• April 30, 2025
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Category : Oil and Gas

Nigeria Set to Become Petroleum Exporting Nation by 2027, Says PETROAN
energy news Oil and Gas

Nigeria Set to Become Petroleum Exporting Nation by 2027, Says

April 22, 2025

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has forecast that Nigeria will emerge as a full-fledged petroleum exporting country within the next two years. This optimistic projection comes in the wake of the Nigerian Midstream and Downstream Petroleum Regulatory Authority’s (NMDPRA) announcement of a significant milestone—the licensing of 83 refineries nationwide, boasting […]Read More

NNPCL’s Olufemi Soneye named NIPR 2025 Spokesperson of the Year
general-news:General News Oil and Gas

NNPCL’s Olufemi Soneye named NIPR 2025 Spokesperson of the Year

April 19, 2025

Mr. Olufemi Soneye, the Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited (NNPCL), has emerged as the Nigerian Institute of Public Relations (NIPR) Spokesperson of the Year 2025.  The prestigious award was presented during a highly competitive event held in Abuja on Wednesday night. Soneye edged out top contenders, including Shell Petroleum’s […]Read More

NNPC Targets $60bn Investment, 3mbpd Oil Output by 2030
energy news Oil and Gas

NNPC Targets $60bn Investment, 3mbpd Oil Output by 2030

April 17, 2025

The newly appointed leadership of the Nigerian National Petroleum Company (NNPC) Limited has outlined an ambitious strategy to attract sectoral investments totalling $30 billion by 2027, with a long-term goal of reaching $60 billion by 2030. The state-owned energy giant is also setting its sights on increasing Nigeria’s crude oil output to over 2 million […]Read More

Naira-for-crude Deal ‘Remains In Effect’ – FG
energy news Oil and Gas

Naira-for-crude Deal ‘Remains In Effect’ – FG

April 9, 2025

The Federal Government, through the Ministry of Finance, has confirmed that the Naira-for-crude arrangement with local refiners, including the Dangote Refinery, is still in place. The Technical Sub-Committee on the Crude and Refined Product Sales in Naira initiative convened an update meeting on Tuesday to review progress and address ongoing implementation matters. In a statement […]Read More

Re-Dangote pledge to make Nigeria self-sufficient in cement, petroleum, others
Oil and Gas Solid minerals

Re-Dangote pledge to make Nigeria self-sufficient in cement, petroleum, others

April 7, 2025

Dangote Industries Ltd. says it would ensure that Nigeria becomes self-sufficient in cement, agriculture, mining and petroleum production. The Regional Sales Director, Southeast, Dangote Cement, Dr Abayomi Shittu stated this in an interview with the News Agency of Nigeria (NAN) in Enugu on Sunday at the ongoing 36th Enugu International Trade Fair. “Dangote Industries Ltd. […]Read More

Tinubu Sacks Mele Kyari, Appoints Bayo Ojulari As NNPC Boss In Sweeping Shake-Up
news Oil and Gas

Tinubu Sacks Mele Kyari, Appoints Bayo Ojulari As NNPC Boss

April 2, 2025

President Bola Tinubu has sacked Mele Kyari as Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited and appointed Bashir Bayo Ojulari as his replacement in a sweeping overhaul of the state-owned oil company.  In a related move, Tinubu also dissolved the NNPC Limited Board, removing Chairman Pius Akinyelure and all board […]Read More

NNPC Foundation to Restore Vision For 6,000 Nigerians – Soneye
news Oil and Gas

NNPC Foundation to Restore Vision For 6,000 Nigerians – Soneye

March 29, 2025

Soneye said the NNPC Foundation initiative addresses the limited access to quality STEM learning resources, a major factor contributing to the low enrolment of Nigerian students in science and technology in tertiary institutions. “Recognizing agriculture as a catalyst for economic growth, NNPC Foundation is also launching a nationwide training program for 6,000 vulnerable farmers. “The […]Read More

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