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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NNPCL’s spokesperson Olufemi Soneye resigns

The spokesperson of the Nigerian National Petroleum Company Limited, NNPCL, Olufemi Soneye, has resigned. Soneye made this known in a statement made on Saturday. He said...

Oil markets unfazed by political turmoil of Trump’s first…

The ramifications of the Biden administration’s sanctions on Russia’s shadow fleet continue to roil oil markets, with the Brent-Dubai spread traded on ICE Futures...

NNPC joins world partners to reduce Methane emissions – Eyesan

The Nigerian National Petroleum Company Ltd (NNPC Ltd.) has expressed its commitment to work with global partners toward reducing methane emissions in oil and gas operations.

FG to inaugurate Nedogas 300 MMscfd Kwale gas facility

Nedogas Development Company Limited (NDCL), a Joint Venture company between Xenergi Limited and Nigerian Content Development Management Board, NCDMB, Capacity Development Intervention Company, has...

My refinery can save Nigeria $10bn in FX – Dangote

Mr. Aliko Dangote, Africa’s richest man and owner of the Dangote Refinery has said with the planned commencement of the refinery located in Lagos, Nigeria could save up to $10 billion in foreign exchange (FX) and generate another $10 billion in exports when the facility begins operation.

IOC’s divestment: We facilitate, not hinder process – NNPC Ltd

The Nigerian National Petroleum Company Limited (NNPC Ltd), as the largest partner to all the oil producing companies in Nigeria, has assured that its...
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