Port Harcourt Refinery To Receive 3 Cargoes Of Bonny Light Crude
The 210,000 barrels a day (b/d) Port Harcourt refinery, has been allocated three cargoes of domestic light sweet crude Bonny Light in April-May.
This follows report by traders, suggesting that any issues affecting receipts in!-->!-->!-->!-->!-->!-->!-->…
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Naira for crude: Centre accuses NNPC of working against national interest
The Centre for Accountability and Transparency has accused the Nigerian National Petroleum Company (NNPC) of undermining Nigeria’s economic interests through its handling of the naira for crude initiative. The program, launched to!-->!-->!-->…
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Retail Price Of 12.5kg Cooking Gas Drops To ₦13,750 — NALPGAM
The price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has seen a notable reduction across various parts of Nigeria.
A recent market survey revealed that the cost per kilogram, which previously ranged up to!-->!-->!-->!-->!-->…
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Experts urge FG to decentralise electricity sector to unlock growth prospects
An Energy Expert, Prof. Yemi Oke, has urged the Federal Government to diversify and decentralise the Electricity Sector and its value chain to unlock its immense prospects.
Oke, a Lecturer of Energy Law, University of Lagos, made!-->!-->!-->!-->!-->…
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Dangote Refinery Makes History With US Jet Fuel Exports
Nigeria’s Dangote Petroleum Refinery – the world’s largest single-train refinery – is making waves globally, with the United States importing over two million barrels of its jet fuel in March alone.
This milestone marks a major!-->!-->!-->!-->!-->!-->!-->…
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Higher crude oil prices double Nigeria’s export earnings to N55.2trn
Nigeria’s crude oil export revenue has skyrocketed, with the Federal Government raking in a staggering N55.2trn in 2024—nearly twice the amount it recorded in 2023.
A breakdown of annual earnings shows a steady rise since 2020 when!-->!-->!-->!-->!-->…
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Axxela Reaffirms Commitment to Energy Security, Industrialisation in Lagos
Axxela Limited has reaffirmed its commitment to enhancing energy security, driving industrialization, and promoting environmental sustainability in Lagos State. The energy company made this pledge during a visit to Lagos State!-->!-->!-->…
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Power Infrastructure Development: Nigeria Eager To Learn From Egypt – Adelabu
Adebayo Adelabu, Minister of Power, says Nigeria is eager to learn power infrastructure development from Egypt.
Adelabu spoke during a recent meeting in Abuja with Mohammed Fouad, the Egyptian ambassador to Nigeria.
According to!-->!-->!-->!-->!-->!-->!-->…
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Federal, States, LGs Share N1.678 Trillion, Amid Revenue Drop
The Federation Account Allocation Committee (FAAC) has distributed a total of N1.678 trillion among the Federal Government, 36 states, and 774 Local Government Councils for February, according to official figures released by the Office!-->!-->!-->…
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NCDMB Ties $5.5b Investments to NOGOF, Advocates for African Partnerships
By Patience Chat Moses
The Nigerian Content Development and Monitoring Board (NCDMB) has tied the recent $5.5 billion final investment decisions (FIDs) by TotalEnergies and Shell to local initiatives like the Nigerian Oil and Gas!-->!-->!-->!-->!-->…
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