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Oil and Gas
Nigeria Oil Industry Lost $50bn Worth Of Investments In Four Years – Sylva
Minister of State for Petroleum Resources, Timipre Sylva, has disclosed that Nigeria’s oil and gas industry lost about $50 billion worth of investments between 2015 and 2019.
Speaking at the historic unveiling of the new Nigerian…
BREAKING : Tank Farm Owners Suspend Loading Of Petroleum Products Over N1 Per Litre Controversy
Tank farm operators within Ijegu-Egba axis of Lagos State has shutdown loading of petroleum products, directing all tank farm owners to halt operations over the N1 per liter charge demanded by Petroleum Tanker Drivers (PTD).
Secretary of…
EXCLUSIVE: Fuel Scarcity Looms As NMDPRA Shutdown Seven Tank Farms In Lagos
By Roland Ekama
NigeriaMidstream and Downstream Petroleum Regulatory Agency (NMDPRA) has suspended operations of seven tank farms within Satellite Town in Lagos.
The facilities were shutdown on Monday ,4th July 2022 but the…
ENERGY FORUM: FG To Eliminate Kerosene Usage By 2030
President Muhammadu Buhari Friday in Abuja, restated Nigeria’s commitment for a safer and healthier global climate, listing the country’s updated Nationally Determined Contribution (NDC) to include elimination of kerosene lighting by 2030,…
NSCDC : Anti Vandal Monitoring Unit Dislodges Five Illegal Refineries In Delta State
The Commandant General's Special Anti-Vandal Monitoring Unit (SAVMU) has dislodged 5 illegal refineries at Obodo community Creek in Warri North, Delta State, where adulterated petroleum products were produced and distributed to unsuspecting…
PIA: Okowa Advocates Adequate Sensitisation Of Communities By IOCs
Delta State Governor Ifeanyi Okowa has urged Oil and Gas companies in the country to sensitise host communities and stakeholders on the implementation of the Petroleum Industry Act.
Governor Okowa who was represented by the…
Supreme Court Rules In Favour Of Rivers Against Imo On Disputed Oil Wells
The Supreme Court has ruled in favour of Rivers state over the disputed 17 oil wells with Imo state and has ended the political arrangement on the sharing of revenue.
In its verdict delivered on Friday, the Supreme court…
ADDAX PETROLEUM: Oil Flow Station Explosion kills Two Persons In Imo State
Two persons have been reportedly killed following an explosion that occurred at a flow-station located at Izombe in Oguta Local government area of Imo State in the early hours of Wednesday.
The flow station belongs to Addax…
EFCC Arrests Five Suspected Oil Thieves At Private Jetty In Port Harcourt
Operatives of the Port Harcourt Zonal Command of the Economic and Financial Crimes Commission (EFCC), have arrested five suspected oil bunkerers for dealing in petroleum products without requisite licence.
According to a statement on…
EFCC Seeks Navy’s Collaboration In Fight Against Oil Theft
The Port Harcourt Zonal Commander of the EFCC, Assistant Commander of the EFCC, ACE Nwanneka Nwokike has called for increased collaboration between the EFCC and Navy in the fight against illegal oil bunkering and other economic crimes.…