Seplat declares $29m interim dividend to shareholders in Q3
… as £382m Eland acquisition to create long-term value for shareholders – Avuru UGO AMADI Seplat Petroleum Development Company Plc (SEPLAT), leading Nigerian independent oil and gas company listed on...
View ArticleOTL 2019: ‘Our refinery ll’ rely on ports, roads for distribution of fuel...
Dangote Group Executive Director Devakumar Edwin said that the Africa’s largest oil refinery will deliver its fuels to Nigerian consumers via roads and sea ports, and will effectively replace all of...
View ArticleOTL 2019: Dirty fuel products still finding ways into Nigeria
UGO AMADI Worried about the dirty petroleum products ,Operators in the nation’s downstream sector have raised concerns about the rise in the volume of unwanted commodities like dirty fuel products in...
View ArticleOTL 2019: Nigeria targets 40% reduction in petrol and diesel consumption,...
UGO AMADI The Federal Government said that it was working towards achieving a 40 per cent energy switch from the consumption of Premium Motor Spirit (petrol), Dual Purpose Kerosene (kerosene) and...
View ArticleOando posts N13bn Q3 2019 profit
UGO AMADI Oando Plc has announced its unaudited results for the third quarter ended September 2019, which showed that its profit after tax increased by 26 per cent to N13.1 billion, up from the N10.4...
View ArticleOTL 2019 NNPC reiterates drive against fuel smuggling, to improve import...
UGO AMADI The Nigerian National Petroleum Corporation (NNPC), has reiterated its commitment to entrenching downstream competitiveness using innovation and information technology. The Corporation also...
View ArticleOffshore wind to become $1trn industry by 2040 – IEA
Offshore wind power will expand impressively over the next two decades, boosting efforts to decarbonise energy systems and reduce air pollution as it becomes a growing part of electricity supply,...
View ArticleFuture Energy announces exciting, practical programme focusing on off-grid,...
UGO AMADI The organisers of the Future Energy Nigeria conference and exhibition have announced the programme for this year’s edition which will take place from Tuesday, November 12 to Wednesday,...
View ArticleNEITI: $42billion lost to crude oil and products theft in ten years
UGO AMADI Nigeria Extractive Industries Transparency Initiative (NEITI) has urged the government to embrace oil fingerprinting technology, the comprehensive metering infrastructure of all facilities,...
View ArticleNNPC to Automate Corporation’s Downstream Facilities, Says Kyari
… Confirms operation white already yielding positive results UGO AMADI The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has stated that the...
View ArticleNNPC Medical Set to Go Public with Commercial Services
…Inaugurates State-of-the-Art Diagnostics Laboratory UGO AMADI As part of its determination to curb medical tourism and capital flight, the medical arm of the Nigerian National Petroleum Corporation...
View ArticleNEITI & EFCC set to sign MoU
UGO AMADI The Nigeria Extractive Industries Transparency Initiative (NEITI) and the Economic and Financial Crimes Commission (EFCC) have agreed to sign a Memorandum of Understanding (MoU) that will...
View ArticleNPA, Port Of Antwerp Sign MoU towards operational efficiency
In an effort to boost its operational efficiency, the Nigerian Ports Authority (NPA) and the Port of Antwerp Belgium have signed a Memorandum of Understanding (MoU) in line with the desire to deepen...
View ArticleREMTRACK – NEITI says remedial issues receiving attention
The Nigeria Extractive Industries Transparency Initiative (NEITI) says the finding and recommendations contained in its audit reports are currently being reviewed for implementation by a joint...
View ArticleNCDMB Plan towards achieving 70% Nigerian Content by 2027
UGO AMADI The Executive Secretary of Nigerian Content Development and Monitoring Board (NCDMB) Simbi Wabote has affirmed the board’s commitment to its 10 Year Strategic Plan towards achieving 70%...
View ArticleNLNG Train 7 the next big deal for Nigeria – MD
Ugo Amadi The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Tony Attah, yesterday, described NLNG’s Train 7 project as the next big deal for Nigeria. Train 7 will...
View ArticleNigeria to begin online ship registration, Unveils High-Tech Registration...
UGO AMADI In a bid to have a world-class Ship Registry and enhance the Ease of Doing Business in the maritime sector, the Nigerian Maritime Administration and Safety Agency (NIMASA) has concluded plans...
View ArticleNPA empowers over 200 people in Inyisi Ikeduru, Imo state
UGO AMADI The Nigerian Ports Authority (NPA ) has donated good and items to over 200 people at Umuoziri Inyisi, Ikeduru LGA of Imo State as part of its Corporate Social Responsibility (CSR)...
View ArticleCoronavirus: NPA, other shareholders donate Agura Hotel as Isolation Centre
.. Suspends demurrage UGO AMADI The Nigerian Ports Authority as majority shareholders alongside other shareholders of the Agura Hotels, Abuja, have agreed to donate the 130-bed fully furnished hotel...
View ArticleNPA did not contradict the NCDC
UGO AMADI The Nigerian Ports Authority has cleared the air following public reactions to attempts by the Authority to get full details of COVID-19 cases said to have been found on a vessel. In a...
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