OIL & GAS
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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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ExxonMobil Sues Investors
Oil giant ExxonMobil has sued climate activist investors in a bid to prevent their climate proposal from going to a…
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Nigeria’s Crude Oil Production Rises To 1.4mbd – OPEC
Nigeria’s crude oil production rose to 1.418mbpd in December 2023, a report by the Organisation of the Petroleum Exporting Countries…
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10,166 Illegal Refineries, Connections Destroyed In Three Years – NNPCL
Mele Kyari, GCEO, NNPCL The Nigerian National Petroleum Company Limited, on Wednesday, said a total of 10,166 illegal refineries and…
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Eterna Becomes Official Distributor Of Dangote Refinery
Eterna PLC, an integrated energy provider in Nigeria, said it has become an official domestic sales distributor of the new…
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FG Suspends Electricity Tariff Hike, Power Subsidy Hits N1.6tn
A Power Transmission System The Nigerian Electricity Regulatory Commission, on Wednesday, released the 2024 electricity tariffs which showed that the…
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Dangote Investors Gain N514bn After Refinery Takeoff
Investors in the Dangote Group shares on Tuesday gained N514bn following an announcement that the Dangote Refinery had commenced production.…
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NNPCL Mulls P’Harcourt Refinery Handover To Private Operators
As the Port Harcourt oil Refinery comes to life, the Nigerian National Petroleum Company Limited has concluded plans to hand…
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