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NEITI: $42billion lost to crude oil and products theft in ten years


Nigeria Extractive Industries Transparency Initiative (NEITI) has urged the government to embrace oil fingerprinting technology, the comprehensive metering infrastructure of all facilities, and other creative strategies to combat the growing menace of theft of Nigeria’s crude oil and refined petroleum products.

OTL 2019: Nigeria targets 40% reduction in petrol and diesel consumption, plans switch to LPG


The Federal Government said that it was working towards achieving a 40 per cent energy switch from the consumption of Premium Motor Spirit (petrol), Dual Purpose Kerosene (kerosene) and Automotive Gas Oil (diesel), to the use of Liquefied Petroleum Gas (LPG) by 2025.

OTL 2019: Dirty fuel products still finding ways into Nigeria


Worried about the dirty petroleum products ,Operators in the nation’s downstream sector have raised concerns about the rise in the volume of unwanted commodities like dirty fuel products in the country and other Africa countries, noting that efforts should be geared towards addressing such.

Seplat declares $29m interim dividend to shareholders in Q3

… as £382m Eland acquisition to create long-term value for shareholders – Avuru


Seplat Petroleum Development Company Plc (SEPLAT), leading Nigerian independent oil and gas company listed on both the Nigerian Stock Exchange (NSE) and London Stock Exchange (LSE), has announced its unaudited results for the nine months ended 30 September 2019 released to the NSE and LSE.

MD NPA challenges women in the maritime industry to mentor young girls to succeed them


The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has called on stakeholders in Maritime Sector to include more women in professional services insisting that to do so would erase the ‘unfair’ balance in the sector.

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