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Industry
Senate queries PPPRA for failing to recover N1.6bn overpaid to oil marketers
...Senate Public Accounts Committee, which relied on the report of the Auditor-General of the Federation, has asked PPPRA to recover the money within 6 months
An audit of the accounts of the Petroleum Products Pricing Regulatory!-->!-->!-->!-->!-->…
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Dangote Refinery completion shifts to 2025
*Date shifted 8 times
Nigeria may not attain its expected petrol sufficiency soonest, as experts have put completion and commencement of operations of the Dangote refinery to 2025.
Commencement of operations of the 650,000!-->!-->!-->!-->!-->!-->!-->!-->!-->…
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Oil: Oza-1 Oil Field to Boost Export Potentials
By Teddy Nwanunobi
Decklar Resources Inc. has offered updated information to operations at the Oza-1 well re-entry at the Oza Oil Field, being performed by the company’s wholly owned Nigeria-based subsidiary, Decklar Petroleum!-->!-->!-->!-->!-->…
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DPR Warns Against Importation of LPG
By Teddy Nwanunobi
The Department of Petroleum Resources, DPR, has cautioned that granting import licenses for Liquified Petroleum Gas (LPG), also called cooking gas, will grind down the expected growth in the gas sector.
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Oil: Measurement Infrastructure Gap Key to Huge Revenue Loss – CISLAC
By Teddy Nwanunobi
The Civil Society Legislative Advocacy Centre (CISLAC) has observed that inadequacy in hydrocarbon measurement infrastructure and oil theft are the reasons behind Nigeria’s inability to fully account for and!-->!-->!-->!-->!-->…
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Gas: NGTNC Attracts Over $500m for Nigeria – DPR
By Teddy Nwanunobi
The Department of Petroleum Resources (DPR) has disclosed that the Nigerian Gas Transportation Network Code (NGTNC) introduced last year to guide open access transportation of natural gas has already attracted!-->!-->!-->!-->!-->…
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Shell Agrees €95mn Payment Over 1970 Nigeria Spills
Oil giant Shell has agreed to pay around 95 million euros to communities in southern Nigeria over crude spills in 1970, the company and the community's lawyer said on Wednesday.
The decision is the latest involving OPEC-member!-->!-->!-->!-->!-->…
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Behold: Newly redeployed NNPC top management officials
The Management of the Nigerian National Petroleum Corporation (NNPC) had on Monday, 9 August, announced the promotion and redeployment of some staff to fill key vacant positions in the corporation.
It stated that the!-->!-->!-->!-->!-->…
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NCDMB wraps up workshops on community content guidelines
The Nigerian Content Development and Monitoring Board (NCDMB) recently conducted one-day workshops on the Community Content Guidelines (CCG) for contractors, youths and host communities in Port Harcourt, Rivers State; Benin, Edo State;!-->!-->!-->…
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Oil & Gas Shareholders Gain N187bn In 7 Months
Investors in oil and gas firms listed on the main and premium boards of the nation’s equities market recorded about N187.446 billion gain during the first seven months of year 2021.
Checks by New Telegraph revealed that the oil and!-->!-->!-->!-->!-->…
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