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Industry
Declare state of emergency on refineries, PETROAN tells Tinubu
*Port Harcourt Refinery
The Petroleum Products Retail Outlets Owners Association of Nigerian, PETROAN, has called on the Federal Government to declare a state of emergency on the nation’s oil and gas sector, particularly the four!-->!-->!-->…
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NCDMB Proposes Strategies for Sustainable Local Content Practice in Africa
Adaobi Rhema Oguejiofor
The Nigerian Content Development and Monitoring Board (NCDMB), on the heels of the remarkable discovery and exploration of petroleum resources across several countries in Africa, has proposed strategies that!-->!-->!-->!-->!-->…
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PENGASSAN pickets Shell over fuel subsidy palliatives
*The demonstrating PENGASSAN staff
The workers are demanding for a better welfare package for all direct staff, contract staff, sub-contract staff and service providers for all Shell Companies in Nigeria, SCiN following the prevailing!-->!-->!-->…
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Nigeria earned $741.48bn from Oil & Gas in 21 years – NEITI
The Nigeria Extractives Industries Transparency Initiative says the country earned $741.48 billion from the oil and gas sector between 1999 and 2020.
Dr Ogbonnaya Orji, the Executive Director of NEITI, disclosed this on Wednesday!-->!-->!-->!-->!-->…
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‘It’ll be dramatic for marketers to believe petrol prices won’t increase’
The Petroleum Product Retail Outlet Owners Association of Nigeria (PETROAN) has said the statement credited to the Nigeria National Petroleum Company Limited (NNPCL) that there is no plan to increase petrol prices despite the fall of!-->!-->!-->…
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NCDMB, ACAN Conclude Workshop on Zero-Tolerance for Corruption
By Moses Patience Chat
The Nigerian Content Development and Monitoring Board (NCDMB) and the Anti-Corruption Agency of Nigeria (ACAN) recently concluded a three-day sensitisation workshop on “Achieving Zero-tolerance for!-->!-->!-->!-->!-->…
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Fanot Concludes Plans to Establish Refinery in Edo State.
By Moses Patience Chat
The Managing Director (MD) of Fanot Oil and Gas Company, Engr. Felix Aruya , has announced the Company's plan to build another refinery in Edo State, adding that the project would commence as soon as!-->!-->!-->!-->!-->…
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Charging Facility, Skill Crucial for EVs Adoption- US Secretary
Adaobi Rhema Oguejiofor
The United States Undersecretary of Commerce for International Trade, Marisa Lago, has said that Nigeria needs charging infrastructures in order to facilitate the adoption of electric vehicles (EVs).
Lago,!-->!-->!-->!-->!-->!-->!-->…
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NEITI to Provide Data on Nigeria’s Real Petrol Consumption
Adaobi Rhema Oguejiofor
The Nigerian Extractive Industries Transparency Initiative (NEITI) has said that it is set to provide data on the actual volume of petrol consumption in the country, stating that it will start providing!-->!-->!-->!-->!-->…
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BREAKING: NNPCL secures $3bn emergency crude repayment facility to boost Naira
In what appears like a boost for the naira, the Nigerian National Petroleum Company (NNPC) Limited and the African Export-Import Bank (Afreximbank) have jointly signed a commitment letter and Termsheet for an emergency $ 3 billion!-->!-->!-->…
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