ENYO redefines fuels retailing in Nigeria
….Plans Rapid Acquisition of Stations
Enyo Retail and Supply Ltd.,an indigenous oil and gas and a customer-focused company, is redefining petroleum products marketing by pioneering a technology driven fuel retailing revolution in!-->!-->!-->!-->!-->…
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Nigeria loses billions of dollars to prolonged bid rounds
Billions of dollars have been lost due to government’s inability to conduct bid rounds for major and marginal oil fields, former co-founder and Executive Director, Pillar Oil Limited, Seye Fadahunsi, has said.
Fadahunsi could!-->!-->!-->!-->!-->…
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Omene: Nigeria Needs More Technology Skills to Boost Oil Production
The first Managing Director of the Niger Delta Development Commission (NDDC), Godwin Omene, has insisted that the Nigerian economy will continue to depend on oil production, provided the country invests more in technology skills!-->!-->!-->!-->!-->…
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‘Nigeria’s Downstream Sector Can Generate $5bn Revenue Annually’
Nigeria’s downstream sector of the petroleum industry generates $5billion revenue annually, the Chief Executive Officer of Enyo Retail and Supply Limited, Outlet, Abayomi Awobokun, has said.
Awobokun, who disclosed this at the!-->!-->!-->!-->!-->…
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Nigeria: Crude Oil Price Climbs on Aramco Refinery Repair
See how IG clients are positioned on the Dow, Crude oil and the US Dollar with our free IG Client Sentiment Data.
West Texas Intermediate (WTI) crude oil climbed over 1.8% on Wednesday as two supply headwinds unfolded in tandem.!-->!-->!-->!-->!-->…
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No More Tank Farm Licences, Residents In Lagos Insist
Operators promise better cooperation, commitmentDrivers blame government laxity on truck parks
Residents of Satellite Town under the aegis of Satellite Town Forum (STF), have called on operators of Tank Farms in the Ijegun Egba, and!-->!-->!-->…
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We won’t reduce petrol price -Bauchi IPMAN
Independent Petroleum Marketers Association of Nigeria, IPMAN, Bauchi branch has said it will not reduce pump price for Premium Motor Spirit (PMS), until it receives directive from the national body, from 145 naira to 140 naira per litre.
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BREAKING: Yobe Deputy Speaker Is Dead
The Deputy Speaker of Yobe State House of Assembly, Dr. Ibrahim Kurmi is dead. He died on Monday night, after a protracted illness at the Yobe State University Teaching Hospital in Damaturu, the Yobe State capital.
A family source!-->!-->!-->!-->!-->…
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Locally-trained welders adding value to refineries -WRPC, PHRC
Management of the Port Harcourt and Warri refineries have commended the Petroleum Technology Development Fund, PTDF, for its welders’ training programme, stating that the welders had added significant value to the operations of the!-->!-->!-->…
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FG plans new finance scheme to bridge oil sector funding gaps
The Nigerian Content Development Monitoring Board, NCDMB, has announced plans to introduce a new financing scheme to address the gaps witnessed under the Bank of Industry, BOI, funding initiative for companies operating in the Nigerian!-->!-->!-->…
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