AFS: NNPC Limited reports N700bn (28%) increase in 2023 Net Profit to N3.248 trillion
... denies subsidy payment, says it was only taking care of PMS importation shortfall ... cites distribution, logistics challenges as causes of fuel scarcity in Lagos, Abuja Oredola Adeola The…
Matrix Energy Group reaffirms commitment to quality, integrity amidst dirty petrol import allegations
... we did not discharge 200,000 metric tons of PMS into our facility in July 2024 - Akinola, Matrix Spokersperson Oredola Adeola Matrix Energy Group has asserted that its imported…
NNPC Ltd is not owing $6.8bn – Soneye responds to critics
.. refutes claims of non-remittance, affirms regular tax payments to Federation Account Thelma Tokunbo The Nigerian National Petroleum Company Limited (NNPC Ltd.) has refuted a media report claiming that the…
Presidential Jets Seizure: Zhongfu firm is an imposter, it’s Chinese against Chinese- Senator Ibikunle Amosun explains his part
... urges FG to handle Zhongfu International Investment FXE with same rigor as P&ID case Oredola Adeola Senator lbikunle Amosun, former Governor of Ogun State has expressed commitment to work…
WIEN, Smart Gas Ltd. set to distribute 100,000 3kg, 6kg cylinders annually, targets 500,000 homes nationwide
...seek public, private sector funding to boost cooking gas utilization across 774 LGAs in Nigeria Oredola Adeola The Women in Energy Network (WIEN), in partnership with Smart Gas Limited, is…
Ogun Free-Trade Zone Hoax: Zhongshan, Chinese firm’s attempt to strip 3 Nigeria’s Presidential jets, other assets in foreign jurisdictions
... as FG vows to discharge controversial orders by Paris Court in March, August 2024 Oredola Adeola A 2007 contract between Ogun State and Zhongshan Fucheng Industrial Investment Co.…
Tinubu reactivates Gulf of Guinea gas pipeline agreement
...signs new MoU with Equatorial Guinea Oredola Adeola President Bola Tinubu and Equatorial Guinean President Teodoro Obiang Nguema Mbasogo in Malabo signed an agreement on Gulf of Guinea pipeline project…
“Damaging power assets will no longer be business as usual”- Adelabu warns vandals
... as FG collaborates with civil- military committee on energy security Oredola Adeola We are collaborating with the Civil-Military Committee on Energy Security, to let the vandals know that it…
Ministry of Petroleum Resources confirms participation in 2nd edition of Gas Investment Forum in October
Oredola Adeola The Ministry of Petroleum Resources has officially confirmed its participation in the upcoming 2nd edition of the Gas Investment Forum, set to take place in Lagos this October,…
Nigeria achieves highest crude oil production in 3 years, thanks to military’s anti-theft efforts – Kyari, NNPCL GCEO
...General Musa unveils anti-crude oil theft Monitoring Team to liaise with NNPCL, stakeholders Thelma Tokunbo Mr. Mele Kyari, Group CEO of the Nigerian National Petroleum Company (NNPC) Limited, has…
