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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Nigeria’s minister of state, petroleum resources, Timipre Sylva, has called on Nigerians to be happy and proud that Africa’s biggest oil state is about to resume petroleum products importation from neighbouring Niger Republic.
Sylva…
The Corporate Human Rights Benchmark (CHRB) has ranked ENI tops among the 199 companies assessed for leadership, the design and implementation of an effective approach to human rights.
CHRB is an internationally recognized benchmark…
The Niger Delta Power Holding Company (NDPHC) has disclosed that it is engaging new engineering, procurement and construction (EPC) contractors to complete the four power plants located at Alaoji, Egbema, Omoku and Gbarain, and make them…
Nigeria’s leading deep-water energy company, the Shell Nigeria Exploration and Production Company (SNEPCo) has donated a state-of-the-art Information and Communications Technology (ICT) Centre to the Enugu State University of Science and…
With fuel demand in Europe falling again as major economies re-imposed lockdowns to fight the spike in coronavirus cases, it is believed that more refineries in Europe are at risk of permanent closure.
Oilprice.com reported last weekend…
The Group Managing Ddirector of the Nigerian National Petroleum Corporation (NNPC), Engr Mele Kyari, has said that the apex oil corporation is the only company in the country that has cut its losses within one financial year by N800…
Oil producers in Arab Gulf are reportedly losing billions of U.S. dollars from oil revenues this year due to the impact of the Covid-19 pandemic that crippled global oil demand and oil prices.
Oilprice.com reported last weekend that as…
The African Energy Chamber has released The Africa Energy Outlook 2021, with the forecasts for increased gas monetisation across the continent on the back of decarbonisation and industrialisation drive.
The Chamber said it discovered…
Kenya has slashed the prices of super petrol, diesel and kerosene by Sh1.42, Sh2.21 and Sh2.10 per litre respectively, with immediate effect.
The Energy and Petroleum Regulatory Authority for Residents, said Nairobi residents will…
