Industry

Despite recent reductions in petrol prices by Dangote Refinery and the Nigerian National Petroleum Company Limited (NNPC), road transport operators across Nigeria have ruled out lowering transport fares. The transporters argue that the…
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Dangote Refinery has again, reduced the cost of fuel. This latest price drop comes after fuel landing cost dropped to N774.82 per litre, below Dangote Refinery’s N825 ex-depot prices. However, unlike in the price drop on February…
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3rd from left: Managing Director, African Refinery Port Harcourt Limited, Mr. Tosin Adebajo; Executive Secretary NCDMB, Engr. Felix Omatsola Ogbe; Director Legal Services, NCDMB, Mr. Naboth Onyesoh, Esq; Director Finance and Personnel…
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L-R: Obisike Ubendu AGM Technical Shoreline Natural Resources Ltd (SNRL); Tunde Nwofor, CFO SNRL; Ado Oseragbaje, CEO Heritage Energy Operational Services Ltd (HEOSL) ; Felix Ogbe, Executive Secretary, Nigerian Content Development &…
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The Nigeria National Petroleum Company Limited (NNPC) has clarified the end of the Naira-for-Crude arrangement with local refineries, disclosing that it supplied the Dangote refinery with 84 million barrels of crude oil since it began…
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The Nigerian oil and gas sector stands as one of the most significant contributors to the nation’s economy, yet it is mired in challenges surrounding transparency, accountability, and governance. For decades, the industry has been…
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By Fred OjiegbeIn recent years, Nigeria has witnessed an alarming number of petrol tanker accidents that have not only claimed lives but have also disrupted communities and strained the nation’s resources. Against this background, the…
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By Ese UfuomaNigeria’s oil and gas industry faces an escalating skills shortage that threatens the nation’s standing as one of Africa’s leading crude producers. The departure of international oil companies (IOCs) from onshore and…
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By Danlami Nasir IsahStakeholders in the energy sector have raised concerns over the seeming nonchalant attitude of the federal government towards the Nigeria International Energy Summit (NIES), an annual energy event hosted in Abuja…
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By William Emmanuel UkpojuThe Nigerian petroleum sector, a vital engine of the nation’s economy, has come under renewed scrutiny following reports of non-remittance of $1.6 billion in royalties by the Nigerian National Petroleum…
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