Wednesday, 27th September 2023


18 Sep
Dr Diran Fawibe is the Chairman and Chief Executive Officer of International Energy Services Limited (IESL).
10 May
Anibor Kragha, a former Chief Operating Officer (COO) in charge of Refining and Petrochemicals, Nigerian National Petroleum Company Limited, is currently the Executive Secretary of the African Refiners and Distributors Association (ARDA).
8 Mar
Nigeria in the past decades has become a breeding ground for young and successful entrepreneurs, a trend which has given rise to a preponderance of business-minded young people in almost every field of endeavour, including fintech, creative industry and general business. Isah Mukailu, a general contractor and director of Yamin Hala Investment is one of…
4 Jan
Subsidy payment, both in the oil, gas and electricity sectors; crude oil theft, vandalism, insecurity, contract-based market for power, incessant collapse of national electricity grid, divestment of assets, metering challenges, low investment in the oil and gas industry...
17 Dec 2022
Our attention has been drawn to recent online media articles referring to Segilola Resources Operating Limited. We wish to clarify that Segilola Resources Operating Limited is a private company duly incorporated under the laws of the Federal Republic of Nigeria and licensed by the Federal Ministry of Mines and Steel Development. The company has no…
12 Jan 2022
With renewable energy set to account for 90 per cent of new power capacity expansion globally this year, concerns are beginning to mount over the growing waste from renewable energy with countries like Nigeria projected to suffer as a dumpsite.
12 Jan 2022
Unpaid allowances, salaries, union deductions and unremitted 20- month pension contributions deducted from workers under the National Union of Electricity Employees (NUEE) have been paid.
17 Jun 2020
Considering its huge reserves and potential for economic transformation, Nigeria is considered to more of a gas nation, against its reputation as an oil-producing country. With many discoveries across Africa, the need to explore gas for domestic development and implement policies to drive its utilisation, especially as it relates to electricity and industrial growth, remain…
1 Jan 2020
For Nigeria and many other African countries, 2019 was a year of gas and other key discoveries. In the same year, per capita consumption of cooking gas
11 Sep 2019
The oil and gas sector in Nigeria has been engrossed in legal battles, especially with landmark cases that involved the government through its agencies. From the Malabu oil deal scandal to the $9.6 billion P&ID judgment delivered by a UK court, the issues of contract drafting, negotiations, and adherence to the provisions of agreed terms raise concerns. FEMI ADEKOYA and KINGSLEY JEREMIAH write on why the nation keeps being involved in several litigations that should never exist.
10 Jul 2019
Notwithstanding exploration and production interests expressed by oil majors in Nigeria’s oil and gas sector, the lack of clarity on the legal regime, especially as it relates to royalties and renewal of several oil blocks, has stalled investors from making final investment decisions. While operators like Shell, are moving ahead, the country remains, to some…
29 May 2019
Despite the continent’s discoveries and potential in terms of oil and gas exploration, member-countries continue to face challenges of importing refined crude as they lack sufficient refining capacity. Seplat Petroleum Development Company Plc’s Operations Director, Effiong Okon, made this assertion during his keynote address at the Africa E & P Summit, held in London recently.…
17 Apr 2019
Lekan Akinyanmi is the CEO of Lekoil, an Africa-focused, AIM-listed oil and gas exploration and production company with interests in Nigeria and Namibia. The company acquired a significant stake in the Otakikpo marginal field from Green Energy and acts as its technical partner to bring the field into production. In this interview, Akinyanmi explained how…


31 mins ago
Victor Osimhen on Wednesday night shut his critics up by scoring a goal to help Napoli devour Udinese 4-1 in a Serie A match played at the Stadio Diego Armando Maradona.
4 hours ago
More than a dozen people were arrested overnight in the US city of Philadelphia following looting of stores after a peaceful rally against police violence, officials said
4 hours ago
Armenia said Wednesday that nearly half of Nagorno-Karabakh's population has fled the enclave since Azerbaijan crushed the rebels' decades-long fight for an independent state last week. Yerevan's attempts to absorb the sea of homeless and hungry ethnic Armenians come with officials still trying to identify the whereabouts of more than 100 people reported missing in…
5 hours ago
Lagos State Governor,Babajide Sanwo-Olu, has given traders two days ultimate to vacate the red line rail tracks at Agege.
5 hours ago
Independent National Electoral Commission, INEC has expressed worry over the spate of insecurity in Imo State ahead of the forthcoming November 11th governorship election in the state.