Oil & Gas

Why Matrix Energy Should Stop Dancing Naked By David Tunde In a flagrant and audacious exhibition of corporate greed and regulatory failure, Matrix Energy Limited, a prominent player in Nigeria’s petroleum industry, led by CEO Abdulkadir Adisa Aliu, has become embroiled in a scandal of monumental proportions involving the importation ...

ETI Disowns Statement Against Reps Deputy Spokesperson Agbese, Accuses Ex-Members of Impersonation …Says sack of NNPCL, NMDPRA leadership long overdue The Energy Transparency Initiative (ETI) has disowned a statement made by individuals claiming to be its representatives, criticizing Hon. Philip Agbese, the Deputy Spokesperson of the Federal House of Representatives. ...

Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10 Billion Investment … as FG endorses consolidated guidelines Today, in a move to further revitalise the oil and gas industry’s contribution to the Nigerian Economy, Wale Edun, OFR, Minister of Finance and Coordinating Minister of ...

Heirs Energies: Powering Nigeria’s Economy with Domestic Gas Supply ·       Sole Gas Supplier to Geometric Power Plant Heirs Energies, Africa’s leading integrated energy company, has announced a further expansion of its gas supply business, supplying the recently commissioned 188 MW power plant operated by Geometric Power Limited, located in Aba, Abia State.   Heirs Energies is a leading provider of gas to the Nigerian National Grid, and already supplies TransAfam Power Limited, with a capacity of 966MW, and First Independent Power Limited (FIPL), with a capacity of 541MW. Heirs Energies also supplies gas to local distribution companies, gas-based industries, and other industrial customers. ...

You were Blatantly Rejected Stop your Foolhardy Actions – PTD of NUPENG Concerned Members Blast Troublemakers A group of concerned members of the Petroleum Tanker Driver (PTD) of the National Union of Petroleum and Natural Gas Workers (NUPENG) has called on the aggrieved members to stop dragging the reputation of ...

Video: Port Harcourt refinery commences operation The Port Harcourt Refining Company, PHRC, Limited, with a combined capacity of 210,000 barrels per day, commenced operation on Wednesday, in fulfilment of the promise made by this administration. According to a video posted on X by one Pastor Okezie under the handle @ONsogbu, ...

Fuel Queues Hit Lagos, Ogun and others as Thieves Vandalise Pipelines Long queues for Premium Motor Spirit, popularly called petrol, are beginning to resurface at filling stations in Lagos and Ogun states, and in few other locations in South-Western states. Queues were sighted at many stations, particularly those on the ...

Seplat Energy Crisis Deepens as Court Suspends the Chairman, CEO and Others   There’s no indication that the crisis rocking Seplat Energy Plc may abate anytime soon. The crisis took a turn for the worse, yesterday, as a Federal High Court sitting in Abuja, suspended the company’s Chief Executive Officer, ...

Heirs Oil & Gas (HHOG) Reiterates Commitment to Global ESG Best Practices  Doubles gas production capacity of OML 17 while upholding ESG commitments Heirs Oil & Gas, Africa’s integrated energy company has reaffirmed its commitment to both national and global environmental, sustainability and governance (ESG) best practices in view of its upcoming operational ...

Heirs Oil & Gas’ OML 17 wins PFI Africa deal of the year Heirs Oil & Gas (HHOG), Africa’s integrated energy company has been awarded the ‘Africa deal of the year 2021’by Project Finance International (PFI), following the $1.1 billion financing and acquisition of 45% stake in OML 17 in 2021. ...