Industry

The presidency has signaled that plans for the complete privatization of the state-owned refineries, including the Port Harcourt, Warri, and Kaduna refineries, are underway. Sunday Dare, the Special Adviser to the President on Media…
Read More...

*Shell operated mining leases including OML25. The host communities of Oil Mining Lease, OML25 have insisted that Shell Petroleum Development Company of Nigeria Limited, SPDC, must sign a comprehensive agreement with Belemaoil and the…
Read More...

A long list of oil industry leaders, ministers of the federal republic, national assembly members, as well as oil and gas stakeholders are confirmed to attend the 2024 edition of the Practical Nigerian Content Conference and Exhibition…
Read More...

The Dangote Petroleum Refinery has raised concerns over insufficient crude oil supplies under Nigeria’s naira-for-crude initiative. Vice President Devakumar Edwin stated that while the Nigerian National Petroleum Company Limited…
Read More...

Nigeria’s hydropower infrastructure has faced significant challenges over the last three years, as recurring national grid failures have cost Kanji and Jebba power plants approximately N30.5 billion. These failures, caused by technical…
Read More...

Nigerian DisCos The House of Representatives on Wednesday called for a minimum of N500 billion recapitalisation threshold for the 11 Electricity Distribution Companies (DisCos) in the country to remain operational. In response to…
Read More...

...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…
Read More...

•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,…
Read More...

... 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…
Read More...

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…
Read More...