Dangote refinery to end imports of petroleum products to Africa
Nigeria and other sub-Saharan African countries would soon heave a sigh of relief from the importation of petroleum products, with the imminent completion of the 650,000 barrels-per-day (bpd) Dangote Refinery at Ibeju-Lekki area of!-->!-->!-->…
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Malabu: Jonathan, Diezani, Adoke hid documents showing fraudulent payments – FG
The Nigerian government on Thursday alleged that former President Goodluck Jonathan and other officials who worked in his government possibly hid or failed to document fraudulent payments made in the controversial Malabu oil scandal.
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‘Nigeria’s petrol cheapest in West Africa, 7th in the world’
At N145 or 40 US cents, Nigeria’s pump price for petrol is the 7th cheapest in the world and the cheapest in West Africa, according to data published by globalpetrolprices.com.
All Nigeria’s neighbours sell petrol at more than!-->!-->!-->!-->!-->…
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Buhari has never interfered in NNPC’s affairs – Mele Kyari
The new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, on Thursday, said President Muhammadu Buhari has never interfered in the affairs of the corporation since he became president in 2015.
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Oil & Gas: Valuechain boss wants PIB, Refineries prioritised
-By Saidu Abubakar
Two sensitive aspects of the Oil and Gas Industry have been identified as areas yet to receive the deserved attention by the administration of Muhammadu Buhari, Alhaji Musa Bashir, Publisher/Editor-in-Chief of the!-->!-->!-->…
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Nigerian governors seek new deal on petrol subsidy
The Nigeria Governors’ Forum (NGF), has told Mele Kolo Kyari, the new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) that a new deal might be needed to curb the financial drawback subsidy payment is having on!-->…
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Despite NNPC’s denial, new fuel price regime appears imminent
...Disregard trending rumour of impending hike in pump price of petrol, Says NNPC…Clarifies statement of its GMD
The Nigerian National Petroleum Corporation (NNPC) may have dismissed reports suggesting that a new petrol!-->!-->!-->!-->!-->…
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Photo Speak: Valuechain’s One Year Anniversary Celebration
The Valuechain Magazine, an Oil and Gas monthly publication, Wednesday at the prestigious Fraser Suites in Abuja, celebrated its one year anniversary, with presentation of awards and launching of the Valuechain Sickle Cell Foundation as!-->…
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Lack of new investments degrades Nigeria’s oil sector infrastructure – Report
The dearth of new investments in the oil sector has resulted in the degradation of infrastructure, causing frequent breakdowns, a report has revealed.
CSL Stockbrokers Limited, a research and financial advisory firm, stated this in its!-->!-->!-->…
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FG begins environmental social impact assessments for Edo modular refinery
The Federal Government has commenced Environmental Impact Assessment for the proposed Edo Modular Refinery being developed by Edo Refinery and Petrochemicals Company Limited, a firm floated by the Godwin Obaseki-led Edo State Government to!-->…
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