Dangote refinery to begin production of petrol in September
Dangote Petroleum Refinery is currently conducting test runs for petrol production, with expectations for full operations to begin by mid-September, according to a report by Reuters.The report Indicates that the timeline may be!-->!-->!-->!-->!-->…
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Aradel Holdings Announces Acquisition of Olo & Olo West Marginal Fields
Aradel Holdings Plc (“Aradel Holdings” or “the Company”), through its subsidiary, Aradel Energy Limited, has signed a sale and purchase agreement to acquire the 100% interest in the Olo and Olo West Marginal Fields from TotalEnergies!-->!-->!-->…
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NERC Partners NYSC to Educate Nigerians on Electricity Rights
By William Emmanuel UkpojuThe Nigerian Electricity Regulatory Commission (NERC) has launched a strategic partnership with the National Youth Service Corps (NYSC) to educate citizens on their electricity rights and!-->!-->!-->!-->!-->…
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Petroleum Engineers Unveils 2025 Conference Theme, To Drive Oil Output Rise
The Society of Petroleum Engineers (SPE) Nigeria Council has unveiled the theme for Nigeria Annual International Conference and Exhibition (NAICE)2025: “Building a Sustainable Energy Future: Leveraging Technology, Supply Chain,!-->!-->!-->!-->!-->…
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Nigerians fume as NNPC boss embarks on Umrah amid lingering fuel scarcity
Many Nigerians on social media have lambasted Mele Kyari, the group chief executive officer of the Nigerian National Petroleum Corporation (NNPC) Ltd, for embarking on Umrah in Saudi Arabia amid lingering fuel scarcity at home.!-->!-->!-->!-->!-->…
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At Windhoek Conference, NCDMB Lists Gains of NOGICD Act, Urges Namibia to Prioritise Local Content
By Saidu AbubakarThe Nigerian Oil and Gas Industry Content Development (NOGICD) Act, 2010 and its astonishing success in resetting oil and gas industry spending and in-country capacity development was the fulcrum of a presentation!-->!-->!-->!-->!-->…
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Minister disputes OPEC’s data, says Nigeria’s crude production is 1.7mbpd
Lokpobiri
The State Minister of Oil, Heineken Lokpobiri, has insisted that the country is producing 1.7 million barrels of crude oil daily including condensates.Lokpobiri made this disclosure during a keynote speech at an energy!-->!-->!-->!-->!-->…
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Tough times ahead as subsidy shaves N7.7tr off FAAC allocations
*Stakeholders push for increased IGRs Tougher times await federal, states and local governments as subsidy on premium motor spirit (PMS) is set to erode over N7.7 trillion from the Federal Allocation Account by December this year.!-->!-->!-->…
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FG’s Underpayment Funding Boosts Resurgence Of Petrol Smuggling
A gas station attendant pumps fuel into a customer's car at the NNPC Mega petrol station in Abuja, Nigeria March 19, 2020. REUTERS/Afolabi SotundeNigerian authorities are facing a resurgence of petrol smuggling as price disparities!-->!-->!-->…
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