Industry

The federal government announced plans to boost Nigeria’s Compressed Natural Gas (CNG) conversion by 733 per cent, aiming to reach 250,000 conversions by June 2025, up from 30,000 in October 2024. This initiative, known as the…
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Indications have emerged that the Nigerian National Petroleum Company (NNPC) Limited has commenced the process of paying the $6.8 billion debt owed to suppliers. Wale Edun, the Minister Of Finance And Coordinating Minister Of The…
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Nigeria’s state hydrocarbon company NNPC Ltd’s three refinery complexes, currently undergoing turn around maintenance (TAM), will not be producing diesel with sulphur content less than 1,500parts per million (1,500ppm) when they are…
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Dangote Petroleum Refinery and Petrochemicals FZE has sought the Federal High Court in Abuja to void import licenses issued to the Nigeria National Petroleum Company Limited (NNPC), Matrix Petroleum Services Limited, A. A. Rano…
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The federal government has announced the approval of ExxonMobil’s $1.28 billion divestment of its oil and gas assets to Seplat Energy, marking a significant milestone in the transaction first announced in February 2022. The deal is…
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Adegbolagun The Centre For Righteous Living (CRIL), a faith-based non-governmental organisation (NGO) in Nigeria, has called on the Federal Government to come out clean and clearly explain the situation of the petroleum sector and its…
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Nigerian refinery A Lagos-based lawyer, Abdul-Ganeey Imran, has filed a Freedom of Information request to the Nigerian National Petroleum Company Limited, demanding details about the state of the country’s four government-owned…
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Engr. Felix Omatsola Ogbe The Nigerian Content Development and Monitoring Board (NCDMB) and the Universal Basic Education Commission (UBEC) on Thursday signed a Memorandum of Understanding (MOU) for the implementation of the NCDMB-UBEC…
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By William Emmanuel Ukpoju The Nigerian National Petroleum Corporation (NNPC) Retail Limited has taken a significant step towards promoting the adoption of Compressed Natural Gas (CNG) as a cleaner and more affordable fuel…
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This has astronomically pushed up the price of petrol per litre to around N1,030. The World Bank recently urged Nigeria to maintain its policy on removal of fuel subsidies and not reverse its current reforms. It argues that the…
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