Industry

A Federal Account Allocation Committee report has criticised the Nigerian National Petroleu͏m Company (NNPC) for an additional N1.19 trillion subsidy refund for July 2024. The critique came shortly after NNPC noted that the request…
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The businessman and his executives aim to formalize the direct acquisition and operation of oil blocks in Angola’s onshore and offshore areas, as well as the acquisition or management of cement factories. The following article was…
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Faced with soaring petrol prices after an end to fuel subsidies, some Nigerians are convertng their cars to run on compressed natural gas. Car mechanic Adebola Omotosho has to drive eight kilometers across Nigeria’s bustling commercial…
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Kuwait has announced a bold $33 billion investment plan to boost its oil production capacity but Nigeria grapples with a myriad of challenges in its oil sector. Findings showed Kuwait Petroleum Corporation (KPC), the equivalent of…
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The Trade Union Congress of Nigeria (TUC) has called on the Federal Government to go beyond the processing of crude in the old Porth Harcourt refinery and expedite work in all the other refineries in the country including the new Porth…
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…Calls For Licensing Of Artisanal Refineries The Pan Niger Delta Forum (PANDEF) has hailed the commencement of refining of petroleum products by Port Harcourt refineries, saying that its resumption will create jobs for Nigerians and…
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The Nigerian National Petroleum Company Limited (NNPC) has stated it cannot specify a completion date for the Quick Fix Project at the Kaduna Refining and Petrochemical Company (KRPC), despite previous projections. Earlier, KRPC’s…
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Decades after discovering oil, many Nigerians still question the benefits of this abundant natural resource as they endure long queues at fuel stations and face daily challenges. The answer to this ancient challenge lies in the…
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A cross section of some of the beneficiaries By Saidu Abubakar A total of 9,000 youths in the Niger Delta have acquired entrepreneurial skills in the LiveWIRE programme of The Shell Petroleum Development Company of Nigeria Limited…
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…Contradicts NNPC’s 1.8m Claim For October Nigeria’s crude oil production comes under scrutiny as figures from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) contradict the Nigerian National Petroleum Company Limited…
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