By Emmanuella Anokam The Federal Government has taken a decisive step to revitalise the gas industry and stabilise power generation after President Bola Tinubu authorised the settlement of N185billion in long-standing debts owed to natural gas producers. The move, endorsed on Wednesday by the National Economic Council (NEC) headed byContinue Reading
By Joy Akinsanya Stakeholders in the petroleum sector have been called upon to prioritise safety and avoid impatience as business activities increase towards the end of the year. Dr Akinyemi Atilola, Ogun Coordinator, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Abeokuta Field Office, made the call during a stakeholders’Continue Reading
By Vivian Emoni The Fiscal Responsibility Commission (FRC) has reaffirmed its commitment to enhancing transparency and achieving a robust accountability in the nation’s oil and gas industry. Dr Victor Muruako, Executive Chairman of the commission, emphasised the commitment on Monday in Abuja, at a one-day Legislative Stakeholders Workshop on SynergyContinue Reading
By Emmanuella Anokam The Nigerian National Petroleum Company Limited (NNPC Ltd.) has declared a Profit After Tax (PAT) of N5.4 trillion on a revenue of N45.1 trillion for its financial performance for 2024. This represents a 64 per cent increase from N3.3 trillion PAT recorded in 2023. Mr Bashir Ojulari,Continue Reading
By Grace Alegba The Nigerian Society of Engineers (NSE) has congratulated a fellow of the society, Elozino Olaniyan, on her appointment as first female Chief Executive Officer of Midwestern Oil and Gas. In a congratulatory letter, NSE President, Mrs Margaret Oguntala, said that the appointment which takes effect from Dec.Continue Reading
By Emmanuella Anokam The Midstream and Downstream Gas Infrastructure Fund (MDGIF) has concluded discussions with leading Chinese manufacturer, Endurance Group, to build 500 Compressed Natural Gas (CNG) refuelling stations across Nigeria over the next three years. Mr Oluwole Adama, Executive Director of the Midstream and Downstream Gas Infrastructure Fund (MDGIF),Continue Reading
By Vivian Emoni The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has reaffirmed its commitment to ensuring that host communities in oil and gas-producing areas, receive fair benefits in the country. Chairman of the RMAFC, Dr Mohammed Shehu, made this known, when he received a delegation from the Host CommunitiesContinue Reading
By Angela Atabo Experts in the pipeline sector have called for the establishment of a national pipeline framework and an integrated digital command and control centre to secure Nigeria’s energy assets. They made the call at the 2025 Nigerian International Pipeline Technology and Security Conference (NIPITECS) with the theme “BuildingContinue Reading
By Suleiman Shehu The National Automotive Design and Development Council (NADDC) has trained 50 auto-technicians in Oyo State on the maintenance and repair of petrol and Compressed Natural Gas (CNG) tricycles. NADDC held the Ibadan training, collaborating with the Office of the Special Assistant to the President on Youth InitiativeContinue Reading
By Angela Atabo Pipeline Professionals Association of Nigeria (PLAN) has commended the decline in cases of pipeline vandalism across the country, describing pipeline systems as the lifeblood of national development. Mr Geoff Onuoha, the Chairman of the Board of Trustees of PLAN, made the commendation on Tuesday at the 2025Continue Reading
