News

The Federal Executive Council (FEC), has approved a memorandum from the Minister of State (Petroleum), Ibe Kachikwu, for the design of a new head office for the Department of Petroleum Resources (DPR). The design for the proposed…
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The Nigerian National Petroleum Corporation, NNPC, yesterday, said it has been conferred with the highest discloser status by the global extractive industries watchdog, Extractive Industries Transparency Initiative, EITI. The NNPC, in a…
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The Department of Petroleum Resources (DPR), says it will continue to clamp down on illegal Liquefied Petroleum Gas (LPG) Skid and stand alone operators. This, it said, was to ensure safe handling of cooking gas in the country. Mr…
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The Nigerian National Petroleum Corporation (NNPC) has again announced plans to revamp the nation’s four refineries to help the country save billions of dollars it expends annually on fuel imports. To this end, the corporation has…
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By Yange Ikyaa The U.S. Trade and Development Agency has commended the management of Eko Petrochemical and Refining Company Ltd. for the level of work done so far,assuring of its continuous and total support. Mr. Thomas…
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The Nigerian National Petroleum Corporation (NNPC) refineries rehabilitation programme is to commence with the 210,000 barrels per day capacity Port Harcourt Refinery complex. This is coming after several proposals by the corporation to…
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Ernest Azudialu-Obiejesi, Chairman and Chief Executive of the Obijackson Group, parent of Nestoil Ltd, says that mechanical completion of the Oben Obiafu-Obrikom pipeline, a part of which the company is constructing, will be done by the…
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An increase in the number of new refining capacity, expected to extend till the end of 2024, signifies major competition ahead for the oil industry, with possible shutdowns, the International Energy Agency (IEA), said in its Oil 2019…
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The Managing Director, Nigerian Pipelines Storage company (NPSC), Luke Anele, has said the agency is deploying new technologies to monitor activities in oil pipelines across the country. Mr Anele made the disclosure in an interview with…
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Dangote Petroleum Refinery & Petrochemicals Company yesterday flagged off a vocational training scheme that will inculcate necessary skills in the young men and women from the Ibeju-Lekki area of its operation to make them marketable. …
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