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    Kapital FM 92.9 The Station that Rocks!

Oil and Gas

66 Results / Page 1 of 8
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Business

Enugu To Host SEDC Venture Capital Finale, Investment Ceremony

The South East Development Commission (SEDC) has announced the Grand Finale of the inaugural South East Venture Capital Program (SEVCP) Pitch Competition. The South East Venture Capital Program is a flagship initiative of the Commission, aligned with the vision of President Bola Ahmed Tinubu, as articulated in the Renewed Hope Agenda (page 50), which prioritises innovative financing mechanisms to support local funding opportunities for startups while strengthening investor confidence in […]

todayMay 11, 2026

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Featured

FCT NSCDC Boss Decries Adulteration Of Petroleum Products By Dealers

The FCT Commandant of the Nigeria Security and Civil Defence Corps (NSCDC) Dr Olusola Odumosu has decried the adulteration of petroleum products by dealers that often results in disasters. Odumosu made this known when he granted audience to members of the Petroleum Products Retail Outlet Owners Association of Nigeria, in his office in Abuja. The FCT NSCDC Boss, who said the dangers inherent with such sharp practices in the Petroleum […]

todayMay 6, 2026

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Featured

House Advocates Stronger Regulation Of Gas Outlets In Dense Communities

The House of Representatives has urged tougher enforcement of regulations governing the location of gas filling stations and retail outlets, citing a spate of explosions in densely populated neighbourhoods. The resolution followed the adoption of a motion of urgent public Importance by member representing Apapa Federal Constituency in Lagos State, Mr. Adesola Adedayo, who warned that poorly sited facilities in high-density, low-income areas were putting lives and property at risk. […]

todayMay 6, 2026

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Africa

UAE’s Exit From OPEC Could Trigger Oil Market Volatility — CRMI

The Chartered Risk Management Institute of Nigeria, CRMI, has urged Nigerian authorities, businesses and investors to prepare for potential shocks in the global oil market following the United Arab Emirates’ exit from the Organization of the Petroleum Exporting Countries (OPEC) effective May 1, 2026 In a policy advisory, CRMI Registrar and Chief Executive Officer, Victor Olannye said the development could weaken OPEC’s influence over oil supply coordination and expose countries […]

todayMay 5, 2026

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Africa

NNPLC Signs MOU To Kick-Start Operations at Warri and Port Harcourt Refineries

  The NNPC Ltd has signed a Memorandum of Understanding (MoU) with two Chinese companies, Sanjiang Chemical Company Limited and Xingcheng (Fuzhou) Industrial Park Operation and Management Co. Ltd, for collaboration through a potential Technical Equity Partnership (TEP) in support of the completion and operation of the Port Harcourt and Warri Refineries. The MoU was signed by the Group CEO, NNPC Ltd, Engr. Bashir Bayo Ojulari; Chairman, Sanjiang Chemical Company, […]

todayMay 4, 2026

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Foreign

US To Guide Stranded Ships Through Strait Of Hormuz

President Donald Trump has said that the US will help guide stranded vessels out of the Strait of Hormuz from Monday. For the good of Iran, the Middle East, and the United States, we have told these Countries that we will guide their Ships safely out of these restricted Waterways," he wrote on social media, without specifying which countries would receive assistance. President Trump said any interference in the process, […]

todayMay 4, 2026

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Featured

Senate Threatens Arrest Of NNPCL GCEO Over Unaccounted N210trn

After a series of failed appearances before the Senate Committee on Public Accounts to explain the yet-to-be-accounted N210 trillion in the audit reports of the Nigerian National Petroleum Company Limited (NNPCL) from 2017 to 2023, the company’s immediate past management reached out to the committee on Wednesday. The committee, led by Senator Aliyu Wadada Ahmed (Nasarawa West), however, warned that it would issue a warrant of arrest against the Group […]

todayApril 29, 2026

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Business

Iranian Foreign Minister Blames US For Talks Breakdown As He Visits Russia

Iranian Foreign Minister Abbas Araghchi says the US’s excessive demands have caused peace negotiations to fail in Islamabad, in comments to local reporters after arriving in Russia. Touching down in St Petersburg, Araghchi says he will consult with Russian allies about the war in the Middle East, in an interview in Persian and shared on his Telegram channel. As we’ve been reporting, Araghchi's arrival in Russia comes after talks with […]

todayApril 27, 2026

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Featured

N210tr Audit Queries: Senate Sets April 29 Deadline For NNPCL

The Senate, through its Public Accounts Committee, has set April 29, 2026 as the deadline for the management of the Nigerian National Petroleum Company Limited to appear before it and account for the alleged unaccounted N210 trillion contained in audit reports covering 2017 to 2023. The committee specifically directed that the Group Chief Executive Officer of NNPCL, Engineer Bayo Ojulari, should appear alongside the immediate past GCEO, Mele Kyari, former […]

todayApril 15, 2026