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NJ Ayuk, Executive Chairman of the African Energy Chamber ****************************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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...Hails NCDMB’s strides in Local Content DevelopmentMinister 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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The Warri Refinery workers, who have been on the job since 2022, are demanding better pay, benefits, and job securitySupport staff of the Warri Refinery and Petrochemical Company Limited (WRPCL) have announced plans to resume their…
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*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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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 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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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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Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, has disclosed that Nigeria spends $600 million each month on fuel imports.He said that this significant expenditure is partly because neighbouring…
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Managing Director and Chief Executive Officer of Aradel Holdings PLC, Gbite Falade has disclosed plans of the company to list on the Nigerian Exchange’s main board before the end of the current quarter in September.The Aradel MD…
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Dangote Refinery and other local refineries are yet to purchase crude oil in Naira after President Bola Ahmed Tinubu’s directive last week.Eche Idoko, the Publicity Secretary of the Crude Oil Refiners Association of Nigeria,…
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