By Emmanuella Anokam The three tiers of government – Federal, state and local governments – shared N10.143 trillion from the Federation Account as statutory revenue allocations in 2023. Dr Orji Ogbonnaya Orji, Executive Secretary, Nigeria Extractive Industries Transparency Initiative (NEITI), said this in a report on the Federation Account revenueContinue Reading
By Emmanuella Anokam An Energy Expert, Prof. Billy Okoye has unveiled `AptFuel Technology’, an application capable of navigating and accessing availability, prices and ratings of petroleum products at fuel stations nationwide. Okoye, Coordinator, Oil, Gas and Energy Marketing, University of Abuja Business School and a former Group Executive Director, NigerianContinue Reading
By Emmanuella Anokam The Organisation of Petroleum Exporting Countries (OPEC) said crude oil output increased mainly in Nigeria and Libya, while production in Iran and Iraq decreased. OPEC said based on secondary data sources, total OPEC-12 crude oil production averaged 26.57 mb/d in February with 203 tb/d higher, month-on-month (m-o-m).Continue Reading
By Nefishetu Yakubu Seplat Energy JV/ NNPC E&P Limited on Wednesday disclosed that it had undertaken more than 90,000 eye surgeries in the last 12 years in its host communities of Edo, Delta and Imo. Mr Emmanuel Otokhine, Base Manager, Western Asset, Seplat Energy, made this known during the openingContinue Reading
By Emmanuella Anokam The Association of Nigerian Refineries Petroleum Marketers on Monday appointed Comrade Ikechukwu Chukwu as its National Task Force Coordinator 1 and Mr Innocent Ogu as secretary. Mr Usman Ali, Chairman, Board of Trustees of the association, announced the appointments at a news conference in Abuja. He saidContinue Reading
By Emmanuella Anokam Some Gas Dealers and FCT residents have decried the surge in the price of Liquefied Petroleum Gas (LPG), known as cooking gas. According to them, the Federal Government should as a matter of urgency wade into the issue. The dealers and residents who spoke to the NewsContinue Reading
By Emmanuella Anokam The Nigeria Extractive Industries Transparency Initiative (NEITI) has decried the 18 per cent participation of women in the oil and gas sector, and called for inspired inclusion and gender justice. The NEITI said its oil and gas industry report showed that all top high level management positionsContinue Reading
By Emmanuella Anokam The Federal Government has inaugurated the Governing Council of the Midstream and Downstream Gas Infrastructure Fund (MDGIF) with the charge to spur investment. Minister of State Petroleum Resources (Gas), Mr Ekperikpe Ekpo, inaugurated the council on Friday in Abuja. He called on the domestic and international stakeholdersContinue Reading
By Naomi Sharang The Crude Oil Theft and Management Committee, under the National Economic Council (NEC) says its engagement with stakeholders is yielding positive results against crude oil theft. The Chairman of the Committee and Gov. Hope Uzodimma of Imo said this when he briefed newsmen in Abuja. He saidContinue Reading
By Emmanuella Anokam The Federal Government has said that the 7th Nigeria International Energy Summit (NIES 2024) would serve as catalyst for positive change, innovation and resilience in view of industry challenges. The Secretary to the Government of the Federation (SGF), Sen. George Akume, stated this during the closing ceremonyContinue Reading
