 Adeleye Falade has officially assumed office as the Managing Director and Chief Executive Officer of NLNG. He took up the role on Wednesday at the company’s Corporate Head Office in Port Harcourt, succeeding Philip Mshelbila, who was recently appointed Secretary-General of the Gas Exporting Countries Forum (GECF). General Manager, External Relations and Sustainable Development, Sophia […]Read More
April 02, 2026 Crude oil price moved higher today, adding some 5% from Wednesday, following President Donald Trump’s address to the nation, in which he said the United States would continue attacking Iran. Brent crude was trading at $107.49 per barrel at the time of writing, up by over 6% from Wednesday. WTI was up […]Read More
April 02, 2026 India on Thursday temporarily abolished the import tax on 40 key petrochemicals to provide relief to a range of industries as domestic petrochemical output is now diverted to the production of liquefied petroleum gas (LPG), the primary cooking fuel in the country. India’s Ministry of Finance said today it is providing full […]Read More
April 2, 2026 President Bola Ahmed Tinubu, GCFR, has appointed Professor Shu’aibu Shehu Aliyu as the Executive Secretary of the Petroleum Technology Development Fund (PTDF). He replaces Ahmed Galadima Aminu, who recently resigned to participate in the 2027 governorship election in Adamawa State. President Tinubu has also renewed Engineer Sule Ahmed Abdulaziz’s appointment as the […]Read More
April 01, 2026 BP’s new chief executive officer Meg O’Neill has pledged consistency and clear direction in her first message to staff as she takes over the top job at the UK-based supermajor effective April 1, amid very turbulent times for both the company and the energy industry. “I’m committed to providing clear direction and […]Read More
April 1, 2026 The Vice President, Sen. Kashim Shettima will, on Tuesday, April 7, perform the formal flag off the first University Innovation Pods (UNIPOD) in Nigeria at the University of Lagos. UNIPOD, an initiative of the United Nations Development Programme (UNDP) in partnership with the Federal Government of Nigeria, aims to reconfigure Nigeria’s development […]Read More
…Commends NUPRC, Sets New Goal of 3bcf by 2030 Renaissance Africa Energy Company Nigeria Ltd has commended the regulatory reforms of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), praising the Commission for driving its recent production growth, including a record 2.2 billion cubic feet (bcf) of gas output. The company’s Managing Director and Chief Executive […]Read More
The decision by African Export-Import Bank to anchor a $4 billion financing package for the Dangote Petroleum Refinery and Petrochemicals is more than a vote of confidence in a single industrial project—it is a bold statement about Africa’s economic direction and its readiness to take charge of its destiny. For decades, Nigeria’s oil paradox has […]Read More
April 1, 2026 President Bola Tinubu demonstrated foresight in July 2024, when he approved the use of the naira as the payment currency for crude oil supplied by the NNPC to the Dangote Refinery. Since the launch of the naira-for-crude initiative on October 1, 2024, Nigeria has experienced a strategic breakthrough amid the ongoing economic […]Read More
March 31, 2026 An Iranian drone reportedly hit a Kuwaiti oil tanker anchored at Dubai port, setting the vessel on fire, media reported earlier today, adding in later updates that the fire has been brought under control, per statements by the Dubai authorities, cited by Reuters. The very large crude carrier Al Salmi, with a […]Read More
Copyright © 2022, Energy Planets. All rights reserved
Join our mailing list to receive the latest news and updates from our team.