The Nigerian Liquefied Natural Gas, NLNG, on Thursday, commissioned a state-of-the-art modern laboratory complex at Abubakar Tafawa Balewa University Teaching Hospital (ATBUTH), reaffirming its commitment to improving access to quality healthcare across the country. NLNG’s Manager, Corporate Communication and Public Affairs, Mrs. Anne-Marie Palmer-Ikuku disclosed this in a statement made available to newsmen in Port […]Read More
Petroleum Ministry Steps Up To Improve ICPC Transparency And Accountability
The Ministry of Petroleum Resources (MPR) has reaffirmed its commitment to strengthening transparency and accountability across its departments, with a view to improving its performance rating by the Independent Corrupt Practices and Other Related Offences Commission (ICPC). This renewed commitment was evident at the deployment of the Ethics and Integrity Compliance Scorecard (EICS) and the […]Read More
Olufemi Soneye Resigns as NNPCL Chief Corporate Communications Officer
Olufemi Soneye, the Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited (NNPCL), has resigned from his appointment. Soneye disclosed this in a statement made available to media on Saturday. Soneye’s full statement: Dear Esteemed Colleagues, I extend my heartfelt gratitude to you all for the unwavering support, professionalism, and genuine commitment you’ve […]Read More
How High Will Oil Prices Determine Middle East Supply-Citi, ING
Jun 20, 2025 When the wholesale oil price goes up, many people notice it first when it leads to higher petrol prices. But more expensive energy also feeds through to higher prices for almost everything, from farming to manufacturing. When it comes to food, higher energy costs can lead to higher prices on the shelf […]Read More
Jun 19, 2025 Chevron Explores Sale of Singapore Refinery Stake Reuters reported on Thursday, citing multiple sources with knowledge of the matter. Singapore Refining Company is a 50/50 joint venture between Chevron and Chinese state-run oil and gas giant PetroChina. The refinery in Singapore can process 290,000 barrels per day (bpd) of crude oil, with the fuel traded through […]Read More
Oil price hits $76.71/barrel as Iran-Israel Conflict Deepens
The prices of oil rose on Wednesday, June 18, 2025, extending a 4% gain from the previous session on worries that the Iran-Israel conflict could disturb supplies. Brent crude futures rose 26 cents, or 0.3%, to $76.71 a barrel by 0440 GMT, while U.S. West Texas Intermediate crude futures rose 35 cents, or 0.5%, to […]Read More
Minister of State for Petroleum Resources (Oil), Lokpobiri Confirmed Participation
AOW: Energy is proud to confirm the participation of His Excellency Senator Heineken Lokpobiri, Honourable Minister of State for Petroleum Resources (Oil) of the Federal Republic of Nigeria, at the Ministerial Summit of AOW:Energy 2025 in Accra. This moment marks a significant milestone in AOW:Energy’s relationship with Nigeria which has always been an ever present […]Read More
Seplat Energy first to receive CIPS Procurement Excellence Standard Certificate
The Chartered Institute of Procurement and Supply (CIPS) has presented the Procurement Excellence Standard Certificate to Seplat Energy Plc, the foremost Nigerian independent energy company. The Global Chief Executive Officer, CIPS, Ben Farrell, made the presentation to Seplat Energy at the company’s office in Ikoyi – Lagos State on June 5th 2025. Farrell led a […]Read More
June 5, 2025 The gas market was highly seasonal and regional, but now it’s ‘globally integrated,’ says portfolio manager. Natural gas is expected to provide the largest share of net U.S. summer generation capacity, according to the Federal Energy Regulatory Commission. It’s that time of year again, when the need for cooling in the summer […]Read More
Award: PIA ensured optimum productivity in petroleum ministry – Perm
Dr Vitalis Obi, Permanent Secretary, Ministry of Petroleum Resources, says the Petroleum Industry Act (PIA) has brought out the best in the staff of the ministry going by the high level of productivity they have exhibited. Obi said this on Wednesday in Abuja during the 2025 ministerial award presentation to outstanding retirees of the ministry […]Read More
