Industry

Gbenga Komolafe, The Centre for Energy Governance and Accountability (CEGA) has commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for securing federal government approval of 37 new crude oil evacuation routes as…
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Dangote Petroleum Refinery has invested over N720 billion to implement its landmark initiative of deploying 4,000 Compressed Natural Gas (CNG)-powered trucks for the nationwide distribution of petroleum products, which is expected to…
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The House of Representatives Committee on Petroleum Resources (Downstream) has resolved to propose an amendment to Petroleum Industry Act ( PIA) to strengthen the downstream sector. Chairman of the Committee, Ikeagwuonu Ugochinyere,…
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The House of Representatives Committee on Petroleum Resources (Downstream) has reopened its investigation into the Nigerian National Petroleum Company Limited’s (NNPC) acquisition of OVH Energy Marketing’s downstream assets and…
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Renowned development economist, Professor Ken Ife, has alleged that the Nigerian National Petroleum Company (NNPC) Limited is withholding a significant portion of fuel subsidy savings meant for the federal government, revealing that…
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The House of Representatives Joint Committees on Public Accounts and Public Assets have threatened to issue an arrest warrant for the Governor of the Central Bank of Nigeria (CBN), Olayemi Michael Cardoso.The move follows his continued…
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Dangote Refinery The nameplate capacity of the Dangote Petrochemical Refinery is projected to reach 700,000 barrels per day by December 2025, marking a major milestone in Nigeria’s refining capacity, a new report by Argus Media has…
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Alhassan Ado Doguwa Stakeholders in the oil and gas industry have raised diverse concerns over the proposed establishment of a new regulatory agency to be solely dedicated to decommissioning and abandonment of oil production facilities…
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The International Monetary Fund (IMF) data shows that several African countries have taken on large loans from the Fund. While these credits help nations weather economic shocks, heavy IMF debt also brings strict conditions and…
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NNPCL GCEO, Mr. Bashir Bayo Ojulari The Group Chief Executive Officer of Nigerian National Petroleum Company Ltd. (NNPC), Bayo Ojulari has assured of the speedy delivery of the Ajaokuta–Kaduna–Kano (AKK) Natural Gas Pipeline project,…
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