Industry

The Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kolo Kyari, has stated that despite the attendant economic challenges, the removal of fuel subsidy has thus far liberated the…
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Energy giant Shell has committed to divesting its onshore oil and gas assets in Nigeria for $2.4 billion, indicating a strategic move away from onshore oil production. A consortium, led by the Nigerian independent energy firm…
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For the month of December, Nigeria’s average daily crude oil production reached 1.418 million barrels from the 1.31 million barrels recorded in the month of November. This represents an increase of 100 tb/d from what was recorded in…
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The recent uptick in Bonny Light oil prices to $79.08 per barrel, up from $76 per barrel over the weekend, brings a sense of optimism for the successful implementation of Nigeria’s 2024 budget. This surpasses the budget benchmark price…
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*Recovers 1.9m Barrels Of Crude Oil, 170 Million Liters Of Diesel, 650,000 Liters Of PMS From Crude Oil Thieves From 2021 till date, the Command and Control Centre of the Nigerian National Petroleum Company Limited has assisted in…
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Eterna Plc; a leading integrated energy provider in the country, has announced a major milestone in the energy industry as an official domestic sales distributor of Dangote Petroleum Refinery products in Nigeria. This appointment…
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On Monday, the Nigerian Naira traded higher after Africa Export-Import Bank (AfreximBank) syndicated foreign currency (FCY) loans backed by oil entered the economy months after they were initially announced. The naira recovered…
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The Nigerian National Petroleum Company Limited (NNPC) has announced its intention to hand over the operation and maintenance of the Port Harcourt Refinery to private operators. NNPC’s decision to involve private operators in the…
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The chief executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, will be among the guests expected at the eighth edition of the Sub-Saharan Africa International Petroleum Exhibition and…
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Port Harcourt Refinery Company Ltd Nigeria’s energy giant, the Nigerian National Petroleum Company Ltd has open entry that will enable it to select a credible Operations & Maintenance (O&M) company to operate and maintain one of…
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