Industry

The Department of Petroleum Resources (DPR), in a low key ceremony, rently honoured members of its staff who attained 10 years of meritorious service to the Department. The Director/CEO Engr. Sarki Auwalu MNSE represented by Assistant…
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Oil marketers under the aegis of the Major Oil Marketers Association of Nigeria have said access to the dollar at N306 will enable them to resume importation of Premium Motor Spirit (petrol). The marketers also said there was an urgent…
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For 20 years, the Nigeria Oil & Gas Conference & Exhibition has provided a platform for Presidents, Ministers, Heads of Government Agencies and CEOs to discuss plans for policy, upcoming projects and solutions to current challenges…
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The world’s largest crude distillation column equipment designed for crude oil processing for Dangote Refinery yesterday arrived in Lagos. The equipment is the largest in terms of distilling capacity which is 650,000 barrels per stream…
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Data and Analytics Company, Global data has stated that Nigeria is set to lead refining capacity additions from planned and announced (new-build) projects in Africa by 2024. The company’s report, ‘Global Refining Industry Outlook 2020…
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-By Gideon Osaka Amidst calls by stakeholders and Nigerians to fix Nigeria’s ailing refineries for optimum productivity, the Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari has pledged the…
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-By Gideon Osaka Global oil demand is expected to drop this quarter for the first time in over a decade as the coronavirus batters China’s economy, the International Energy Agency, IEA has said. It explained that given the…
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-By Gideon Osaka Nigeria’s effort to ensure local sufficiency in refined petroleum products has been severally affected by the inability of the country’s refineries to work at full capacity. Statistics indicates that Nigeria…
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-By Benjamin Ike Unless immediate moves are undertaken to address the imbalance between the actual landing cost and retail pump price of fuel across the country, Nigeria’s financial crises may ultimately take a turn for the worse in…
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…As NASS plans to amend NOGIC Act -By Gideon Osaka The local content policy of the Federal Government may not achieve the expected results if the issue of capacity utilisation is not urgently addressed, oil industry stakeholders…
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