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The Nigeria National Petroleum Corporation, NNPC, has sharply raised January official selling prices, OSPs, for Bonny Light to dated Brent plus 251 cents from plus 128 cents in January, and Qua Iboe crude oil to plus 266 cents from 150…
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The crude distillation column Dangote, right, and one of the engineers at the project site The crude distillation column being installed The crude distillation column Dangote Refineries has successfully…
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In keeping with what has become an annual tradition, we took out our handy crystal ball – manufactured from petroleum-based materials, of course – for a look at expectations for the year to come in 2020. What the crystal ball revealed is a…
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Dangote Refinery Thursday announced that it has successfully installed the largest single crude distillation column where different products boil off (from the crude mixture) and are recovered at different temperatures. According to…
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ExxonMobil Nigeria upstream affiliate, Mobil Producing Nigeria (MPN), operator of the Nigerian Petroleum Corporation (NNPC/MPN) joint venture, has contributed in excess of N160 billion to the Niger Delta Development Commission (NDDC),…
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The Department of Petroleum Resources in Cross River has assured residents in the state and beyond that there was enough product to serve for the Christmas season and beyond. DPR Operations Controller in the state, Mr Sircham…
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-By Kenny Folarin The Federal High Court in Abuja has sentenced the Director General of the Bureau of Public Enterprise, BPE, Mr Alex Oko, to 30 days imprisonment for allegedly disobeying court order in implementing the Share…
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-By Kenny Folarin The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has tasked members of the Petroleum Technology Association of Nigeria (PETAN) on focusing more on gas development and…
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The Department of Petroleum Resources (DPR) has launched new upstream guidelines with the aim to promote efficiency, transparency and accountability in the sector. Speaking at the Annual Rig & Vessel Stakeholders Regulatory Workshop…
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The House of Representatives Wednesday mandated its committee on petroleum resources (downstream) to investigate allegations of alleged withholding of N1.343 trillion internally generated revenue by the Petroleum Products Pricing…
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