News
NMDPRA, industry stakeholders deliberate on draft petroleum measurements, safety regulations
MEDIATRACNET To enhance operations of the midstream and downstream sectors of the petroleum industry, the regulator, Nigerian Midstream and Downstream...
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N18.4b compensation to host communities: NLNG evaluating Senate’s resolution, says official
By Bassey Udo Nigeria LNG Limited (NLNG) management says it is currently evaluating the resolution by the Senate ordering the...
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NNPC’s profit after tax grows by 135% in 2021, says Kyari
By Bassey Udo The Nigerian National Petroleum Company Limited (NNPCL) says its profit after tax in the 2021 fiscal year...
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NSIA gets new CEO, ED’s, as Uche Orji ends tenure, exits
By Bassey Udo A new Managing Director and Chief Executive Officer has been appointed for the Nigeria Sovereign Investment Authority...
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NUPRC unveils plan for Nigerian Gas Flare Commercialisation relaunch
By Bassey Udo The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is considering the relaunch of the Nigerian Gas Flare Commercialisation...
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Otedola’s Geregu Power to list 2.5billion ordinary shares on the Nigerian Stock Exchange
MEDIATRACNET The management of Geregu Power Plc says the power generation company is set to list part of its shares...
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NEITI rivals Public Service Reforms Bureau in 2022 FOI transparency top ranking
By Bassey Udo The Bureau of Public Service Reforms (BPSR) and Nigeria Extractive Industries Transparency Initiative (NEITI) emerged tops in...
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NNPC expands its downstream oil assets; acquires Oando subsidiary, OVH Ltd
By Bassey Udo The Nigerian National Petroleum Company (NNPC) Limited has expanded its downstream oil industry assets with the announcement...
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World Bank approves $750m to boost Nigeria’s business environment
MEDIATRACNET The World Bank has approved $750m for the Nigeria State Action on Business Enabling Reforms (SABER) Programme-for-Results. The World...
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TotalEnergies’ Ikike field first oil evidence of positive fruits of PIA, says Sylva
By Bassey Udo Achieving first oil from Ikike field operated by TotalEnergies is evidence the Petroleum Industry Act (PIA) enacted...
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