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Refineries won’t solve Nigeria’s petrol subsidy issue – ex-AMCON boss

August 13, 2022August 13, 2022 Markets Reporters 0 Comments AMCON, Mustafa Chike-Obi, Petrol subsidy in Nigeria

A former Managing Director of the Asset Management Corporation of Nigeria, Mr Mustafa Chike-Obi, has said the production of petrol

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Energy FEATURED Latest TOP STORIES 

Exxon-Seplat’s $1.3bn deal gets Buhari’s greenlight

August 8, 2022August 8, 2022 Markets Reporters 0 Comments ExxonMobil, Mobil Producing Nigeria Unlimited, Muhammadu Buhari, Seplat Energy

Seplat Energy Plc, a Nigerian energy company,  has announced that it has received a letter from the Minister of State

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Energy FEATURED Latest TOP STORIES 

Seplat starts injecting crude into new 160,000bpd pipeline

August 1, 2022August 1, 2022 Markets Reporters 0 Comments Amukpe-Escravos Pipeline, Roger Brown Seplat CEO, Seplat Energy

Seplat Energy Plc, a Nigerian energy company, has announced that it has begun commercial injection of crude oil through the

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Energy FEATURED Latest TOP STORIES 

Chevron Nigeria warns of fraudulent job offers

July 30, 2022July 30, 2022 Markets Reporters 0 Comments Chevron Nigeria Limited, fraudulent job offers

Chevron Nigeria Limited has decried the circulation of false recruitment information posted in several media and online channels by unscrupulous

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Energy FEATURED Latest TOP STORIES 

TotalEnergies’ Nigerian downstream unit posts 18% profit dip

July 30, 2022July 30, 2022 Markets Reporters 0 Comments TotalEnergies, TotalEnergies Marketing Nigeria

TotalEnergies Marketing Nigeria Plc, a fuel marketing company, has reported a profit of N4.16 billion for the second quarter of

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Energy FEATURED Latest TOP STORIES 

Seplat buys marginal oilfield, posts 238% profit surge

July 29, 2022July 29, 2022 Markets Reporters 0 Comments Abiala marginal field, OML 40, Roger Brown Seplat CEO, Seplat Energy

Seplat Energy Plc, a Nigerian independent energy company listed on the Nigerian Exchange and the London Stock Exchange, has announced

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Energy FEATURED Latest TOP STORIES 

Conoil’s half-year profit soars 70.5% despite revenue drop

July 29, 2022July 29, 2022 Markets Reporters 0 Comments Conoil Plc, Nigeria Exchange Limited

Conoil Plc, a Nigerian fuel marketing company, posted a 70.5 percent rise in its profit for the first half of

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Energy FEATURED Latest TOP STORIES Uncategorized 

TotalEnergies achieves first oil from Nigeria Ikike field

July 25, 2022July 25, 2022 Markets Reporters 0 Comments Ikike field, OML 99, TotalEnergies

TotalEnergies, which operates Oil Mining Licence 99 in partnership with the Nigerian National Petroleum Company, has announced the start of

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Energy FEATURED Latest TOP STORIES 

NCDMB lauds Caverton for growth in offshore support service

July 23, 2022July 23, 2022 Markets Reporters 0 Comments Caverton Offshore Support Group, NCDMB, Simbi Wabote NCDMB

The Executive Secretary of the Nigerian Content Development and Monitoring Board, Simbi Wabote, has lauded Caverton Offshore Support Group on

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Energy FEATURED Latest TOP STORIES 

Blackout as Nigeria’s power grid suffers another collapse

June 12, 2022June 12, 2022 Markets Reporters 0 Comments Blackout in Nigeria, National grid

Nigeria’s power grid suffered another system collapse on Sunday, the second time in just over two months, plunging homes into

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