OIL & GAS
-
Minister Unveils First LCNG Plant In North-East
Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, has inaugurated the first Liquefied to Compressed Natural Gas hub in the…
Read More » -
Low Taxation Responsible For Cheaper Nigerian Fuel — Major Marketers
The Major Energies Marketers Association of Nigeria has identified low taxation as one of the primary reasons fuel is cheaper…
Read More » -
Shell Loads First Crude From New Nigerian Terminal
Shell has loaded the first crude cargo from Nigeria’s new onshore Otakikpo terminal, marking the start of exports from the…
Read More » -
Nigeria’s Petrol Price 55% Below West African Average – Dangote
The President of the Dangote Group, Aliko Dangote, has revealed that most Nigerians are unaware that they currently pay 55…
Read More » -
S’Africa Overtakes Nigeria As Africa’s Top Fuel Importer – Report
Nigeria has relinquished its long-held position as Africa’s largest importer of refined petroleum products following the ramp-up of operations at…
Read More » -
Refinery Shutdown: Workers Barred From Speaking With Journalists
As maintenance activities commenced at the Port Harcourt Refining Company, employees of the facility have been barred from speaking with…
Read More » -
Petrol Price Jumps 76% In One year – NBS
The average pump price of Premium Motor Spirit, also known as petrol, surged by 76.73 per cent year-on-year to N1,239.33…
Read More » -
Uncertified Engineers Won’t Get Oil Sector Jobs – NCDMB
The Nigerian Content Development and Monitoring Board has warned oil companies against employing unregistered engineers. The Executive Secretary of the…
Read More » -
Navy Arrests 215 Oil Theft Suspects, Destroys 468 Illegal Refineries In 2024
The Nigerian Navy says it apprehended no fewer than 215 suspected oil thieves and 26 vessels in 2024. It also…
Read More » -
NNPCL Refineries Not Producing Enough Petrol – DAPPMAN
The Depot and Petroleum Products Marketers Association of Nigeria has said that its members can only buy Premium Motor Spirit…
Read More » -
TotalEnergies Declares N13.58bn Dividend
TotalEnergies Marketing Nigeria Plc has approved a total dividend payout of N13.58bn for the 2024 financial year, even as shareholders…
Read More » -
NNPCL Didn’t Remit N500bn Revenue In 2024 – W’Bank
The World Bank has revealed that the Nigerian National Petroleum Company Limited has only been remitting 50 per cent of…
Read More » -
Oil Drilling To Resume In North, Says NNPCL GCEO
The Group Chief Executive of the Nigerian National Petroleum Company Limited, Bayo Ojulari, has disclosed that the state-owned energy firm…
Read More » -
Dangote, NNPC Pledge Collaboration For National Growth
The President/Chief Executive Officer of the Dangote Group, Aliko Dangote, on Thursday paid a courtesy visit to the Group Chief…
Read More » -
FG Hails Milestones Of Naira-For-Crude Deal
The Federal Government’s drive to boost the naira through local sales of crude oil and refined petroleum products has recorded…
Read More » -
Marketers Warn FG Against Hasty Fuel Import Ban
Marketers have argued that Nigeria cannot ban fuel importation now, saying the country’s refining capacity is still low. The marketers…
Read More » -
Power Consumers Owe Discos N54bn In February – NERC
Electricity consumers owe the distribution companies up to N54bn for the power consumed in February this year, according to a…
Read More » -
Dangote To Export Polypropylene After Capacity Boost
Dangote Packaging Limited has announced plans to expand its polypropylene into the African export market following a production capacity boost…
Read More » -
N4.7tn debt: Gencos Demand Date To Meet Tinubu
Electricity generation companies want President Bola Tinubu to hasten the plan of meeting with the firms over the N4.7tn power…
Read More » -
‘Cabals’ Still Fighting Against Our Refinery — Dangote
The President of Dangote Group, Alhaji Aliko Dangote, says he is still fighting for the survival of his $20bn refinery,…
Read More »