[This Day] A U.S. District Court in California has fixed December 1, 2025, for the sentencing of Paulinus Iheanacho Okoronkwo, a former General Manager of the Nigerian National Petroleum Company Limited (NNPCL), who was convicted of accepting a $2.1 million bribe from a Swiss oil firm.
Posts
[Daily Trust] Former Minister of State for Petroleum Resources, Prof. Emmanuel Ibe Kachikwu, has called for bold reforms, policy stability, and stronger local participation in Nigeria's oil and gas industry to reposition the sector for sustainability and competitiveness in the face of global energy transition.
[This Day] Production sharing contract promises to boost crude oil output, diversify energy resources and strengthens the country's economic resilience, argues AKPANDEM JAMES
[Premium Times] NUPENG had said that it would commence a nationwide strike from Sunday, over what it described as Dangote's "anti-union practices, monopolistic agenda..."
[Leadership] The federal government has reiterated its target of producing 10 billion standard cubic feet (SCF) of gas per day by 2030, with fresh assurances that ongoing reforms are designed to position Nigeria as a global energy hub.
[This Day] The petrol unit at Nigeria's 650,000 barrel-per-day Dangote refinery may be shut for between two to three months for repairs, industry monitor IIR Energy told clients on Thursday, which could lead to a tighter market.
[Namibian] The draft oil and gas local content policy that aims to regulate the petroleum industry has been criticised for lacking clear penalties when foreign companies do not comply and can easily be used for corruption.
[Agenzia Fides] Addis Ababa -- "The Ethiopian dam on the Nile is a continuing threat to stability in the eastern Nile basin," states a joint statement from Egypt and Sudan issued yesterday, September 3, at the conclusion of the meeting held in Cairo between the ministers of foreign affairs and irrigation of both countries.
[Daily News] Dodoma -- MOTORISTS in the country are experiencing a reprieve following a 36/- and 23/- reduction in cap prices for petroleum and diesel, respectively, which is expected to lower transportation costs, ease inflationary pressures and boost overall economic activity.
[Vanguard] Nigeria's Information and Communication Technology (ICT) sector is on course to outperform oil and gas as the country's biggest revenue earner by 2027, according to Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani.
get in touch
ADDRESS:
Drillplus Resources Limited
Suite 910, 9th Floor
Western House
8-10 Broad Street
Lagos
CALL US:
Tel: + 234 805 979 2044
Latest Industry News

