Oil, Gas and Energy

FG Looks To Dangote Refinery, Other Solutions as Jet A1 Hits N1000/litre

Until the Dangote Refinery comes on stream, there may be no respite from aviation fuel crisis rocking both airlines and the industry at large. The Minister of Aviation, Hadi Sirika, said this in reaction to the astronomical rise of aviation fuel, just as…

29/07/2022

Addax Workers Begin Strike

Employees of Addax Petroleum Development Nigeria have embarked on an industrial action over anti-labour practices. Addax, owned by China’s Sinopec Group, has four Oil Mining Licences operating the assets in Production Sharing Contract (PSC) with the Nigerian National Petroleum Company (NNPC) before its…

29/07/2022

We Never Received Subsidy Payment From Govt, Oando, Others Say

Many operators in the oil and gas sector yesterday told the House of Representatives Committee investigating money paid on subsidy by the Federal Government that they have not received any subsidy payment from the government since 2015. The companies said the transactions…

28/07/2022

NNPC Ltd: We’re NOT Planning To Sack Or Cut Staff Salaries

THE Nigerian National Petroleum Company Limited (NNPC Ltd) has debunked media reports that it has commenced retrenchment of its workers after transitioning to a commercially driven entity. The Group General Manager, Group Public Affairs Department of the NNPC Ltd., Garba Deen Muhammad, said…

26/07/2022

TotalEnergies Commences 50,000bpd Ikike Field Production

French oil and energy company TotalEnergies has begun production from the Ikike field in Nigeria, which is expected to deliver peak production of 50,000 barrels of oil equivalent per day by the end of 2022, it said on Monday. The field production…

26/07/2022

NNPC Offers Exit Package To Staff Willing To Leave Before Retirement Date

The Nigerian National Petroleum Company Limited (NNPCL) has offered workers willing to exit the firm before their due retirement a “tempting” package to facilitate their leaving the company, THISDAY learnt yesterday. It was gathered that as many as 500 employees may be affected…

26/07/2022

Fed Govt Shuts Scorpion Oil Services In Lagos

The Federal Government has shut down the diving operations of Scorpion Oil Services onboard MV African Installer offshore Lagos for operating without the requisite approvals and violating the provisions of the Factories (Diving at Work) Regulations, 2018. The decision to close operations…

26/07/2022

Port Harcourt Begins Refining Of 60, 000bpd In 2023

The Managing Director of the Port Harcourt Refining Company Limited, Ahmed Dikko, has assured that the rehabilitation of the Old Port Harcourt Refinery with a refining capacity of 60, 000 barrels per day would be completed and put to use by the…

24/07/2022

EU To Replace Gas From Russia With Nigeria — Official

The European Union (EU) will soon replace the gas from Russia with Nigeria’s gas following the invasion in Ukraine. The European Union (EU) Delegation to Nigeria and ECOWAS disclosed this yesterday. Deputy Director-General Department for (Energy), European Commission in Brussels, Mr Matthew Baldwin,…

23/07/2022

FG Challenges Indigenous Oil Firms To Fill Void Created By Divesting IOCs

The federal government has challenged the Indigenous Petroleum Producers Group (IPPG) to take advantage of the ongoing divestments by International Oil Companies (IOCs) to significantly increase their investments in oil and gas assets in the country. The Minister of State, Petroleum Resources, Chief…

22/07/2022

Oil, Gas and Energy

FG Looks To Dangote Refinery, Other Solutions as Jet A1 Hits N1000/litre

Addax Workers Begin Strike

We Never Received Subsidy Payment From Govt, Oando, Others Say

NNPC Ltd: We’re NOT Planning To Sack Or Cut Staff Salaries

TotalEnergies Commences 50,000bpd Ikike Field Production

NNPC Offers Exit Package To Staff Willing To Leave Before Retirement Date

Fed Govt Shuts Scorpion Oil Services In Lagos

Port Harcourt Begins Refining Of 60, 000bpd In 2023

EU To Replace Gas From Russia With Nigeria — Official

FG Challenges Indigenous Oil Firms To Fill Void Created By Divesting IOCs

Subscribe to our Newsletter

Stay updated with the latest legal insights, news, and resources delivered straight to your inbox.

Best Choice for Creatives