Tag: #EnergySector
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EFCC ARRAIGNS MT Ostria VESSEL AND THREE MEN OVER ₦12 BILLION OIL THEFT IN LAGOS
The Economic and Financial Crimes Commission (EFCC) arraigned the vessel MT Ostria, along with three men Raymundo Panaligam, Roneno Villarin, and Vincent Wayas on Wednesday before the Ikeja Special Offences Court. They face a four-count charge relating to conspiracy and theft of over 13 million litres of Premium Motor Spirit (PMS) valued at ₦12 billion,…
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COURT ADJOURNS DANGOTE PETROLEUM REFINERY’S SUIT AGAINST NNPCL OVER OIL IMPORT LICENCE DISPUTE TO NOVEMBER 5
The Federal High Court in Abuja has adjourned the hearing of a lawsuit filed by Dangote Petroleum Refinery and Petrochemicals FZE against Nigeria National Petroleum Company Limited (NNPCL) and others concerning oil import licences. The hearing, initially scheduled for Wednesday, was postponed due to the presiding judge Justice Mohammed Umar’s absence, as he was sitting…
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NNPC REPORTS SLIGHT DIP IN SEPTEMBER PRODUCTION AMID STRATEGIC MAINTENANCE, POSTS N216 BILLION PROFIT
The Nigerian National Petroleum Company Limited (NNPC Ltd.) recorded 1.61 million barrels per day (mbopd) of crude and condensate production in September 2025, slightly down from 1.65 mbopd in August, according to its monthly report. Natural gas output also moderated, reaching 6,284 million standard cubic feet per day (mmscf/d), compared to 6,949 mmscf/d the previous…
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NNPC LTD APPOINTS ANDY ODEH AND MORENIKE ADEWUNMI TO LEADERSHIP ROLES
Energy giant strengthens communication and stakeholder relations with seasoned executives. NNPC Ltd. named Andy Odeh as Chief Corporate Communications Officer and Morenike Adewunmi as Chief Relations Officer. Odeh brings 30+ years of expertise including NLNG leadership, rebranding, and community initiatives, while Adewunmi offers 25+ years in legal, regulatory, and government relations from Shell. Their appointments…
