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Industry
NUPRC Amplifies its Well Audit Process, To Increase Nigerian Crude Production
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is targeting a ramp up of the country’s crude oil output through its routine, technical process engagement with oil producing companies.
Shut in wells are interrogated,!-->!-->!-->!-->!-->…
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NCDMB Lauds Temile/Hyundai Deal to Build New LPG Vessel
The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday congratulated an indigenous shipping company, Temile Development Company on the contract signing agreement with Hyundai Mipo Dockyard (HMD) for the construction!-->!-->!-->…
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Illegal Bunkering: Navy Recovers N15bn Worth of Petroleum Products in Niger Delta
The Nigerian Navy says it has recovered stolen petroleum products worth N15 billion and deactivated 172 illegal refining sites in the Niger Delta region within the last seven weeks.
No fewer than 45 suspects have been arrested in!-->!-->!-->!-->!-->…
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Stakeholders Chart Policies for Midstream, Downstream Sectors
Participants at the just concluded Nigerian Content Midstream and Downstream Oil and Gas Summit organized by the Nigerian Content Development and Monitoring Board (NCDMB) have beckoned on the Central Bank of Nigeria (CBN) to create a!-->!-->!-->…
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NCDMB: Midstream-Downstream Oil & Gas Summit 2022 Ends in Lagos
By Niyi Onifade
Curtains for the Two-Day NCDMB-organized Nigerian Content Midstream-Downstream Oil and Gas Summit 2022 have fallen Tuesday at the Lagos Continental Hotel, Victoria Island with the Executive Secretary of the Board,!-->!-->!-->!-->!-->…
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Nigeria Imports Refined Petroleum Products Worth $28bn Yearly, Says Energy Consultant
The cost of importing petroleum products of all kinds into Nigeria has soared to over $28 billion on an annual basis, Blackgold Energy Authorities, an oil and gas consulting and advisory firm, has revealed.
The Principal Consultant,!-->!-->!-->!-->!-->…
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NNPC, Sahara Take Delivery of Two Multi-Million Dollars LPG Vessels in South Korean Shipyard
The Nigerian National Petroleum Company Limited (NNPC) Limited and its Joint Venture (JV) partner, Sahara Group, yesterday took delivery of two 23,000 CBM Liquefied Petroleum Gas (LPG) vessels at the Hyundai MIPO Shipyard in Ulsan,!-->!-->!-->…
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NMDPRA, IPPG Agree On Midstream Oil Sector Development
L-R: Engr. Farouk Ahmed, Chief Executive, NMDPRA & Mr. Abdulrazaq Isa, Chairman, IPPG & Waltersmith Group, during a courtesy visit by a delegation of Independent Petroleum Producers Group (IPPG) to the office of Nigerian Midstream!-->…
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Nigerian Content Midstream-Downstream Oil & Gas Summit 2022 Opens in Lagos
By Niyi Onifade
The Two-day Nigerian Content Midstream-Downstream Oil & Gas Summit 2022 has opened today at the Lagos Continental Hotel, Victoria Island in Lagos.
Speaking at the opening, the Honourable Minister of State for!-->!-->!-->!-->!-->!-->!-->…
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US: Gasoline Price Records Mount
Gasoline prices in the US have hit fresh peaks for the past 10 days, the longest run of consecutive records just as travel is expected to approach levels seen before the pandemic, according to auto club AAA.
The record rally has!-->!-->!-->!-->!-->…
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