Industry

The newly inaugurated Minister of State (Gas), Petroleum Resources, Ekperikpe Ekpo, has charged members of the ministry to see to the actualisation of gas as a sustainable alternative to gasoline. Ekpo detailed the ministry’s agenda…
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Fuel pump prices in Nigeria could see a reduction if global crude prices keep tumbling. This week, global crude prices have seen a reduction as the market reacts to weakening economic data out of China. It has been said that when…
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Adaobi Rhema Oguejiofor The Nigerian Content Development and Monitoring Board (NCDMB), in collaboration with the Founder Institute (FI), the world's largest and most proven pre-seed startup accelerator, is set to launch 17 new…
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"...More refineries would not lead to lower fuel prices in Nigeria" The Senior Special Assistant to President Bola Tinubu on Public Affairs, Ajuri Ngelale, has said that Nigeria spends about $10 billion a year on foreign exchange…
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NNPCL was supposed to focus on energy security while the CBN focuses on financial security The Independent Petroleum Marketers Association criticized NNPC for obtaining a $3B loan for Naira stabilization, alleging misuse of power …
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President Bola Tinubu has given his approval for the establishment of the Presidential Compressed Natural Gas Initiative (PCNGI) to mitigate the impact of fuel subsidy removal on Nigerians by reducing energy expenses. This…
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By Saidu Abubakar On the heels of remarkable discovery and exploration of oil and gas resources across several countries in Africa, the Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday proffered strategies that…
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*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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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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*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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