Oil & Gas

Fuel Queues Hit Lagos, Ogun and others as Thieves Vandalise Pipelines Long queues for Premium Motor Spirit, popularly called petrol, are beginning to resurface at filling stations in Lagos and Ogun states, and in few other locations in South-Western states. Queues were sighted at many stations, particularly those on the ...

Seplat Energy Crisis Deepens as Court Suspends the Chairman, CEO and Others   There’s no indication that the crisis rocking Seplat Energy Plc may abate anytime soon. The crisis took a turn for the worse, yesterday, as a Federal High Court sitting in Abuja, suspended the company’s Chief Executive Officer, ...

Heirs Oil & Gas (HHOG) Reiterates Commitment to Global ESG Best Practices  Doubles gas production capacity of OML 17 while upholding ESG commitments Heirs Oil & Gas, Africa’s integrated energy company has reaffirmed its commitment to both national and global environmental, sustainability and governance (ESG) best practices in view of its upcoming operational ...

Heirs Oil & Gas’ OML 17 wins PFI Africa deal of the year Heirs Oil & Gas (HHOG), Africa’s integrated energy company has been awarded the ‘Africa deal of the year 2021’by Project Finance International (PFI), following the $1.1 billion financing and acquisition of 45% stake in OML 17 in 2021. ...

  Nigerians on social media have expressed displeasure over the current price of automotive gas oil, also known as diesel. Naija News understands that the price of diesel has skyrocketed across the country with some filling stations now selling at N625 per litre. According to TheCable, this is four percent ...

  Society gazette reports that there has been blame game following reports of contaminated petrol product in some filling stations in the country. This was discovered this week and one of the filling stations at the receiving end has been MRS due to the fact that a video making rounds ...

Double Dealing is the Real Reason Seplat Sack Austin Avuru The last appears not to have been heard about the removal of Mr. Austin Avuru as a Non-Executive Director of Seplat Energy Plc. by the Board of the company, as emerging facts show that the businessman had in March 2020 ...

Seplat Energy sacks Austin Avuru over ‘breach’ of company policies Seplat Energy Plc says it has terminated the appointment of Austin Avuru as a non-executive director of the company.  Edith Onwuchekwa, director, legal and company secretary at Seplat, announced this in a corporate filing on Thursday. This is coming a month ...

  Barely 24 hours after two lives were lost in an explosion that hit the Olusegun Obasanjo Presidential Library, another gas explosion has occurred in Abeokuta, the Ogun State capital leaving two persons injured. The gas explosion which occurred at Onikoko area of Abeokuta around 10:am on Friday caused serious ...

Shell Nigeria Exploration and Production Company (SNEPCO) has appointed Elohor Aiboni as its first female Managing Director.       This was disclosed by a source in the company on Sunday. The development was also confirmed by one of the aides of President Muhammadu Buhari on Social media, Lauretta Onochie ...