OIL & GAS
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148,077 Electricity Customers Metered In May, June – NERC
The Nigerian Electricity Regulatory Commission has disclosed that a total of 148,077 electricity customers were metered across the country in…
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PENGASSAN, NUPENG Reject Govt’s Plan To Sell Assets
Two of Nigeria’s influential oil sector unions have strongly opposed the Federal Government’s reported plans to divest significant stakes in…
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N5.6tn Debt: Energy Crisis Looms As Gas Firms Cut Supply
Nigeria faces the threat of nationwide blackouts as gas companies reduce their supply to power plants due to an outstanding…
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Nigeria To Host Global Gas Investors Forum
Nigeria will host global gas investors and top industry leaders this October, as preparations heighten for the 2025 edition of…
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Dantsoho Pledges Renewed Ports Efficiencies for Exports Performance, Sustainability
Managing Director Nigerian Ports, Dr. Abubakar Dantsoho has tasked his team to renew commitment towards continuous improvement of the Port…
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FG Generates N5.21tn From Oil Sales In H1
The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission, raked in N5.21tn from the sale of crude oil, gas…
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Marketers, Others Slam NNPC Over Failed Refineries’ Rehabilitation, Neglect
The Petroleum Products Retail Outlets Owners Association of Nigeria has accused the Group Chief Executive Officer of the Nigerian National…
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India Buys Nigerian Crude As Dangote Imports US Oil
Refineries in India are buying Nigerian crude while the country’s Dangote Petroleum Refinery is largely running on American oil. In…
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Govt Targets 5m Homes With Clean Cooking Gas
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, said the Federal Government plans to move five million homes…
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FG Eyes N796bn Annually From 5% Petrol Surcharge
The Federal Government may rake in N796bn annually from the introduction of a five per cent surcharge on locally produced…
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N210tn Audit: Senate Demands NNPC Response In Three Weeks
The Senate on Tuesday gave the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, three…
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States Slashing Power Tariff Must Pay Subsidy – NERC
The Nigerian Electricity Regulatory Commission has said that state governments do not have jurisdiction over the national grid and over…
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US Emerges Top Supplier Of Crude To Nigeria — Report
The United States became a net exporter of crude oil to Nigeria in February and March, as crude demand on…
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Dangote’s Fuel Distribution Plan Sparks Concerns Over Job Losses
The Natural Oil and Gas Suppliers Association of Nigeria has expressed strong concerns over the recent decision by Dangote Petroleum…
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Dangote Halts Fuel Discount Scheme Amid Fraud Allegations
The Dangote Petroleum Refinery and Petrochemicals has uncovered a fresh racket involving some of its affiliate marketers and strategic partners…
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NIPCO Deploys CNG To Reduce Reliance On Petrol
NIPCO Plc says it is intensifying its investment in Compressed Natural Gas infrastructure as part of efforts to reduce Nigeria’s…
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OPEC Warns Of $14.9tn Investment Gap In Upstream Sector
The Organisation of the Petroleum Exporting Countries has called for urgent and sustained investment in the global upstream oil sector,…
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Marketers Back Refineries’ Sale, Project Lower Fuel Prices
Oil marketers and industry stakeholders have thrown their weight behind the proposed sale of Nigeria’s refineries under the management of…
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Senate Summons NNPC Boss Over Unaccounted N210tn
The Senate on Thursday ordered the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, to…
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NNPC Refineries May Never Work Again — Dangote
The President of the Dangote Group, Alhaji Aliko Dangote, has doubted the possibility of the state-owned Port Harcourt, Warri, and…
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