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
Okeoghene Akubuike Weeks after the Federal Government promised to address the rising cost of Liquefied Natural Gas (LPG) known as cooking gas, the commodity has remained expensive across Abuja. A survey by the News Agency of Nigeria (NAN) in Abuja on Sunday, revealed that cooking gas still sells for asContinue Reading
By Emmanuella Anokam The Nigerian National Petroleum Company (NNPC) Ltd is charting a sustainable course for Africa’s energy future through technology deployment, business integration and strategic partnerships. Mr Mumuni Dagazau, the Executive Vice President, Downstream, NNPC Ltd., stated this at a high-level panel session on the Future of Refining duringContinue Reading
By Emmanuella Anokam Alhaji Ahmadu Kida, Chairman, Board of Directors, Nigerian National Petroleum Company Limited (NNPC Ltd.), has outlined a new vision for the company anchored on collaboration, accountability and strong governance. Kida made this known at a leadership panel session at the ongoing Abu Dhabi International Petroleum Exhibition andContinue Reading
