News

Nigeria and other sub-Saharan African countries would soon heave a sigh of relief from the importation of petroleum products, with the imminent completion of the 650,000 barrels-per-day (bpd) Dangote Refinery at Ibeju-Lekki area of…
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The Nigerian government on Thursday alleged that former President Goodluck Jonathan and other officials who worked in his government possibly hid or failed to document fraudulent payments made in the controversial Malabu oil scandal. …
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The new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, on Thursday, said President Muhammadu Buhari has never interfered in the affairs of the corporation since he became president in 2015. …
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-By Saidu Abubakar Two sensitive aspects of the Oil and Gas Industry have been identified as areas yet to receive the deserved attention by the administration of Muhammadu Buhari, Alhaji Musa Bashir, Publisher/Editor-in-Chief of the…
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The Valuechain Magazine, an Oil and Gas monthly publication, Wednesday at the prestigious Fraser Suites in Abuja, celebrated its one year anniversary, with presentation of awards and launching of the Valuechain Sickle Cell Foundation as…
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The dearth of new investments in the oil sector has resulted in the degradation of infrastructure, causing frequent breakdowns, a report has revealed. CSL Stockbrokers Limited, a research and financial advisory firm, stated this in its…
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The Federal Government has commenced Environmental Impact Assessment for the proposed Edo Modular Refinery being developed by Edo Refinery and Petrochemicals Company Limited, a firm floated by the Godwin Obaseki-led Edo State Government to…
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The National Oil Spill Detection and Response Agency on Tuesday declared that crude oil theft in Nigeria could only be stopped through the application of stringent measures such as the marking of crude oil produced in Nigeria. NOSDRA…
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The Special Presidential Investigation Panel for the Recovery of Public Property says an oil giant, Mobil Producing Nigeria Unlimited (ExxonMobil), is indebted to the Federal Government to the tune of $1.6bn, The PUNCH reported. The…
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The Depot and Petroleum Products Marketers Association (DAPPMA), yesterday faulted the claims of the out-going Chief Operating Officer, Downstream of the Nigerian National Petroleum Corporation, Mr. Henry Ikem-Obih, that its members…
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