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Industry
NNPC Applauds President Buhari’s Choice of New NEITI’s CEO
…Congratulates Dr. Orji on Appointment
The Nigeria National Petroleum Corporation (NNPC) has welcomed with delight the news of the appointment of Dr. Orji Ogbonnaya Orji as the Executive Secretary of Nigeria Extractive Industries!-->!-->!-->…
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Court blocks Shell’s accounts in 20 banks over alleged oil theft
A Federal High Court sitting in Lagos has granted an interim Mareva injunction directing 20 commercial banks in the country to block Shell Petroleum Development Company of Nigeria Ltd, SPDC, accounts in a bid to recover the cash value of!-->…
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Nigeria’s NNPC on track to begin PH refinery rehabilitation in Q1 2021
State-owned Nigerian National Petroleum Corp. has concluded talks with lenders to raise $1 billion for the rehabilitation of the Port Harcourt refinery, industry sources disclosed Feb. 17.
The NNPC is now on track to undertake the!-->!-->!-->…
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$2.7bn Oil Theft: Court Blocks Shell’s Accounts as Feud with AITEO Worsens
Legal fireworks between Shell Petroleum Development Company of Nigeria Ltd and Aiteo Eastern E & P Company Ltd over allegation of 16 million barrels of crude oil diversion begin
A Nigerian Court has granted an interim mareva!-->!-->!-->…
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Petrogress partners B&Crew Anchor to lift 600,000 bbls monthly petroleum products for Dangote…
Petrogress, Inc. (OTC PINK: PGAS) (“Petrogress” or the “Company”), a fully integrated oil commodity business that primarily serves West Africa and Mediterranean, has announced that its wholly owned subsidiary, Petronav Carriers LLC.!-->…
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Ogbele Refinery in Nigeria to produce first petrol product from Q2 2021
The Nigerian independent, Niger Delta E&P, is anticipating the first flow of gasoline from its 11,000 Barrels of Oil Per Day (BOPD) refinery on the Ogbele field, in Rivers State, in the east of the country.
The three-train modular!-->!-->!-->…
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Total’s Ikike project to hit first oil Q4 this year
*NCDMB tasks IOCs on new projects in
The Managing Director of Total E&P, Mr. Mike Sangster, has disclosed that the company’s $500 million Ikike project will see first oil before the end of this year.
Sangster revealed this during!-->!-->!-->!-->!-->…
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NLNG’s Train-7: Police sets up tactical team for security
*As DSP Omo-Agege engages host communities
The Nigerian Police Force has set up a tactical team for crisis management and security in Bonny, following the planned commencement of the construction of the seventh gas processing plant of!-->!-->!-->…
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Products from Dangote Refinery to hit the market by early 2022 – Director
Dangote Group says petroleum products from its 650,000 per day refinery will hit the market by early 2022 against the previous 2021 fourth-quarter target.
Devakumar Edwin, executive director of capital projects and portfolio management!-->!-->!-->…
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Emulate Total’s Commitment To Investment In Nigeria, NCDMB Boss Charges IOCs
Executive secretary of Nigerian Content Development and Monitoring Board (NCDMB), Engr Simbi Wabote, has charged International Oil Companies (IOCs) operating in the country to emulate Total Exploration and Production Company (Total!-->…
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