Oil & gas

Dangote assures Nigerians of steady petrol, diesel supply

 By Paul Ejime Dangote Petroleum Refinery has reiterated its commitment to ensuring a steady and uninterrupted supply of petrol or Premium Motor Spirit (PMS) and Automotive Gas Oil (diesel) nationwide, adding that local...

Sterling Oil launches global sustainability campaign in collaboration with NAEC

Sterling Oil Exploration & Energy Production Company (SEEPCO) has launched an ESG Flagship Sustainability Campaign aimed at amplifying...

Why Nigeria’s oil rigs rise by 762% to 69 in 4 years — NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that the oil rig count in the country rose...

Nigerians face difficulty in purchase of cooking gas as prices soar

The scarcity of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, has spread across several Nigerian cities,...

Nigerian oil industry crisis may linger despite suspension of latest strike

By Paul Ejime Nigeria’s major oil workers union, PENGASSAN has announced the suspension of its two-day strike, but warned that...
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Expert Tasks Africa On Participation In Upstream Investment

Ms Funmi Ogbue, an oil and gas expert, has advised African countries to encourage more participants to invest in the upstream sector amidst divestments by the International Oil Companies (IOCs).

Why Goldman Sachs worry over Wagner’s threat to oil prices

Goldman Sachs, a leading global investment bank, has expressed concerns about the potential impact of the rise of the mercenary group, Wagner, on the global oil market.

WOGE 2024 fostered collaborations, knowledge sharing in oil/gas sector

The 9th World Oil and Gas Exhibition (WOGE 2024) fostered collaborations and advanced knowledge sharing in the oil and gas sector. This is contained in...

Bonny Gas transport charters prototype eco-friendly newbuild vessel, AKTORAS

Bonny Gas Transport Limited (BGT), a subsidiary of Nigeria LNG Limited (NLNG), has chartered a newbuild vessel, AKTORAS, in a strategic move to diversify...

Why petrol scarcity will end Wednesday – NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) has promised to resolve the current petrol scarcity by Wednesday. Olufemi Soneye, its Chief Corporate Communications Officer, made...

NNPCL-AITEO joint venture launches Nembe crude oil grade at London Argus European crude conference

The NNPC-Aiteo OML 29 Joint Venture (JV) took centre stage at the ongoing Argus European Crude Conference in London when it announced the introduction of the Nembe Crude Oil Grade to the market.
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