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Industry
7 major marketers secure approval to sell Dangote fuel to Nigerians, others
Seven major oil marketers have enrolled with the Dangote Petroleum Refinery to purchase and distribute refined petroleum products from the refinery.
The marketers under the aegis of the Major Oil Marketers Association of Nigeria!-->!-->!-->!-->!-->…
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FG Receives $2.25bn From NNPC’s $3.3bn Oil-For-Cash Loan Facility
The African Export-Import Bank (Afreximbank) and the United Bank for Africa (UBA) have successfully disbursed $2.25 billion as part of the $3.3 billion oil-for-cash loan facility, facilitated by the Nigerian National Petroleum Company!-->!-->!-->…
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Captain Of Arrested Vessel Names Collaborator In Alleged Illegal Bunkering Activity
The Captain of MT Kali, a vessel arrested in Bayelsa State by the combined team of Nigeria Security and Civil Defence Corps (NSCDC) and a private pipeline surveillance security outfit, Tantita Security Services Nigeria Limited (TSSNL)!-->!-->!-->…
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Tantita Impounds Vessel Illegally Lifting Crude Oil in Bayelsa
Tantita Security Services Limited (TSSL), a pipeline surveillance firm owned by an ex-agitator, Mr. Government Ekpemupolo, otherwise known as Tompolo, has announced the impounding of a vessel, MT Kali, laden with unquantified barrels!-->!-->!-->…
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Outgoing French Ambassador Cites Nigeria’s Oil Contract Challenges as Factor Pushing European…
In a notable diplomatic revelation, the outgoing French Ambassador has pointed to Nigeria’s challenges in fulfilling oil contracts as a significant factor leading to a distancing of European countries. The ambassador, in a candid!-->!-->!-->…
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NIPCO invests N100bn to boost auto gas in Nigeria
*Propane AutoGas refueling option.
The Nigerian Independent Petroleum Company, NIPCO, has invested over N100 billion in the gas sector to deepen the utilisation of Compressed Natural Gas, CNG, otherwise known as auto-gas in Nigeria in!-->!-->!-->…
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TotalEnergies visits NCDMB, reconfirms FID for Ubeta project in 2024
Hopes of new projects that would revitalize the Nigerian oil and gas industry and grow local content appear close to realization as the Managing Director and Country Chair TotalEnergies E&P Nigeria Limited, Mr. Matthieu Bouyer!-->!-->!-->…
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‘Stop The Attack, Kyari, NNPC Ltd Did No Wrong With $3bn Afreximbank Deal’
NNPC Group Chief Executive Officer, Mele Kyari
For the umpteenth time, the Nigerian National Petroleum Company Limited and its Group Chief Executive Officer, Mele Kyari have come under another attack through an article written by one!-->!-->!-->…
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Task Before Petroleum Industry On Road to Net Zero
Fatih Birol
By Yange Ikyaa
Oil and gas producers will now have to choose between adding to a growing climate crisis or finding ways to proffer solutions to the problem through cleaner approaches to energy generation and utilization.!-->!-->!-->!-->!-->…
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How Russia, Israel Wars Affect Business in Nigeria — Dr. Enang
Dr. Wisdom Patrick Enang
An Adjunct Professor of the North Dakota University, USA, Engr. Dr. Wisdom Patrick Enang, says that the Russian/Ukraine and Israel/Palestine hostilities have taken a huge toll on the Nigerian people and economy!-->!-->!-->…
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