Oil & Gas
Nigeria plans to surpass 1.74bpd OPEC’s quota -NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that its focus is to exceed the Organisations of Petroleum Exporting Countries (OPEC)’s oil production quota of 1.74 million barrels per day (bpd). The Chief Executive, Mr Gbenga Komolafe, made the assertions shortly after he received an Award of Excellence from…
Read More »Shareholders laud Seplat Energy’s $204.4m 2022FY profit, 15 cents per share dividend
Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited (NGX) and the London Stock Exchange (LSE) has held its 10th Annual General Meeting (AGM) virtually with shareholders, regulators, company directors, and the media, amongst other stakeholders joining virtually. In his address to shareholders…
Read More »Oil exploration in Nasarawa: Buhari challenges NNPCL, partners on environmental consequences
President Muhammadu Buhari on Tuesday inaugurated the first oil drilling of the Ebenyi-A Exploration Well located in the Middle Benue Trough in Obi Local Government Area of Nasarawa State. Buhari in his virtual spud-in ceremony of the Well, admonished the Nigerian National Petroleum Company Ltd. (NNPCL) and its partners to…
Read More »NNPC Ltd. to begin drilling in Nasarawa State, March 21
The Nigeria National Petroleum Company Limited (NNPC Ltd), will begin drilling of the first oil well in Obi/Keana Nasarawa State on March 21. Malam Mele Kyari, Group Chief Executive Officer of NNPC Ltd., made the disclosure when he led Management of the Company on a courtesy visit to His Excellency,…
Read More »
