Seven renewable energy start-ups who have all demonstrated excellence in innovation will each be awarded $10,000 at the end of the Clean Technology Incubation and Acceleration Foundation, CTIAF incubation program sponsored by Shell-funded impact investing firm, All On. These seven companies represent start-up businesses from around the country, whose innovativeRead More

Association of Energy Correspondents of Nigeria, NAEC has announced its plan to hold its first international conference come August 2021. This was revealed by the Chairman, Association of Energy Correspondents of Nigeria, NAEC, Olu Philips during a courtesy visit by executives of the association to the NNPC Towers, Abuja onRead More

…as Association calls for improved information dissemination from Corporation   As a way to further contribute their quota to national development, the Nigerian National Petroleum Corporation, NNPC has advised energy correspondents to practice developmental journalism as against sensational reporting. The advice was given by the Group General Manager, Group PublicRead More

The Major Oil Marketers Association of Nigeria, MOMAN has Said one of the major reasons it advocates for the deregulation of the petroleum downstream sector is to ensure adequate margins to finance depot safety upgrades. The Association made this known in a statement on Sunday while giving an update onRead More

House of Representatives Committee on Public Accounts has summoned Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, over alleged withdrawal of $20.3 billion from the Nigerian Liquefied Natural Gas (NLNG) dividend account. Its chairman, Wole Oke, expressed concern over the NNPC chief’s supposed refusal toRead More

OVH Energy, operators of the tank farm gutted by fire on Thursday at Marine Beach, Ijora, Lagos State has confirmed the incident in a statement by its Corporate communications Department.   According to the release, the fire started from a nearby tank within the terminal, adding that an investigation isRead More

Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL (the NNPC/CNL JV), has announced the appointment of Mr. Richard (Rick) Kennedy to the position of Chairman and Managing Director, effective November 1, 2020. Until his appointment, Mr. Kennedy was Director, Deepwater,Read More

The Department of Petroleum Resources, DPR received the sum of N6.66bn from the Federation Account Allocation Committee, FAAC for the month of September 2020. The Department received the allocation as cost of revenue collections for the month. The FAAC had disbursed the sum of N682.06bn to the three tiers ofRead More

    The chairman of AMNI International Petroleum, Chief Tunde Afolabi has commended the Centre for Petroleum Information (CPI) for marking a milestone in the oil and gas industry by publishing an authoritative reference book during its 20th-anniversary event which held in Lagos recently.   The 440-page book with theRead More

…Says No Fatalities or Injury The Nigerian Petroleum Development Company, NPDC , an upstream subsidiary of the Nigerian National Petroleum Corporation, has reported an explosion at a production facility in Oil Mining Lease (OML) 40 involving its partners Elcrest Exploration and Production Nigeria Limited while carrying out production evacuation atRead More