The Chief’ Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe has described a book to be unveiled on Monday 14th November as “highly innovative and an essential manual for stakeholders in the Nigerian oil and gas industry”. Komolafe spoke glowingly about No Good Deed Goes Unpunished: The Contentious Search for Peace in the Niger Delta, …

Premium Motor Spirit (well known as fuel or petrol) sold for between N198 and N200 in Lagos, Ogun, and Oyo States on Tuesday against the official pump price of N165 as more filling stations complained of short supply. Vehicular queues lengthened in the few stations that had supplies while bus stops were crowded by stranded commuters, who were agitated by …

The Managing Director of Transcorp Power Limited, Ughelli, Delta State, Mr Christopher Ezeafulukwe has canvassed for massive investment in power transmission and distribution infrastructure in Nigeria saying that this is the feasible panacea to halt the era of epileptic power supply in the country. Ezeafulukwe, who is also the Chief Executive Officer of the company, also advocated that “power transmission …

President Muhammadu Buhari commissioned the Pinnacle Oil and Gas FZE Terminal in Lekki, Lagos on Saturday, saying the operations of the facility have eased congestion in the Apapa area, reduced cost and delivery of petroleum product distribution to many parts of the country. The phase just commissioned requires investments of over $1 billion. It is the initial phase of the …

Former Minister of Power, Prof. Bart Nnaji has disclosed that poor electricity supply in the Southeast particularly inspired him to lead a team of Nigerians in setting up a 188-megawatt power plant in Aba, and an electricity distribution company, in the same Abia State city. At the 58th birthday celebration of Abia State Governor Okezie Ikpeazu at his country home …

Rapid population growth and industrialisation are projected to strongly drive energy demands —including for fossil fuels — across Nigeria and Africa, according to the Chief Executive of Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe. In his keynote address at the maiden annual conference of the Petroleum and Natural Gas Senior Staff Association (PENGASSAN) in Abuja on Tuesday, Komolafe …

Determined to ensure effective coordination of energy resources that will keep the Lagos economy on the path of growth, the state Electricity Board (LSEB) held a two-day strategic retreat for its staff members. Commissioner for Energy and Mineral Resources, Mr Olalere Odusote said at the event that the capacity-building retreat is required to position the state towards attracting private sector …

The Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to “promptly set up a presidential panel of enquiry to thoroughly, impartially, and transparently investigate the operations of illegal oil pipelines from 2001 to date, and to widely publish the names of anyone suspected to be involved”. SERAP urged the President to “ensure the prosecution by appropriate anti-corruption …

The Nigerian National Petroleum Company Limited (NNPC Limited) has commended Tantita Security Services, led by former militant commander of the Movement for the Emancipation of the Niger Delta, High Chief Government Ekpemupolo (well known as Tompolo), for recent discoveries of illegal crude oil pipelines. On Saturday, a delegation of NNPC Limited, led by General Manager of the Joint Venture Operations of National …

The Group Chief Executive Officer, Nigerian National Petroleum Company Limited, Mallam Mele Kyari has announced that the NNPC as a corporation grew its profit after tax and assets from N287 billion and N15.86 trillion in 2020, to N674 billion and N16.3 trillion in 2021, respectively. Kyari said in Abuja that the 2021 profit is contained in the Group Audited Financial …