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Oil and Gas
NNPCL Announces Crude Oil Discovery In Nasarawa ,As Drilling To Commence March 2023
The Nigerian National Petroleum Company Limited on Friday announced the discovery of oil in Nasarawa State and said it was set to drill the first foot of an oil well in the Northern state.
It said the discovery was in continuation of its…
Gov. Uzodimma Gives Assurance Of Partnership With Special Investigative Panel On Oil Theft
In a bid to curb the oil theft menace in the State and save the collective wealth of Ndi Imo, the Imo State Governor, Hope Uzodimma has given the assurance of partnership with the Federal Government's Special Investigative Panel on oil…
Port Harcourt Refinery To Commence Operations Q1, 2023 – Sylva
The Minister of State for Petroleum, Timipre Sylva has revealed that the rehabilitation of the 60,000 bpd refinery is being completed and is going to be started by Q1 2023 as promised.
Sylva made this known while giving an update on the…
Enugu’s Oil Producing Status My Biggest Joy -Gov. Ugwuanyi
Governor Ifeanyi Ugwuanyi of Enugu State has disclosed that his biggest joy is that the recent actualisation of his administration’s struggle for Enugu to join the league of states enjoying oil producing status in Nigeria will ensure the…
Why We Can’t Sell Petro At N170 Per Litre – Independent Marketers
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has explained it is making moves to end the fuel scarcity.
The PMAN said it is working with the Nigerian National Petroleum Corporation (NNPC) Limited to solve…
OIL DERIVATION: Nine Oil Producing States Receive N625.43bn In Two Years, N1.1trn Still Outstanding – Presidency
Nine oil-producing states received a total of N625.43 billion 13 percent oil derivation, subsidy and SURE-P refunds from the Federation Account in the last two years, 2021-2022, the presidency has disclosed.
According to Garba Shehu,…
KOLMANI PROJECT : My Administration Attracted $3bn Investment In Fossil Energy -President Buhari
President Muhammadu Buhari has declared that his administration attracted over $3bn investment in the Oil and Gas Sector at a time of near-zero appetite for investment in fossil energy.
Speaking Tuesday in Bauchi at the Flag-off Ceremony…
Ogun Set To Host $3b Refinery In Tongeji Island
The Governor Dapo Abiodun-led administration in Ogun State on Wednesday took a major step in making the state an oil producing one as a firm, Gasoline Integrated International, expressed its readiness to build a $3b refinery in Tongeji…
OIL THEFT: NLNG Confirms Improvement In Crude Transportation
The effort of the Nigerian National Petroleum Company to combat crude oil theft is yielding results as the Nigeria Liquefied Natural Gas (NLNG) Limited has confirmed improvement in key crude oil transportation.
The NLNG spokesperson,…
IPMAN blames private depots over hike in fuel price
By Ijezie Victor
The Independent Petroleum Marketers Association of Nigeria, IPMAN, Western Zone, has attributed the increase in the pump price of Premium Motor Spirit to the hike in private depot prices.
The Chairman, IPMAN…