Nigeria Is Becoming A Global Oil Market Juggernaut
Nigeria is reasserting its significance as a major player in the global oil market. Recent activities at the colossal Dangote refinery have had a noticeable impact on prices. Initially, purchases of U.S. crude barrels by the refinery!-->!-->!-->…
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Fuel Prices Rise Sharply, Check Out New Prices
Petrol supply continues to fluctuate across Nigeria, leading many filling stations to remain closed or unable to dispense the product.Investigations reveal that in the Federal Capital Territory (FCT), petrol is priced close to!-->!-->!-->!-->!-->!-->!-->…
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Paris Olympics: Pillar of Sports Urges Probe into Nigeria’s Shambolic Outing
Agu-EjidikeNigeria's Pillar of Sports, Chief Donatus Agu-Ejidike has called on the National Assembly and other relevant government authorities to launch a forensic probe into Team Nigeria's shambolic performance at the just-concluded!-->!-->!-->…
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Tinubu, Mbasogo sign agreement on Gulf of Guinea gas pipeline
President Bola Tinubu (left) and Equatorial Guinea President, Teodoro Mbasogo, displaying agreement on Gulf of Guinea Pipeline Project signed on Wednesday in MalaboPresident Bola Tinubu and President Teodoro Mbasogo of Equatorial!-->!-->!-->…
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Dr. Okafor Emerges As New Chairman, SPE Section 199 Abuja
By Patience Chat Moses
Dr. Ikechukwu Stanley Okafor has emerged as the new chairman of the Society of Petroleum Engenners (SPE), Section 199 Abuja.
This was disclosed during the AGM and Award Night of Section 199, Abuja.
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Axxela partners NGML, commissions 5km gas pipeline in Victoria Island
*A gas pipeline undergoing construction
*Connects Eko Atlantic City to gasAxxela Limited, sub-Saharan Africa’s leading gas and power portfolio company in partnership with NNPC Gas Marketing Limited, NGML, has announced the!-->!-->!-->!-->!-->…
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Nine Oil-Producing States, Governors With Most Allocations, Derivation Funds in 2024
*In the first six months of 2024, the nine oil-producing states shared N341.59 billion using the 13 per cent derivation formula.*A recent report by the National Bureau of Statistics (NBS) has disclosed the Nigerian states with the most!-->!-->!-->…
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Tension Over Seized Nigerian Presidential Jets
A French court has authorized the seizure of three jets belonging to Nigeria’s presidential fleet amid a legal dispute involving the Ogun State government and Zhongshan, a Chinese company.The dispute arose from the Ogun State!-->!-->!-->!-->!-->…
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IPMAN explains why fuel is expensive, says truck rises from N9.6m to N36m
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said that the cost of buying 45,000 litres of a truck of fuel has risen from N9.6million to currently between N34 million and N36 million at the depots of!-->!-->!-->…
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NCDMB Hails BEAMCO for Local Assembly of Train-7 Equipment
By Saidu AbubakarThe Executive Secretary (ES) of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, on Tuesday visited the facilities of BEAMCO Nigeria Limited in Lagos, commending the oil and!-->!-->!-->!-->!-->…
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