Nigeria can’t continue to import auto components – Jelani Aliyu
Mr. Jelani Aliyu The Director General of the National Automotive Design and Development Council, (NADDC), Mr. Jelani Aliyu, has said Nigeria cannot continue to import components of automobiles considering its economy and population.
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Saudi King Okays Planned Multiple Oil Investment Pact with Nigeria
Nigeria to benefit from Saudi Aramco’s investments across the globe
The King of Saudi Arabia, Salman bin Abdulaziz Al Saud and the Crown Prince, H.R.H. Mohammed bin Salman bin Abdulaziz Al Saud have endorsed a memorandum of!-->!-->!-->…
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NUPENG urges Buhari to revitalise refineries, build new ones
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has called for the revitalisation of Nigeria’s ailing refineries to pave way for sufficient local supply of petroleum products across the nation.
The oil workers, who!-->!-->!-->…
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NNPC denies reports it is relocating its marketing subsidiary from Warri to Abuja
The Nigerian National Petroleum Corporation (NNPC) says it has no plans of relocating its Gas Marketing Subsidiary, Nigerian Gas Marketing Company Limited (NGMC), from Warri to Abuja.
This was contained in a statement issued by Ndu!-->!-->!-->…
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Nigerian oil firms flare $541m gas in 4 months
Nigeria lost $849.5 million, about N259.947 billion to gas flaring as oil and gas firms operating in the country flared 154.4 million metric Standard Cubic Feet, SCF of gas, between January and April 2019, according to data obtained from!-->…
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NNPC plans 215,000 bpd extra refining capacity for its refineries
In order to address the shortfall in the supply of petrol, the Nigerian National Petroleum Corporation (NNPC) Thursday said it had resolved to add 215,000 barrels per day (bpd) refining capacity to its existing nameplate of 445,000 barrels!-->…
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Chevron lays claim to ownership of 5 burning oil wells in Ondo
Chevron Nigeria Limited (CNL) on Thursday laid claims to the five oil wells that were gutted by fire in some communities in Ilaje Local Government Area of Ondo State.
Reports had emerged early Thursday that five wells including,!-->!-->!-->…
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El-Rufai may resign, lobbies for Chief of Staff to President Buhari
This may sound strange! There are indications that Governor Nasir El-Rufai of Kaduna State may have been working on a political calculus to sacrifice the office of the governor for a return to the federal government in forthcoming!-->…
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Ajaokuta–Kaduna–Kano gas project set for completion in 2022 – NNPC GMD
Maikanti Baru, Group Managing Director, Nigerian National Petroleum Corporation (NNPC), says that the Ajeokuta-Kaduna-Kano (AKK) gas pipeline project will be completed by 2022.
Baru disclosed this while delivering a keynote address at!-->!-->!-->…
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Nigeria Revives Plan To Double Oil Output, Triple Refining
Nigeria plans to double oil production and triple its refining capacity within six years, reviving previous pledges that turned out to be too ambitious.
The OPEC member is looking to pump 4 million barrels a day by 2025 and increase!-->!-->!-->…
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