Nigeria Loses N500bn to Low Crude Oil Production
By Moses Patience Chat
Nigeria has lost a revenue of N500 billion in January 2023 as a result of low crude oil production.Valuechain findings show that the country was not able to reach the production quota of 1.79 million!-->!-->!-->!-->!-->!-->!-->…
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FG introduces Two New Regulations to Halt Oil Theft
By Adaobi Rhema Oguejiofor
The Federal Government has disclosed that three important regulations have been introduced to help improve Nigeria's revenue from crude oil production.This was revealed on Monday at a stakeholder!-->!-->!-->!-->!-->!-->!-->…
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Nigerdock Achieves 40% Renewable Energy Utilization
By Moses Patience ChatThe Chief Executive Officer (CEO) of Nigerian Maritime Company, Nigerdock, Mr Maher Jarmakani, has said that his company has successfully substituted 40% of the energy they consume with the installation of!-->!-->!-->!-->!-->…
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Local Refining Will End Nigeria’s Fuel Crisis – Peter Obi
By Adaobi Rhema Oguejiofor
Mr. Peter Obi, the presidential candidate of Labour Party (LP) in an interview on Sunday said that the fuel crisis that is currently faced by Nigeria can be fixed with effective local refining.He also!-->!-->!-->!-->!-->!-->!-->…
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IPMAN Demands Time Extension Before Embracing New Fuel Price
By Moses Patience ChatThe Vice Chairman of the Western Region of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Mr Joseph Akanni, has asked the Federal Government to extend time for them to be able to embrace!-->!-->!-->!-->!-->…
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Fuel Queues End in Abuja after NNPC’s Meeting with Security Chiefs, Marketers
Adaobi Rhema OguejioforAfter the meeting that was held recently between the Nigerian National Petroleum Company (NNPC) Limited and petroleum marketers alongside customs and security chiefs to find lasting solutions the lingering!-->!-->!-->!-->!-->…
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NNPC, Daewoo Sign Deal to Upgrade Kaduna Refinery
By Patience Moses ChatThe Nigerian National Petroleum Company (NNPC) Limited has signed a deal with the Nigerian Subsidiary of Daewoo E&C Company Limited of South Korea to fix, repair and maintain the Kaduna Refining and!-->!-->!-->!-->!-->…
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Nigeria to Increase Gas Production, Ramp Up Distribution
By Adaobi Rhema Oguejiofor
The Nigerian National Petroleum Company (NNPC) Gas Marketing Limited, the gas marketing division of NNPC, on Monday inaugurated a gas distribution office at Ikeja in Lagos State. During the unveiling!-->!-->!-->!-->!-->!-->!-->…
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Nigeria targets 30% renewable energy capacity by 2030
By Adaobi Rhema Oguijiofor
The Federal Government on Thursday said it is putting in place certain measures to ensure that about 9000 megawatts (MW) of electricity is generated from renewable energy sources in the country.!-->!-->!-->!-->!-->!-->!-->…
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Host Communities Demand Compensation from Shell Over Environmental Pollution
By Patience Moses ChatNigerian oil company, Shell Petroleum Development Company (SPDC), has responded to a lawsuit against it in London by the community members of Ogale, a farming and fishing community in the Niger Delta region of!-->!-->!-->!-->!-->…
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