Industry

…Asks FG to create platform to engage illegal refiners The Federal Government has been asked to create a platform with which to engage with the mini, illegal, refiners with a view to mainstreaming them into the formal processes of crude…
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Nigeria’s annual in-country retention from oil and gas spendings currently stands at $6 billion. The development has been described as a major achievement recorded by the country owing to the implementation of the Nigeria Oil and Gas…
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Platform Petroleum has become a gas supplier of some reckoning in the Nigerian domestic gas market. The marginal field operator currently supplies 22Million standard cubic feet of gas per day (22MMscf/d) to a pipeline operated by the…
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Economic activities at Twon Brass, hosts to Agip’s Oil Export Terminal in Bayelsa have remained grounded as residents continued to occupy the premises of the oil firm even after power supply had been partially restored to the community. …
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…Opening Ceremony, Dinner To Hold At State House Banquet Hall The Federal Ministry of Petroleum Resources has reiterated that the Nigeria International Petroleum Summit (NIPS) will hold as scheduled, from June 6 to June 10, 2021…
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Members of the House of Representatives in an investigative hearing disagreed with the management of Addax Petroleum over the transfer of ownership of its assets to a Chinese company, SINOPEC, without the consent of the Ministry of…
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The Nigerian National Petroleum Corporation, NNPC, has launched a bidding process for the provision of operations and maintenance (O&M) services at three petroleum refineries in Nigeria. The select refineries are Port Harcourt…
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...Signs MoU to drive sustainable community development in Rivers State The Nigeria LNG Limited (NLNG) has commissioned its ultra-modern and smart Corporate Head Office ( Complex in Port Harcourt, Rivers State. The Head Office was…
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By Teddy Nwanunobi (with agency report) The Department of Petroleum Resources (DPR) has urged Africa to rise to the challenge of harnessing its oil and gas reserves for the development of the continent. “Indeed, for a better and…
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By Teddy Nwanunobi The Department of Petroleum Resources (DPR) rescued Nigeria from a financial crisis in April by remitting funds to the Federation Account Allocation Committee (FAAC), the Minister of State for Petroleum Resources,…
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