Industry

Close partnership and collaboration among African oil and gas producing countries are some of the strategies that would enable sustainable development of Africa’s oil industry, according to discussants at the Africa Content Forum, a…
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The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, on Tuesday acknowledged the advanced capabilities and proven track record of a leading indigenous service company,…
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The Chief Executive Officer of CFG Advisory, Tilewa Adebajo has stated that Nigeria was not yet in a debt crisis despite concerns over rising borrowings. Adebajo, however, warned that urgent fiscal reforms were necessary to ensure…
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Dangote Petroleum Refinery has said that the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) demanded an annual subsidy of N1.505 trillion to enable members to match the refinery’s gantry prices at their own…
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According to an interview by TVC News, Africa’s richest man and industrialist, Aliko Dangote, has raised alarm over sharp practices in Nigeria’s petroleum importation system, revealing that many fuel-importing vessels often fail to…
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Ndume made this statement on Wednesday amid the cold war between Dangote Refinery, NUPENG, DAPPMAN and other stakeholders. Nigerian Senator and former Senate leader Ali Ndume has lashed out at the Union of Petroleum and Natural Gas…
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•Advocates market-based stabilisers, united drive to woo investors The Central Bank of Nigeria (CB) has cautioned that the country remains vulnerable to inflationary and financial risks despite recent signs of easing price…
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The first cargo of Nigerian gasoline produced at the Dangote Refinery has reportedly arrived at its destination in the United States. Reuters, citing unnamed sources in the know and ship-tracking data, said the gasoline cargo was…
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Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, The Association of Energy Correspondents of Nigeria (NAEC) has announced that top government officials, regulators, and operators across Nigeria’s energy…
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Nigeria’s crude oil exports are set to edge lower in October, as the country’s loading programme for 17 crude and condensate grades indicates combined shipments of 1.44 million barrels per day (bpd), down slightly from 1.47 million bpd…
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