oil and gas

ExxonMobil Slashes 2,000 Jobs in Bold Restructuring Move
ExxonMobil, a leading player in the oil industry, is set to eliminate approximately 2,000 positions worldwide as part of a strategic move to consolidate smaller...

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Politics Today
3 days ago3 days ago

ExxonMobil, a leading player in the oil industry, is set to eliminate approximately 2,000 positions worldwide as part of a strategic move to consolidate smaller offices into centralized regional hubs, aligning with its long-term operational goals. This workforce reduction accounts for roughly three to four percent of Exxon’s total global employees and is a continuation...

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Tinubu Set to Launch $400M Indigenous Crude Oil Terminal in Rivers, Boosting Nigeria’s Energy Future
On October 8, President Bola Tinubu is set to officially open the Otakikpo Onshore Crude Oil Export Terminal in Rivers State, a groundbreaking $400 million...

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Politics Today
4 days ago4 days ago

On October 8, President Bola Tinubu is set to officially open the Otakikpo Onshore Crude Oil Export Terminal in Rivers State, a groundbreaking $400 million project that represents Nigeria’s first new crude export terminal in over fifty years. Developed by Green Energy International Limited (GEIL), the operators of the Otakikpo field located in OML 11...

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Youths Challenge SEPLAT Energy to Boost Local Content Practices
Youths from the five oil-producing communities surrounding the Seplat Energy airstrip in Eket Local Government Area of Akwa Ibom State have organized a peaceful demonstration,...

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Politics Today
1 week ago1 week ago

Youths from the five oil-producing communities surrounding the Seplat Energy airstrip in Eket Local Government Area of Akwa Ibom State have organized a peaceful demonstration, voicing concerns over what they describe as unjust and biased local content policies by the oil and gas company. According to LEADERSHIP Weekend, the aggrieved group, which includes recent graduates,...

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Reps Relaunch Investigation into NNPC’s Controversial OVH Energy Acquisition
Honorable Ikenga Ugochinyere, Chairman of the House Committee on Petroleum Resources (Downstream), has announced the initiation of a renewed inquiry into NNPC Ltd’s acquisition of...

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Politics Today
1 week ago1 week ago

Honorable Ikenga Ugochinyere, Chairman of the House Committee on Petroleum Resources (Downstream), has announced the initiation of a renewed inquiry into NNPC Ltd’s acquisition of OVH Energy Marketing’s downstream assets and the associated refinery modernization project. He highlighted the ongoing conflicts involving Dangote Refinery,

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Abbas Pledges Full Transparency in Naira-for-Crude Policy: Reps Take a Stand
The Speaker of the House of Representatives, Rt. Hon. Abbas Tajudeen, has pledged that the Green Chamber will uphold transparency, accountability, and the effective execution...

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Politics Today
2 weeks ago2 weeks ago

The Speaker of the House of Representatives, Rt. Hon. Abbas Tajudeen, has pledged that the Green Chamber will uphold transparency, accountability, and the effective execution of the federal government’s Naira-for-Crude Oil Policy. Speaking through the minority leader, Hon. Kingsley Chinda, during the launch of the Ad-hoc Committee tasked with overseeing the policy’s implementation, Abbas highlighted...

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Otedola Declares Dangote Refinery as the Key to Nigeria’s Future Growth
Yesterday, Nigerian billionaire entrepreneur Mr. Femi Otedola entered the ongoing dispute over fuel supply between the Dangote Refinery and the Depot and Petroleum Products Marketers...

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Politics Today
2 weeks ago2 weeks ago

Yesterday, Nigerian billionaire entrepreneur Mr. Femi Otedola entered the ongoing dispute over fuel supply between the Dangote Refinery and the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), urging the group to embrace innovation or face obsolescence. Having closely observed the recent tensions between the two parties, Otedola felt compelled to share his insights,...

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Why Nigerians Should Choose Dangote Over Marketers: Insights from an Energy Expert on Petrol Prices
Dan Kunle, a specialist in energy policy, has sharply criticized the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) for opposing recent petrol price...

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Politics Today
3 weeks ago3 weeks ago

Dan Kunle, a specialist in energy policy, has sharply criticized the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) for opposing recent petrol price reductions introduced by the Dangote Refinery. He went as far as labeling the association “an adversary of the nation” due to its failure to invest in indigenous refining infrastructure. During...

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Beware! NUPENG Warns Nigerians: Free Petroleum Delivery Offers Could Be a Dangerous Trap
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has cautioned Nigerians against being misled by Dangote Petroleum Refinery and Petrochemicals’ proposal to provide...

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Politics Today
3 weeks ago3 weeks ago

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has cautioned Nigerians against being misled by Dangote Petroleum Refinery and Petrochemicals’ proposal to provide free delivery of petroleum products across the country to fuel stations. The union characterizes this offer as a deceptive tactic designed to eliminate competition. NUPENG further criticized the Dangote Group,...

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Nigerian Government Warns: NUPENG and Dangote Refinery Strike Threatens to Paralyze Health Sector
Dr. Iziaq Salako, the Minister of State for Health, has warned that the impending nationwide strike announced by the Nigeria Union of Petroleum and Natural...

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Politics Today
4 weeks ago4 weeks ago

Dr. Iziaq Salako, the Minister of State for Health, has warned that the impending nationwide strike announced by the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) poses a serious threat to the healthcare system. Speaking during an interview on Channels Television’s Sunrise Daily, Salako highlighted the critical reliance of hospitals on fuel-powered generators,...

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Petroleum Retailers Back NUPENG Strike, Suspends Products Lifting From Tuesday
Petroleum products’ retailers nationwide have declared their support for the impending strike by the National Union of Petroleum and Natural Gas Workers (NUPENG). The retailers,...

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Politics Today
4 weeks ago4 weeks ago

Petroleum products’ retailers nationwide have declared their support for the impending strike by the National Union of Petroleum and Natural Gas Workers (NUPENG). The retailers, on Saturday, announced a three-day suspension of lifting and dispensing petroleum products starting Tuesday, September 9, 2025. PETROAN’s national president, Dr. Billy Gillis-Harry, emphasised that their move aimed to protest...

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