...Targets nation’s 10% fuel in 5yrsAfrica’s top oil producer, Nigeria is moving ahead with mini-plants in an effort to help end its dependency on fuel importation.
The focus on mini-plants is part…
The Economic and Financial Crimes Commission (EFCC) said on Tuesday that six foreigners and one Nigerian have been sentenced to seven years in prison in Nigeria for oil theft.
The suspects were charged, by the Nigerian Navy since 2017…
The Department of Petroleum Resources has announced plans to launch its newly established Downstream Remote Monitoring Systems for registration and accreditation of petroleum products depots, retail outlets, and the entire downstream oil…
The combination of disruptive Covid-19 epidemic demand and oversupply has created an unprecedented crisis for the global oil and gas industry.
The oil and gas industry is experiencing its third price collapse in a span of 12 years.
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Unidentified persons on Monday attacked oil facilities operated by Shell Petroleum Development Company (SPDC) and Nigerian Agip Oil Company (NAOC) at Ikarama community, Yenagoa Local Government Area of Bayelsa.
Mr Ben Warder, a youth…
President Muhammadu Buhari on Tuesday commissioned the 5,000 barrels per day (bpd) Waltersmith Modular Refinery, developed with 30 percent equity investment by the Nigerian Content Development and Monitoring Board (NCDMB).
President…
The federal government and other critical stakeholders in the Nigerian oil and gas industry have been charged to ameliorate the mistakes that are depriving host communities of their benefits.
The Deputy Governor of Bayelsa State,…
The Managing Director and Chief Executive Officer of the Nigerian Liquified Natural Gas, Tony Attah, has said that at least 55 per cent of the scope of work on the newly signed Train 7 project of the Nigerian Liquefied Natural Gas Limited,…
President Muhammadu Buhari will today inaugurate the 5,000 barrels per day Waltersmith Modular Refinery and conduct the ground-breaking ceremony for the 45,000 barrels per day refinery expansion project at Ibigwe, Ohaji/Egbema Local…
Nigeria has continued to reel under the burden of frightening overheads in the four refineries despite the absence of any drop of refined crude oil coming from the refineries. The refineries are located in Warri, Port Harcourt and Kaduna.
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