Seplat Energy Reports N1.652 Trillion Revenue in 2024, Declares US 16.5 Cents Dividend Per Share Seplat Energy PLC, a leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has announced its audited results for the financial year ended December 31, 2024. The company showcased significant operational and strategic…
Shell exhibition delivers value as Energy Summit ends in Abuja Shell companies in Nigeria underlined their participation at the 8th Nigeria International Energy Summit (NIES) in Abuja with a high-profile exhibition that hosted dignitaries among them the Minister of State for Petroleum Resources (Oil) Senator Henieken Lokpobiri. The Minister was briefed on the range of Shell…
Dangote Refinery in to Refund Customers Overcharged for Fuel, Absorb N16 Billion Loss Dangote Petroleum Refinery & Petrochemicals has announced a customer refund initiative for those who purchased Premium Motor Spirit (PMS) above the advertised rates from its key partners, MRS, Heyden, and AP (Ardova Plc), across Nigeria. This move comes after the refinery recently…
Nigeria Urged to Prioritize Ending Energy Poverty, Advocate for CNG Use Huub Stokman, Chairman of the Major Energies Marketers Association of Nigeria (MEMAN) and Chief Executive Officer of NNPC Retail Services, has called on Nigeria to urgently address its energy poverty crisis. Speaking at the Nigerian International Energy Summit (NIES), Stokman emphasized the global nature…
IOCs Cannot Take Nigeria for Granted – Okunbor Amid speculations that International Oil Companies (IOCs) are exiting Nigeria due to ongoing divestments and asset sales, the Country Chair and Managing Director of Shell Petroleum Development Company of Nigeria (SPDC), Osagie Okunbor, has reaffirmed that Nigeria remains a critical player in the global energy sector. Speaking…
Women Hold the Key to Africa’s Green Energy Future, Says Transcorp CEO Dr. Owen Omogiafo, Chief Executive Officer of Transcorp Plc, has asserted that women are crucial to the future success of energy in Nigeria and across the African continent, particularly in the shift towards cleaner, sustainable energy sources. Speaking at a “Women in Energy”…
NIES Provides Platform for Collaboration, Strategic Partnerships for Industry Stakeholders – Lokpobiri The Nigerian International Energy Summit (NIES) has once again proven to be a vital platform for collaboration and strategic partnerships among industry stakeholders, according to Senator Heineken Lokpobiri, Minister of State, Petroleum Resources (Oil). The Minister made this assertion during the opening ceremony…
Nigeria’s Oil and Gas Sector Sees Surge in Investment and Production, Regulator Reports The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced significant gains in the nation’s oil and gas sector, attributing the progress to its strategic regulatory interventions. Speaking at the Nigeria International Energy Summit (NIES), Commission Chief Executive (CCE), Engr. Gbenga Komolafe, highlighted…
Robust Host Communities Engagement Key to Future Production Growth – Irune At the Nigeria International Energy Summit (NIES), Ainojie ‘Alex’ Irune, Managing Director of Oando Energy Resources, emphasized that robust engagement with host communities will play a critical role in boosting Nigeria’s future energy production. Speaking during a panel session, Irune stressed the importance of…
NCDMB Advocates Africa-wide Local Content Framework for Economic Prosperity. The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has called for the establishment of an Africa-wide local content framework to harmonise policies and foster cross-border partnerships in the oil and gas sector. Speaking at the Nigerian International Energy…
