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The Nigerian National Petroleum Corporation (NNPC) is to open a liquefied petroleum gas (LPG) storage and dispensing facility in Benin City, Edo State. The facility, developed in partnership with its upstream exploration and production…
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Despite the current 445,000 barrels per day (bpd) capacity of the country’s refineries and Dangote’s 650,000 bpd refinery expected by 2020, Nigeria will still have a shortfall of 427,000 bpd, equivalent of 20 million litres of Premium…
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The Kaduna State Government has imposed a 24-hour curfew on Kajuru Local Government Area. This follows reports of fresh violence in parts of the local government, Details of the violence are still sketchy, but the state government…
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-By Yange Ikyaa The Nigerian National Petroleum Corporation (NNPC) has described as untrue insinuations that plans are afoot to relocate its gas trading subsidiary, the Nigerian Gas Marketing Company Limited (NGMC), from Warri to Abuja.…
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-By Yange Ikyaa The Minister of Energy, Industry and Mineral Resources of the Kingdom of Saudi Arabia, H.E. Khalid bin Abdulaziz Al-Falih has expressed the strong readiness of his country to sign a Memorandum of Understanding (MoU)…
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Saudi Arabia has hinted on the possibility of building an independent refinery in Nigeria. Khalid Al-Falih, the kingdom’s minister of energy, industry and mineral resources, gave the hint during a meeting with Ibe Kachikwu,…
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No less than Five oil wells are currently ablaze in Ondo State. It was assembled that fire broke out on Thursday morning in Ajegunle-Ikorigho community and spread to parts of Ojumole which is situated in Ikorigho land. The oil…
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In a bid to resuscitate the country’s refineries, the Minister of State for Petroleum Resources, Ibe Kachikwu, has revealed that Nigeria needs about N900 billion ($2.5 billion) before it could put back the nation’s refineries to proper…
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-By Yange Ikyaa Aiteo Group has said it suspects third party breach of its oil facility, the Nembe Creek Trunk Line. In a statement issued by Ndiana Matthew, who is the head of corporate communications for Aiteo Eastern…
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The Nigerian army has destroyed one of the biggest illegal oil camps in the Niger Delta controlled and operated by oil thieves, local media report. The soldiers, according to the reports, destroyed 700 oil drums, 150 storage tanks, and…
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