FG plans to revoke unused oil licences
The Nigerian Upstream Petroleum and Regulatory Commission has said the Federal Government is planning to revoke unused oil exploration leases that companies were granted...
Kyari: Rewarding Performance in NNPC, Oil Sector
The reapportionment of the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mallam Mele Kyari by President Bola Ahmed Tinubu is...
Factional PTD Replies NUPENG, Says Osesua Remains Authentic National Chair
The factional National Executive of the Petroleum Tanker Drivers (PTD) branch of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) led by...
COP28: NMDPRA x-rays Nigeria’s decabonisation journey, targets $575bn investment opportunities
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the NMDPRA Industry Sustainability Initiative (NISI) will create over 575 billion dollars in capital...
NPA Reassures Oil Industry of Adequate Vessel for Pilotage Services
The Managing Director of Nigerian Ports Authority (NPA), Mohammed Bello-Koko has stressed that it’s compulsory vessel pilotage regime will ensure efficiency and support the...
FCTA uncovers illegal oil refining warehouse in Abuja
In continuation of the city cleaning exercise, Authorities of the Federal Capital Territory Administration (FCTA) with operatives of security personnel have uncovered an illegal...
Open up oil sector for more investors, WEOG urges govt
The Federal Government has been called upon to open up the nation’s oil and gas sector for more investors to come in.
In this regard,...
Nigeria remains Africa’s top crude oil producer, as output in October rises to 1.35mbpd
Nigeria has retained its position as the top crude oil producer in Africa, with a production of 1.35 million barrels per day (mbpd) based...
Russia-Ukraine Crisis Affecting Nigeria’s Crude Export – NNPCL
The Nigerian National Petroleum Company Limited (NNPC Ltd.) says the lingering conflict between Russia and Ukraine has impacted Nigerian crude oil inflows in the...
Dangote Refinery Finally Begins Operations With 6 Cargoes Of Crude Oil From NNPCL
The 650,000 barrel-per-day Dangote oil refinery is expected to commence main operations with up to six cargoes of crude oil to be supplied by...