Industry

Ahmed of NMDPRA (left) and Kyari of NNPC ****************************************** The unending confusion in the House of Representatives over the NNPC probe on endemic corruption in oil sector has continued to spark reaction from…
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Our attention has been drawn to media reports alleging that the Dangote Refinery has backtracked by acknowledging that NNPC supplied about 60% of the 50 million barrels we lifted. To clarify, we have never accused NNPC of not…
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NNPC Towers The Nigerian National Petroleum Company Limited has demanded a refund of N4.71tn from the Federal Government to settle outstanding debts used to import Premium Motor Spirit, popularly called petrol, into the country. …
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Despite serious measures put in place by present administration to curb petroleum products smuggling, President Bola Tinubu has disclosed that the country spends N2tn monthly to import petrol and diesel. Tinubu’s submission also…
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...Hails NCDMB’s strides in Local Content Development Minister of State for Petroleum Resources (Gas), Hon Ekperikpe Ekpo with the Executive Secretary of Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola…
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The Warri Refinery workers, who have been on the job since 2022, are demanding better pay, benefits, and job security Support staff of the Warri Refinery and Petrochemical Company Limited (WRPCL) have announced plans to resume their…
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The high command of the Renewed Niger Delta Avengers (RENDA) has issued a dire warning to the Nigerian government and multinational oil companies operating in the Niger Delta region. In a press statement titled “HAPPY DOOMED DAYS…
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Sola Adebawo By Patience Chat Moses The issue of transportation in the oil and gas sector has continued to be a major challenge hindering the sectors progress . According to the General Manager (GM) of Heritage Energy, Sola…
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Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, has disclosed that Nigeria spends $600 million each month on fuel imports. He said that this significant expenditure is partly because neighbouring…
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Managing Director and Chief Executive Officer of Aradel Holdings PLC, Gbite Falade has disclosed plans of the company to list on the Nigerian Exchange’s main board before the end of the current quarter in September. The Aradel MD…
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