Author: Simon

Stakeholders Hail HCDT’s Impact on Host Communities, Call for Greater Collaboration and Capacity Building By Ikenna Omeje Stakeholders in Nigeria’s oil and gas industry have commended the positive impact of the Host Community Development Trust (HCDT) on oil-producing communities, while calling for stronger collaboration among operators, regulators, and communities, as well as enhanced capacity building…

NNPCL Makes Revenue of N5.8tn with Profit of N748bn The Nigerian National Petroleum Company Ltd (NNPCL) has released its monthly report summary for the month of April 2025 recording N5.89tn as revenue. The company also made it known that it recorded a profit after tax of N748bn. NNPCL said the crude oil and condensate production…

Savannah Energy Reports Strong FY 2024 Unaudited Annual Results with 21% Increase in Reserves Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter, has announced its unaudited results for the year ended 31 December 2024. The FY 2024 Unaudited Results show a Total Income of US$393.8 million, compared…

Senate Committee Commends NCDMB, Pledges Support The Nigerian Content Development and Monitoring Board (NCDMB) on Thursday in Yenagoa got the thumbs-up from the Senate Committee on Local Content and a firm assurance that the Senate would provide adequate legislative support to drive the local content development initiatives of the Board. The Chairman of the Committee,…

AEW 2025: African Energy General Counsel Forum to Spotlight Strategic Legal Leadership, Deal-making and Doing Business in African Oil & Gas The African Energy Week (AEW): Invest in African Energies conference – taking place from September 29 to October 3 in Cape Town – will host a groundbreaking African Energy General Counsel Forum, aimed at…

Renaissance Energy halts production on Trans Niger pipeline following operational incident Nigerian oil firm Renaissance Energy has announced a halt in production on one of the lines feeding into the Trans Niger oil pipeline, a crucial artery for transporting crude oil from onshore oilfields to the Bonny export terminal. The suspension follows an operational incident,…

11Plc’s Commitment to Sustainability and Growth: A Review of the Company’s Performance 11 Plc has reported a strong revenue performance and significant contributions to gas utilization Ramesh Kansagra, Chairman of the company. Speaking at the company’s 47th Annual General Meeting held at Abuja Continental Hotel, Kansagra, through by Non-Executive Director Alhaji Abdulkadir Aminu, who chaired…