The Ministry of Mines and Energy of the Republic of Namibia announces that multinational oil and gas company Shell will write down $400 million on an oil discovery made in Petroleum Exploration License (PEL) 39 in accordance with the company…
Oil & Gas
HEDA Report: Bayelsa Faces Severe Environmental and Health Challenges from Oil Activities
A report by the Human and Environmental Development Agenda (HEDA Resource Centre) has highlighted the extensive environmental and health consequences of oil and gas activities in Bayelsa State, Niger Delta. Titled “Report of On-the-Spot Assessment of Oil and Gas Exploration…
WOGE 2024 Fostered Collaborations, Advanced Knowledge Sharing in Oil and Gas Sector– ZVECAN Group
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,…
Ardova Plc agrees Bulk Purchase Framework with Dangote Refinery
In a bid to guarantee supply security at affordable prices for its customers, Ardova Plc, one of Nigeria’s major integrated downstream oil and gas businesses has agreed to a bulk purchase framework with Dangote Refinery. This framework will see Ardova…
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…
Dangote Refinery Cuts Petrol Price to N899 per litre
Dangote Petroleum Refinery has announced a new ex-depot price of N899.50 per litre for Premium Motor Spirit (PMS), commonly known as petrol, effective immediately. It would be recalled that on November 24th, the refinery lowered the price of PMS to…
