Navy discovers five illegal refineries in Ondo
The Nigerian Navy Forward Operating Base, Igbokoda, said it had discovered five illegal refineries in some communities in the Araromi seaside area of Ilaje...
Army discovers over 3m litres capacity illegal refining site in Rivers
... Arrests 6 suspected oil thieves
The 6 Division, Nigerian Army on Thursday discovered over three million litres capacity illegal refining site in Rivers State...
NNPCL to hand over Port Harcourt refinery to private operators
As the Port Harcourt oil Refinery comes to life, the Nigerian National Petroleum Company Limited has concluded plans to hand over the government refinery...
PETAN: Programme Unveiled for Eighth SAIPEC 2024
The eighth edition of the Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) returns to the Eko Convention Center in Lagos from 13-15 February...
Help govt to curb oil theft, NDDC’s EDFA urges traditional rulers
The Niger Delta Development Commission, NDDC, has appealed to traditional rulers in the Niger Delta region to assist the Federal Government and security agencies...
NNPCL supplies four crude cargoes to Dangote refinery Feb
The Nigerian National Petroleum Company Limited is expected to supply four crude oil cargoes from its February programme to the $20bn Dangote refinery.
Dangote refinery,...
Oil and Gas: What lessons for Nigeria from Russia?
By Emmanuella Anokam, News Agency of Nigeria (NAN)
With over 200 trillion cubic feet (tcf) Nigeria has the largest gas reserves in Africa. It is...
Growth board, oil & gas emerge best indexes on NGX
In terms of year-to-date returns on the Nigerian Exchange Limited, the Growth Board and Oil & Gas have emerged as the top-performing indexes as...
Report: Cost of Transportation Soars 64% as Fuel Prices Skyrocket
*Says petrol price rose by 220% in one year
Nigerians have continued to bear the weight of rising energy prices nationwide, with the latest data...
NNPC Says Crude Oil Production, Price Benchmark for 2024 Budget Realistic
… Pledges to Maintain Level of Dividends Projected in MTEF
The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has assured that the projections on crude...