OIL & GAS
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FG To Inaugurate Gas Leak Detection Facility
The Federal Government will on Thursday inaugurate Amal Technology’s production facility for Gas Leak Detection Devices and Printed Circuit Board…
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Reps Probe NNPCL JV Deals, $60bn Revenue Loss
The House of Representatives has expressed readiness to investigate the loss of over $60bn revenue due to alleged inflated cash…
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Kyari Defends NNPCL Fuel Import Monopoly
NNPC’s GMD, Mele Kyari The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has defended…
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NNPCL Not Transparent On Subsidy, Dollar Revenues – W’Bank
President of the World bank, Ajay Banga The Nigeria National Petroleum Corporation Limited is not transparent about the financial gains…
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Parthian Partners Foresee NNPCL, Dangote Refinery Capital Market Listing
Indigenous interdealer brokerage firm, Parthian Partners, has projected that the Nigerian National Petroleum Corporation Limited and Dangote Refinery would be…
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Govt Eyes 1.7mbpd Crude, November Output Fell
Oil workers The Federal Government, on Tuesday, declared that Nigeria would meet and surpass the 2024 crude oil budget benchmark…
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Dangote refinery gets first crude supply
The first crude feedstock for Dangote’s 650,000 b/d refinery has arrived the country, according to SP Global quoting market sources…
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NEITI, Oil Producers Partner On Transparency, Accountability
The Nigeria Extractive Industries Transparency Initiative and the Oil Producers Trade Section, have met with oil firms and miners over…
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Norway’s Equinor Sells 20% Stake In Chevron Agbami Field
Norway’s Equinor has concluded the sale of its 20.21 per cent stake in Chevron’s operated Agbami oil field. Equinor said…
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FG Sets Up Committee To Reduce Gas Price
Federal Government has taken drastic step to ensure that the soaring prices of Liquefied Petroleum Gas (LPG) otherwise known as…
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Tinubu Reshuffles NNPC Board, Management
Bola Tinubu has approved the appointment of a new Board and Management team for the Nigerian National Petroleum Company Limited…
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Navy Deploy 13 Ships, 2 Helicopters, 88 Boats To Battle Crude Oil Theft, Piracy, Other Crimes
The Minister of State for Defence, Mohammad Bello Matawale, has lauded the Nigerian Navy for varying degrees of success, which…
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Nigeria, Germany Sign $500m Renewable Energy, Gas Deals
In a significant move to strengthen economic ties, Nigerian and German companies sealed two pivotal agreements in Berlin on Tuesday.…
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Protesting Tanker Drivers Threaten Breakaway From NUPENG
Oil Tankers Packed On The Road The Petroleum Tanker Drivers arm of the Nigeria Union of Petroleum and Natural Gas…
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Sun Africa Pledges $2.2bn For Nigeria’s Power Sector Devt
Adeboyo Adelabu Sun Africa LLC, an international organisation that supports Africa’s energy needs, has pledged to commit about $2.2bn for…
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Fuel scarcity: Marketers blame low supply, NNPCL disagrees
Oil marketers stated on Thursday that the reason behind the long queues at petrol filling stations in Abuja and neighbouring…
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NNPCL Flags Currency Crisis As Barrier To Investment
…Gas demand may hit 12.2 BCF/d by 2030s, NUPRC projectsThe Nigeria National Petroleum Company Limited (NNPCL) said currency volatility remains…
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FG Signs 250MW Power Sale Deal With Discos
The Federal Government through the Niger Delta Power Holding Company has signed a Power Purchase Agreement with utility companies to…
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Oil Sector Attracted Zero Foreign Investment In Q2 – NBS
The oil and gas sector in the country failed to attract any foreign investment for the first time in Q2…
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Tinubu Stops Electricity Tariff Hike, Insists On Subsidy
President Bola Tinubu recently stopped the implementation of a hike in electricity tariff and insisted that subsidy be paid on…
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