerian Electricity Regulatory Commission…
Dangote Refinery Suspends Discounted Fuel Scheme Over Widespread Fraud The Dangote Petroleum Refinery and Petrochemicals has suspended its discounted fuel supply scheme following the discovery of a widespread fraud involving some of its strategic partners and affiliate marketers. According to a letter issued on July 13 and signed by Fatima Dangote, Group Executive Director for…