Tag:Petroleum Industry

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Senate Cracks Down on Oil Spills, Approves Heavier Fines, Jail Terms

  The Senate has passed a bill seeking to impose heavier fines and criminal penalties on oil companies and other offenders responsible for oil spills...
Shehu Danladi -
Business

FG Backs EITI, Promises Tougher Transparency, Revenue Tracking In Oil Sector

  The Federal Government has reaffirmed its commitment to the Extractive Industries Transparency Initiative (EITI), promising stronger public disclosure, revenue reconciliation, independent audits and greater...
Akeem Adebayo -
Energy

NNPC Rakes in ₦7.2trn Profit, Declares ₦5.8trn Dividend

  The Nigerian National Petroleum Company Limited (NNPC Ltd) has posted a record ₦7.2 trillion profit after tax (PAT) for the 2025 financial year, representing...
Akeem Adebayo -
Business

Dangote Refinery IPO Puts Nigeria’s Oil Industry in Investment Spotlight

  Refiners, Investors, Regulators to Converge at NORS 2026   The proposed Initial Public Offering (IPO) of Dangote Refinery has intensified investor interest in Nigeria’s emerging refining...
Akeem Adebayo -
Politics

2027: Makinde Demands Transparency, Benefits for Nigerians From Oil

  • APM candidate commissions campaign office in Abuja • Says domestic crude supply must benefit Nigerians • Bala Mohammed, Peter Obi back Makinde’s presidential bid   Allied People’s...
Roland Edet -
news

HOSTCOM Demands Gas Flare Funds, Hails Tinubu, NUPRC Over 172 HCDTs

  PORT HARCOURT — The Host Communities of Producing Oil and Gas (HOSTCOM) and other stakeholders in the Niger Delta have called on President Bola...
Udehi Alambo -
news

HOSTCOM Hails Tinubu, NUPRC Over 172 HCDTs, Demands Gas Flare Funds

  PORT HARCOURT — The Host Communities of Nigeria Producing Oil and Gas (HOSTCOM) and other Niger Delta stakeholders have commended President Bola Ahmed Tinubu...
Shehu Danladi -
news

2027: IPMAN Backs My Fuel Plan, Vindicates My Position — Atiku

  Former Vice President Atiku Abubakar has welcomed the Independent Petroleum Marketers Association of Nigeria (IPMAN)’s call for targeted government intervention to support domestic refiners...
Roland Edet -
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Health

NAFDAC Won’t Frustrate Small Businesses, Adeyeye Assures Manufacturers

  The National Agency for Food and Drug Administration and Control (NAFDAC) has assured small business owners that it will...
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Foreign

Ikpeazu Assumes Role as Nigeria’s Chief Envoy to UN Tourism

Nigeria’s Ambassador to Spain, Dr Okezie Victor Ikpeazu, has formally assumed diplomatic duties as the country’s Permanent Representative to...
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Wike, Friends Donates N100m On Church In Honour Of Late Rivers Monarch

  The Minister of the Federal Capital Territory (FCT), Nyesom Wike, and his friends and associates have donated a whopping...

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Health

NAFDAC Won’t Frustrate Small Businesses, Adeyeye Assures Manufacturers

  The National Agency for Food and Drug Administration and...
Foreign

Ikpeazu Assumes Role as Nigeria’s Chief Envoy to UN Tourism

Nigeria’s Ambassador to Spain, Dr Okezie Victor Ikpeazu, has...

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