Oil & Energy
NNPC GMD Promises Economically Viable Refineries
The Group Managing Di
rector, Nigerian National Petroleum Corporation (NNPC), Dr. Emmanuel Kachikwu has promised that his administration would ensure that all the refineries of the corporation are run efficiently and profitably to meet the energy needs of the nation.
Speaking at an interactive media session with top management of the corporation in Abuja Friday, the GMD said efforts were on top gear to create a conducive working environment for members of staff.
It noted that for NNPC to transform like its peers in other climes, the moral of the work force must be high and urged members of staff to act as change agents.
He said in the next 60 days some of the strategic targets would be translated into concrete milestones to the appreciation of Nigerians and impored the management to team up with him to close the skills gap and turn the fortunes of the NNPC around.
He particularly remarked that sectionalism, tribalism and any form of non-transparent transactions must be completely stamped out of the NNPC.
The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr Ibe Kachikwu, has commiserated with victims of the helicopter crash at Oworosonki, Lagos, on Wednesday.
A statement by NNPC Group General Manager, Group Public Affairs Division, Mr Ohi Alegbe, in Abuja on Thursday said the GMD was touched by the sad news of the crash of the helicopter that was ferrying oil workers from an oil installation offshore.
“This is particularly sad for me because it involves workers in the oil industry who were returning home to their families and friends after a period of hard work.
“My heart goes to the victims of the crash and their families. It is my prayer that God should give the departed sweet repose.
“Their families the fortitude and grace to bear the loss, and the lucky survivors speedy recovery,“ it stated.
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Oil & Energy
Digital Technology Key To Nigeria’s Oil, Gas Future

Experts in the oil and gas industry have said that the adoption of digital technologies would tackle inefficiencies and drive sustainable growth in the energy sector.
With the theme of the symposium as ‘Transforming Energy: The Digital Evolution of Oil and Gas’, he gathering drew top industry players, media leaders, traditional rulers, students, and security officials for a wide-ranging dialogue on the future of Nigeria’s most vital industry.
Chairman of the Petroleum Technology Association of Nigeria (PETAN), Wole Ogunsanya, highlighted the role of digital solutions across exploration, drilling, production, and other oil services.
Represented by the Vice Chairman, Obi Uzu, Ogunsanya noted that Nigeria’s oil production had risen to about 1.7 million barrels per day and was expected to reach two million barrels soon.
Ogunsanya emphasised that increased production would strengthen the naira and fund key infrastructure projects, such as railway networks connecting Lagos to northern, eastern, and southern Nigeria, without excessive borrowing.
He stressed the importance of using oil revenue to sustain national development rather than relying heavily on loans, which undermine financial independence.
Comparing Nigeria to Norway, Ogunsanya explained how the Nordic country had prudently saved and invested oil earnings into education, infrastructure, and long-term development, in contrast to the nation’s monthly revenue distribution system.
Chief Executive Officer (CEO) and Executive Secretary of the Major Energies Marketers Association of Nigeria (MEMAN), Clement Using, represented by the Secretary of the Association, Ms Ogechi Nkwoji, highlighted the urgent need for stakeholders and regulators in the sector to embrace digital technologies.
According to him, digital evolution can boost operational efficiency, reduce costs, enhance safety, and align with sustainability goals.
Isong pointed out that the downstream energy sector forms the backbone of Nigeria’s economy saying “When the downstream system functions well, commerce thrives, hospitals operate, and markets stay open. When it fails, chaos and hardship follow immediately,” he said.
He identified challenges such as price volatility, equipment failures, fuel losses, fraud, and environmental risks, linking them to aging infrastructure, poor record-keeping, and skill gaps.
According to Isong, the solution lies in integrated digital tools such as sensors, automation, analytics, and secure transaction systems to monitor refining, storage, distribution, and retail activities.
He highlighted key technologies including IoT forecourt automation for real-time pump activity and sales tracking, remote pricing and reconciliation systems at retail fuel stations, AI-powered pipeline leak detection, terminal automation for depot operations, digital tank gauging, and predictive maintenance.
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