Oil & Gas - Page 67

Oil Production: Edo Refinery Orders 150,000 Barrels Of Crude To Meet Rising Demand

Edo Refinery has placed an order for the supply of 150,000 barrels of crude from Decklar Resources Inc and Millennium Oil and Gas Company to meet the demand of its growing clientele

Victor Ezeja

2 years ago

Seplat Shareholders Demand Sack Of CEO, Board Amid Legal Fees Controversy

Business·Oil & Gas

Seplat Appoints Samson Ezugworie To Replace CEO, Roger Brown

Seplat Energy has appointed the company’s Chief Operating Officer, Samson Ezugworie, as its interim Chief Executive Officer, pending the determination of a court case against Roger Brown. Prime Business Africa previously reported

Fakoyejo Olalekan

2 years ago

Business·Oil & Gas

NCDMB, BOI Launch $50m Fund For Oil Industry Manufacturing

The Nigerian Content Development and Monitoring Board (NCDMB) and Bank of Industry on Wednesday in Lagos launched a $US50 million dollars fund for NOGAPS Manufacturing Product Line. The fund is to incentivize

PBA Reporter

2 years ago

Business·Oil & Gas

Court Restrains Roger Brown From Operating As Seplat CEO Amid Racism Allegation

A Federal High Court in Lagos State presided by Justice Chukwuejekwu Aneke, has ordered Roger Brown to vacate his Chief Executive Officer (CEO) position at Seplat Energy Plc. This was in response

Fakoyejo Olalekan

2 years ago

Nigeria Week Ahead: CBN Rate Decision, Inflation & Oil in Focus

Business·Oil & Gas

Nigeria Earns About $104.58 million Daily From Crude Oil, As Output Skyrockets

Nigeria earned at least $104.58 million daily from crude oil in February 2023, as Africa’s largest oil producer pumped 1.3 million barrels per day. The 1.3 million barrels produced daily last month

Fakoyejo Olalekan

2 years ago

Business·Oil & Gas

Seplat Energy Defends CEO, Roger Brown, Amid Series Of Allegations

The board of directors, Seplat Energy Plc, have thrown their weight behind the company’s Chief Executive Officer, Roger Brown, after a series of allegations made against him by the Federal Government. In

Fakoyejo Olalekan

2 years ago

Business·Oil & Gas

FG Accuses Seplat CEO, Roger Brown, Of Racism, Withdraw His Visa

The Federal Government has revoked the work permit, visa, and residence permit of the Chief Executive Officer (CEO) of Seplat Energy Plc, Roger Brown. Nigerian government said Seplat workers accused Brown of

Fakoyejo Olalekan

2 years ago

Business·Oil & Gas

Election: Oil Marketers Reveal Fuel Movement Stopped Over Fear Of Crisis

The National Vice President, Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Maigandi, said the fuel scarcity in the country is driven by fear of electoral violence. Maigandi disclosed that oil marketers

Fakoyejo Olalekan

2 years ago

NNPCL Denies Inflating Fuel Subsidy Payments

Business·Oil & Gas

Eroton Loses Oilfield Asset To NNPC, Head Office Locked

Eroton Exploration and Production Limited has been removed as operator of the oil mining lease (OML) 18, which it co-owned with the Nigerian National Petroleum Company (NNPC) Limited. The NNPC, the major

Fakoyejo Olalekan

2 years ago

Aliko Dangote Spent $18.5 billion To Build Refinery, Owes $2.7 billion Debt

Business·Oil & Gas

Dangote Refinery Won’t Save Nigeria From Looming Fuel Scarcity – New Report

The S&P Global commodity Insight has revealed that the oil refinery Aliko Dangote is building will not reach full capacity before the end of 2024. According to S&P, the Dangote refinery is

Fakoyejo Olalekan

2 years ago

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Oil & Gas - Page 67

Oil Production: Edo Refinery Orders 150,000 Barrels Of Crude To Meet Rising Demand

Seplat Appoints Samson Ezugworie To Replace CEO, Roger Brown

NCDMB, BOI Launch $50m Fund For Oil Industry Manufacturing

Court Restrains Roger Brown From Operating As Seplat CEO Amid Racism Allegation

Nigeria Earns About $104.58 million Daily From Crude Oil, As Output Skyrockets

Seplat Energy Defends CEO, Roger Brown, Amid Series Of Allegations

FG Accuses Seplat CEO, Roger Brown, Of Racism, Withdraw His Visa

Election: Oil Marketers Reveal Fuel Movement Stopped Over Fear Of Crisis

Eroton Loses Oilfield Asset To NNPC, Head Office Locked

Dangote Refinery Won’t Save Nigeria From Looming Fuel Scarcity – New Report

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