OIL & GAS
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FG Completes $700m Gas Pipeline In March After Eight Years
Minister of State for Petroleum, Ekperipke Ekpo The Federal Government, on Tuesday, announced that the $700m Obiafu/Obrikom/Oben gas pipeline, popularly…
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Dangote, PH Refineries Face Crude Shortage Over Low Production – FG
The Minister of State Petroleum Resources (Oil), Heineken Lokpobiri, has said the newly inaugurated Dangote Petrochemical Refinery, Port Harcourt Refinery,…
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Nigeria Gets 60% Share Of Afreximbank’s $30bn Oil, Gas Funding
The African Export-Import Bank on Wednesday, disclosed that it has become the largest financier of oil and gas projects in…
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$496 Payment: Senate To Probe Ajaokuta Steel
Ajaokuta Steel The Senate on Tuesday resolved to probe the affairs of Ajaokuta Steel Company Limited and the National Ore…
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Senate Rejects Electricity Tariff Hike, Probes N2tn Subsidy
The Senate has kicked against plans by the Ministry of Power to approve the proposed hikes in electricity tariff by…
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Oil Dealers Threaten Shutdown Over Forex Crisis
Oil and gas dealers in the country have declared that the harsh operating environment in the downstream oil sector has…
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Nigeria’s Active Oil Rigs Rise To 30, Says NUPRC
Komolafe, NUPRC CEO The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, has disclosed that the…
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NNPCL Destroys 82 Illegal Oil Refineries In One Week
The Nigerian National Petroleum Company Limited has stated that it uncovered and destroyed 82 illegal refineries in the Niger Delta…
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Fuel Transporters Halt Strike As FG Intervenes
The about two-day suspension of operations with respect to the lifting of petroleum products by the Nigerian Association of Road…
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Aso Villa, DHQ, CBN Face Disconnection Over N47bn Debt
No fewer than 86 ministries, agencies and departments of government are owing the Abuja Electricity Distribution Company to the tune…
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NNPCL/Total Energies Joint Venture Achieves Zero Gas Flare
The Nigerian National Petroleum Company Limited/TotalEnergies joint venture has achieved zero routine gas flare in all its assets, NNPCL announced…
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Fuel Can Sell Below NNPCL Rate, Says IPMAN
Independent oil marketers have stated that they could sell premium motor spirit, fuel, below the rate it is being sold…
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Dangote Refinery To Export Two Fuel Cargoes – Report
A Modular refinery The Dangote Petroleum Refinery has issued tenders to sell two fuel cargoes for export, the first from…
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Minister Seeks More Investments In Gas Sector
Heineken Lokpobiri The Minister of State for Petroleum Resources, (Oil), Heineken Lokpobiri, has called for more investments to explore Nigeria’s…
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Shell supplies 475,000 barrels of crude oil to P’Harcourt refinery
The Shell Petroleum Development Company of Nigeria Limited said it has completed the supply of 475,000 barrels of crude oil…
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Minister Warns Oil Marketers Against Fraudulent Acts
Heineken Lokpobiri Minister for State Petroleum Resources (Oil), Heineken Lokpobiri, has warned oil marketers to address cases of fraudulent activities…
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NNPCL Woos S’Korean Investors For Gas Projects
The Nigerian National Petroleum Company Limited has held talks with a South Korean consortium led by Daewoo E & C…
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Minister Assures Of Supply To Nigeria-Morocco Gas Pipeline
Minister of State for Petroleum, Ekperipke Ekpo The Minister of State for Petroleum Resources (Gas), Mr Ekperikpe Ekpo, has assured…
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NNPCL Remitted Zero Allocation To Federation Account In 2022 – CFO
The Nigerian National Petroleum Company Limited remitted literally zero funds to the Federation Account in 2022 due to the payment…
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Marketers Will Pay Naira For Dangote Fuel, Says IPMAN
Refined petroleum products from the $20bn Dangote Petroleum Refinery are to be sold in naira and not in the United…
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