Industry

From an undesirable position of importing LPG (cooking gas) cylinders, Nigeria is on course to become the world’s largest manufacturer of composite cylinders with the groundbreaking of Rungas ALFA plant performed on Friday by the Minister…
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Persistent policy advocacy mounted by investors in the Nigerian petroleum industry may have started earning the conviction of key government agencies on the need for adequate rewards for investments in the industry. The Nigerian…
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...Achieves first gas to Rite Foods factory Axxela Limited via its subsidiary Transit Gas Nigeria Limited (TGNL), and in partnership with the Nigerian Gas Marketing Company Limited (NGMC) a subsidiary of the Nigerian National Petroleum…
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-By Teddy Nwanunobi The Federal Government has requested from the 161 companies shortlisted as bid winners of the 57 marginal fields on offer in the country’s second marginal field bid round for the signature bonus. It added that it…
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*It was impossible to hide such magnitude of money anywhere --Ajiya The Nigerian National Petroleum Corporation (NNPC) and the Office of the Auditor-General for the Federation, on Tuesday, disagreed over non-remittance of …
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*PEF's main function is to ensure price uniformity of petroleum products via the reimbursement of marketers for trucking products to filling stations anywhere in Nigeria The Independent Petroleum Marketers Association of Nigeria (IPMAN)…
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A crude production flow station operated by Conoil Production at Ango field in Koluama, Southern Ijaw Local Government Area of Bayelsa, has been shut by the host community. The News Agency of Nigeria (NAN) reports that the oil workers…
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The Department of Petroleum Resources (DPR), Nigeria’s regulatory agency for the hydrocarbon industry, has distributed the third letter in the series of correspondences it has been sending to, apparently, the 161 companies selected as…
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The Department of Petroleum Resources (DPR) says it has reviewed five terms for gas development under the Production Sharing Contracts (PSC) in the Country. Mr Sarki Auwalu, the Chief Executive Officer, said this during a Public hearing…
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The Nigerian National Petroleum Corporation (NNPC) has called for a legislative framework with clear fiscal terms in order to tap the full potential of the gas resources in the nation’s deepwater acreages. The Group Managing Director of…
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