Industry

The Nigerian National Petroleum Company Limited is deepening its war on crude oil theft as it has discovered a fresh 223 illegal connections and illegal refineries in the Niger Delta. In a two minuites video obtained on Wednesday,…
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The International Monetary Fund (IMF) has said the Nigerian government has, through the backdoor, resumed the payment of subsidies on the premium motor spirit (PMS), otherwise known as petrol. Recall that on May 29, 2023, during his…
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In a groundbreaking legal decision marking the first major interetation of the Petrleum Industry Act (PIA) 2021, the Nigerian Federal High Court has affirmed the jurisdiction of the Nigerian Midstream and Downstream Petroleum…
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…After 5 Years By William Emmanuel Ukpoju In a significant move aimed at enhancing Nigeria's domestic refining capacity and ensuring the availability of petroleum products within the country, the Shell Petroleum Development…
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Arrested vessel and crew members The Nigerian Navy Ship Beecroft, under the Command of Commodore Kolawole Olumide Oguntuga, who also is the Maritime Component Commander (Operation AWATSE), has arrested a vessel, Motor Tanker SAISNIL II.…
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The Nigeria Navy has uncovered 15 massive illegal refining camps, each equipped with six cooking pots and metal storage tanks with capacity to hold about 30,000 litres of crude oil, culminating in about 2.7 million litres of crude oil…
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The Central Bank of Nigeria has created a department to deal with crude oil sales transactions by the Nigerian National Petroleum Company Limited, the Group Chief Executive Officer, NNPC, Mele Kyari, announced on Thursday. Kyari…
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In a significant development for Nigeria’s oil and gas industry, Shell Petroleum Development Company Limited (SPDC) has delivered 475,000 barrels of crude oil to the Port Harcourt Refinery, marking a crucial step towards its imminent…
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By William Emmanuel Ukpoju In a landmark meeting held at the Senate Building in Abuja, the Senate Committee on Local Content engaged in its inaugural interactive meeting with the leadership of the Nigerian Content Development and…
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By Bashir Bello The Senate Committee on Local Content has denounced the extractive operational practices carried out by international oil companies in Nigeria. This decision emerged following discussions between the committee and…
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