NNPC demands N4.7tn petrol imports refund
NNPC Towers
The Nigerian National Petroleum Company Limited has demanded a refund of N4.71tn from the Federal Government to settle outstanding debts used to import Premium Motor Spirit, popularly called petrol, into the country.
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President Tinubu Vows to Prioritize Health, Safety in Mineral Exploration
By William Emmanuel Ukpoju
President Bola Tinubu has pledged to ensure that companies involved in mineral exploration prioritize the health and safety of Nigerians and host communities. He made this commitment while receiving a!-->!-->!-->!-->!-->…
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Cross Border Petrol Smuggling Pushes Nigeria Importation Value To N2Trn A Day
Despite serious measures put in place by present administration to curb petroleum products smuggling, President Bola Tinubu has disclosed that the country spends N2tn monthly to import petrol and diesel.
Tinubu’s submission also!-->!-->!-->!-->!-->…
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African energy advocacy group plans to sue Western financiers over discrimination against African…
NJ Ayuk, Executive Chairman of the African Energy Chamber
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Western financiers' discrimination against African oil and gas is "very unjust, hypocritical and colonial," the head of a key African energy!-->!-->!-->!-->!-->…
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Gas Development will lead to Nigeria’s prosperity, Lower Cost of Living – Ekpo
...Hails NCDMB’s strides in Local Content Development
Minister of State for Petroleum Resources (Gas), Hon Ekperikpe Ekpo with the Executive Secretary of Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola!-->!-->!-->…
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Warri Refinery Workers to Resume Protest on August 19
The Warri Refinery workers, who have been on the job since 2022, are demanding better pay, benefits, and job security
Support staff of the Warri Refinery and Petrochemical Company Limited (WRPCL) have announced plans to resume their!-->!-->!-->!-->!-->…
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NLNG’s chartered energy-efficient vessel arrives Bonny
*NLNG vessel
A vessel, ‘M.T.’ AKTORAS’, chartered by the Nigerian Liquid Natural Gas, NLNG, has arrived Bonny terminal for her first voyage to load liquefied natural gas.
The vessel, a new state-of-the-art and energy-efficient!-->!-->!-->!-->!-->…
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Militants Threaten Major Attacks On Nigeria’s Oil, Gas Installations
The high command of the Renewed Niger Delta Avengers (RENDA) has issued a dire warning to the Nigerian government and multinational oil companies operating in the Niger Delta region.
In a press statement titled “HAPPY DOOMED DAYS!-->!-->!-->!-->!-->…
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Crude Oil Prices Fall 11.8% In One Month As US Recession Pressure Heightens
Crude Oil and Dollar
Amidst the United States recession forecast, crude oil prices have plunged by over 11 per cent month-on-month from July 8 to August 7, 2024.
Analysis conducted on crude grades showed that Brent Crude fell by!-->!-->!-->!-->!-->…
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Diversify Transportation of Petroleum Products – Adebawo to Operators
Sola Adebawo
By Patience Chat Moses
The issue of transportation in the oil and gas sector has continued to be a major challenge hindering the sectors progress .
According to the General Manager (GM) of Heritage Energy, Sola!-->!-->!-->!-->!-->!-->!-->…
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