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Industry
Nigeria to Enforce PIA’s ‘Drill or Drop’ Clause
...To Boost Oil Production
A report by Arise News reveals that the Nigerian government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), is set to enforce the ‘drill or drop’ clause enshrined in the Petroleum!-->!-->!-->!-->!-->…
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NNPC’s Utapate crude grade hits global market
•Targets 80,000 bpd by end of 2025
In a major boost for Nigeria’s crude oil production, revenue generation, and economic growth efforts, NNPC Ltd has officially unveiled its latest crude oil grade, the Utapate crude oil blend,!-->!-->!-->!-->!-->…
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This Is A Deliberate Attempt To Cripple The Economy, Deepen Hardship – CSOs Cry Out
... As NNPC Moves To Import 1.6 Billion Litres Of Petrol
A Coalition of Civil Society Organisations has vowed to go on protest over the decision by the Nigeria National Petroleum Company Limited (NNPC), to import over 1.6 billion!-->!-->!-->!-->!-->…
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NUPRC: Oil Reserves Drop By 50bn Barrels As Investments Decline
Crude Oil
According to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the country’s oil reserves have declined by 50 billion barrels over the past 14 years.
According to the NUPRC, oil reserves shrank from 38 billion!-->!-->!-->!-->!-->…
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Fuel importation crisis sparks outrage over NNPC’s refinery claims
...Kyari never pledged to completely halt imports but instead to prioritise local refineries - NNPC
Doctor Robinson Onuh, Executive Director of the Energy Reforms Advocates of Nigeria (ERAN), has condemned NNPC’s management, calling!-->!-->!-->!-->!-->…
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DisCos worsening our plights, small business-owners cry out
N221.28bn spent on alternative energy by manufacturers in H1, 2023 — Expert
The worsening economic crisis being experienced by businesses may not be exclusive to the multinationals, as Nigerian Tribune’s checks revealed that Small!-->!-->!-->!-->!-->…
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Cheap Fuel: Aliko Dangote takes on ‘oil mafia’
Petrol production at Nigerian business tycoon Aliko Dangote’s $20bn (£15.5bn) state-of-the-art oil refinery ought to be some of the best business news Nigeria has had in years.
But many Nigerians will judge its success on two key!-->!-->!-->!-->!-->…
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Petrol price drop: Dangote, IPMAN sign 60m litres weekly supply deal
Dangote Refinery and the Independent Petroleum Marketers Association of Nigeria, IPMAN have signed a 60-million-litre weekly Premium Motor Spirit, PMS supply deal.
This comes as IPMAN confirmed that fuel prices have marginally!-->!-->!-->!-->!-->…
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Over 300 Youths benefit as NLNG begins Nigerian Content HCD Trainings
By Saidu AbubakarNLNG, on Tuesday, in Port Harcourt, Rivers State, kicked off its Nigerian Content Human Capacity Development (NC-HCD) Basic Training Programme for the NLNG Train 7 Project, a major NC programme aimed at reskilling!-->!-->!-->…
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NNPC, Oil Marketers Import 1.5m Tonnes of Petrol in 42 Days, Putting Pressure on Naira
Analysts anticipate inflationary pressure to persist in November
The Nigerian National Petroleum Company (NNPC) Limitedand oil marketers operating in the country imported 1.5 million metric tonnes of petrol and 414,018.764 metric!-->!-->!-->!-->!-->!-->!-->…
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