News

The combined yield efficiency of Nigeria’s refineries has crashed to zero, the latest report on the performance of the facilities has shown. Nigeria’s refineries are the Warri Refining and Petrochemical Company, Kaduna Refining and…
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Tiger Woods won the Zozo Championship by three strokes on Monday, matching Sam Snead’s record of 82 PGA Tour victories before saying he hoped to be playing at the highest level at the same ripe old age as the man whose mark he now…
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Ajuri Ngelale, Senior Special Assistant to President Muhammadu Buhari on Public Affairs, says gas is the new oil and future of Nigeria. Mr Ngelale said this in an interview with News Agency of Nigeria (NAN) in Abuja, while speaking on…
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In an ever-dynamic world that witnesses disruptions almost every time, the Nigerian National Petroleum Corporation (NNPC) has promised to be a beacon of hope and creativity in Africa’s Oil and gas landscape. The Details: To be able to…
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The approximately $2.4 million deal for transportation of crude oil from terminals to refineries through vessels have finally hit the rocks. The Nigerian National Petroleum Corporation (NNPC), it would be recalled, resorted to marine…
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A Nigerian firm, Buserve Limited, has announced plans to introduce hydrogen-powered generators into the country to enable businesses to reduce their electricity costs. The Chief Executive Officer, Buserve Limited, Mr Laitan Aderinto,…
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The Minister of State for Petroleum Resources, Timipre Sylva, during the weekend charged the Petroleum Training Institute (PTI) to synergize with oil companies to carry out extensive research on how the country can quickly boost it’s crude…
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The Group Executive Director, Strategy, Capital Projects and Portfolio Development, Dangote Petroleum Refinery, Mr Edwin Devakumar has disclosed that the refinery will kick-start in the first quarter in 2021. Speaking at the…
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Nigerian National Petroleum Corporation (NNPC) and Russia’s Lukeoil on Thursday in Sochi, Russia, signed an important Memorandum of Understanding (MoU), which will enable both countries’ oil giants, to elevate the commercial relationship…
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Eni started gas and condensate production from the Obiafu 41 discovery, Niger Delta, just 3 weeks after well completion. The discovery contains approximately 28 billion cubic meters of gas and 60 million barrels of condensate, and the…
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