Industry

Oil giant Shell (SHELL) has confirmed that a fire near its Gbaran Ubie gas facility in Nigeria’s Bayelsa state, which started on Tuesday, has been extinguished. “We are pleased to report that the fire outside our Gbaran Central…
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Managing Director and Chief Executive Officer (CEO) of UTM Offshore Ltd, owners of Nigeria’s first indigenous Floating Liquified Natural Gas (FLNG), Dr. Julius Rone, has been crowned in Paris as the award winner of Invest in Africa…
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Dangote refinery in Lagos reportedly plans to purchase at least 24 million barrels of US crude oil over the next year as it increases its processing capabilities. The $20 billion refinery, established by Africa s richest man…
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Seplat Energy Plc has announced the commissioning of the ANOH gas processing plant by the President of the Federal Republic of Nigeria, His Excellency Bola Ahmed Tinubu GCFR on 15th May 2024. The ANOH Gas Processing Company (AGPC),…
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The commission said the 2024 block licensing round would last for approximately nine months The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), on Tuesday, announced the commencement of the 2024 oil block licensing round.…
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By William Emmanuel Ukpoju In a significant development, the Nigerian government has secured presidential backing for the marketing of oil blocks, a move aimed at revitalizing the country's oil and gas industry and attracting…
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By Saidu Abubakar Shell Nigeria Exploration and Production Company Ltd (SNEPCo) produced more oil at Bonga last year than the previous one, a review of operations has shown. Nigeria’s first deep-water development produced some…
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Nigeria crude oil production drops ...As Bonga adds 138,000 barrels Nigeria last month produced 1.281 million barrels per day of crude oil, as the country’s output edged slightly against the 1.231 million output in March. Monthly…
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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) is urging oil marketers to integrate Compressed Natural Gas (CNG) points into their filling stations, aiming to enhance accessibility for consumers. Engr.…
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The Nigerian Midstream and Downstream Petroleum Regulatory Authority has agreed to clear the outstanding N200 billion bridging claims to petroleum products marketers as a way of resolving the crisis which has led to fuel scarcity in…
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