The 9th World Oil and Gas Exhibition (WOGE 2024) fostered collaborations and advanced knowledge sharing in the oil and gas sector. This is contained in a statement signed by the Managing Director/Chief Executive Officer (CEO) of ZVECAN Oil and Gas…
Ardova, Heyden Join Dangote Refinery to Ensure Affordable PMS for Nigerians
Ardova Plc and Heyden Petroleum have entered into a bulk purchase agreement with the Dangote Petroleum Refinery. This strategic move, according to a statement by the Refinery, is designed to ensure a steady supply of petroleum products at affordable prices,…
President Tinubu Commends NNPCL Over The Re-Opening Of 125,000Bpd Warri Refinery
President Bola Tinubu has expressed his profound joy at the re-opening of the Warri Refining and Petrochemical Company by the Nigerian National Petroleum Company Limited, describing it as another remarkable achievement in 2024 that has strengthened Nigerians’ hope in his…
International CSOs ask Tinubu to Halt Oil Divestment in Niger Delta
A coalition of local and International Civil Society Organisations (CSOs) have called on President Bola Tinubu for an immediate halt to all divestment requests from International Oil Corporations in the Niger Delta including Shell, Total, ENI and other IOCs with…
Dangote Commends President Tinubu on Crude for Naira Swap Impact
Nigerians are set to enjoy better supply and more affordable pms rates as Dangote Refinery has partnered with MRS to sell Premium Motor Spirit (PMS) at N935 per litre. The new price, reduced from N970 per litre will take effect…
NNPCL Refutes Reports of Port Harcourt Refinery Shutdown – Affirms Ongoing Product Loading
The Nigerian National Petroleum Company Limited (NNPC Ltd) has refuted claims in some section of the media, alleging that the Old Port Harcourt Refinery which was re-streamed two months ago has been shut down. In a statement released moments ago…
Shell selects TechnipFMC for Nigerian Deepwater Project
TechnipFMC has been awarded a contract by Shell Nigeria Exploration and Production Company to supply subsea production systems for the Bonga North development in Nigeria, TechnipFMC announced on Tuesday. Under the contract, TechnipFMC will design and manufacture subsea tree systems,…
Ex-NNPC CEOs Commend Groundbreaking Revitalization of Port Harcourt Refinery
The Revitalization of the Port Harcourt Refinery has continued to receive commendations as former Group Managing Directors (GMDs) of the Nigerian National Petroleum Company Limited (NNPC Ltd) have applauded Mallam Mele Kyari and the current management team for the impressive…
NUPRC Plans Another Oil Licensing Round in 2025
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is set to launch another oil licensing round in 2025, the Commission’s Chief Executive, Gbenga Komolafe, revealed on Wednesday during the 2024 Licensing Round Commercial Bid Conference in Lagos. This announcement comes as…
Aradel Holdings Acquires 5.14 Percent Stake in Chappal Energies Mauritius
Aradel Holdings Plc (“Aradel” or the Company) has announced its decision to acquire a 5.14% equity stake in Chappal Energies Mauritius Limited (“Chappal”), an energy company focused on investments in deep value and brownfield upstream opportunities across Africa. This strategic…
