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Oil and Gas
FUEL YAPA: Vindi Petroleum To Provide 10 Million Liters Of Fuel Daily For Holiday Travellers
Foremost oil and gas firm Vindi Petroleum has announced a groundbreaking initiative aimed at making fuel affordable and accessible for holiday travellers during the festive season
As part efforts towards ensuring Nigerians can…
LASG Launches Ibile Oil Compressed Natural Gas
Lagos State Governor, Mr. Babajide Sanwo-Olu has stated that his administration is committed to expanding the Compressed Natural Gas (CNG) initiative by investing in the infrastructure, technology, and partnerships necessary to…
NNPC Ltd Announces Port Harcourt Refinery To Produce 60,000 Barrels-Per-Day
The Board and Management of the Nigerian National Petroleum Company Limited (NNPC Ltd.) said it will continue to express heartfelt appreciation to Nigerians for their support and excitement over the safe and successful…
SUCCOUR: Dangote Refinery Reduces Petrol Price For Marketers
Dangote Petroleum Refinery on Sunday has announced a reduction in its price of the Premium Motor Spirit (PMS), also known as petrol, to ₦970 per litre for oil marketers.
The company’s Chief Branding and Communications Officer,…
NNPC Ltd Eyes 2mbpd By Year End
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its partners have revved up crude oil and gas production to 1.8million barrels per day (mbpd) and 7.4billion standard cubic feet (bscf).
The company…
OTLAfrica 2024: NMDPRA Says African Energy Bank Nears Completion
As part of efforts to enhance the production and transportation of gas across the Africa, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has disclosed plans to champion the development and…
FG Not Paying Niger Delta Gas Flare Revenues – Gov Diri
Governor of Bayelsa State, Senator Douye Diri, has bemoaned the failure of the Federal Government to remit to Niger Delta states revenues from gas flare fines and royalties paid by oil firms to its coffers.
Governor…
OIL THEFT : Bayelsa State Seeks DHQ Collaboration ,Wants Oil Companies To Replace Worn-Out Equipment
Governor of Bayelsa State, Senator Douye Diri, has restated that the state will work with the Defence Headquarters Joint Monitoring Team to curb the menace of crude oil theft and pipeline vandalism.
Governor Diri also expressed…
Nigeria To Save N5.4trn From Fuel Subsidy Removal In 2024 – Gov. Abiodun
The Ogun State Governor, Prince Dapo Abiodun has disclosed that the subsidy on fuel, if not curbed by President Bola Ahmed Tinubu, would have cost the country a whopping N5.4 trillion by the end of 2024.
Governor Abiodun noted that it…
NNPCL Expands Global Market To Japan, China With LNG Supply On Delivered Ex-Ship Basis
The Nigerian National Petroleum Company Limited (NNPC Ltd.) said it has commenced shipment of Liquefied Natural Gas (LNG) cargoes to Japan and China on Delivered Ex-Ship (DES) basis.
According to a statement by Olufemi Soneye
Chief…