Nigeria’s President, Bola Tinubu has ordered the Nigeria National Petroleum Corporation Limited (NNPCL) to sell crude oil to the Dangote Refinery and other upcoming in-country built refineries in the country’s local currency, the Naira. This was a measure adopted at…
Oil & Gas
SPE-NAICE 2024 to Focus on Midstream, Downstream Development
The Society of Petroleum Engineers (SPE) Nigeria Council has announced the 47th edition of the Nigeria Annual International Conference and Exhibition (NAICE) 2024. This prestigious event is scheduled to take place from August 5 to August 7, 2024, at Eko…
NLNG’s Energy-Efficient Chartered Vessel, AKTORAS, Arrives Bonny Terminal for Maiden Loading
NLNG’s Energy-Efficient Chartered Vessel, AKTORAS, Arrives Bonny Terminal for Maiden Loading
NCDMB Boss Pledges Continued Support for Indigenous Companies
…Commends Lee Engineering for Capabilities Attained The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has assured Nigerian oil and gas service companies of continued support to sustain the impressive growth in local content…
NNPCL Explains Disruption in Fuel Availability
Amid worsening queues and increasing costs of fuel, the Nigerian National Petroleum Corporation Ltd (NNPC) has stated that the disruption in unavailability of fuel supply and distribution witnessed in some parts of Lagos and the FCT is as a result…
Dangote Refutes Reuters Report on Crude Oil Reselling
The Management of Dangote Petroleum Refinery has strongly refuted a Reuters report suggesting that it is reselling crude oil shipments. The report, published on Wednesday, alleged that technical issues at the refinery had led to the resale of crude from…
Oando Denies Claims of Stake in Maltese Oil Storage Facility, Ras Hanzir Oil Terminal Limited
Oando Plc says its attention has been drawn to recent allegations on social and digital media, levelled against the company of being a shareholder, and its Principals of being Board members, in a Maltese company, Ras Hanzir Oil Terminal Limited…
Local Independents in Nigerian Petroleum Industry Upbeat as IOCs Back Pedal
…Merger and acquisition done for energy transition, strategic alliances for operational efficiencies. …Divestment by the majors creates opportunity for indigenous players in the industry. …Squeezing out the last barrel for the independents. Divestment has shown that the International Oil…
Lokpobiri, Minister of State for Petroleum Resources Holds Key Meeting with Dangote, Regulatory Authorities, and NNPC Leadership
Senator Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil) today led a crucial meeting involving top stakeholders to address issues surrounding the Dangote Refinery. Key participants included; Aliko Dangote, Chairman and CEO of Dangote Group; Farouk Ahmed, CEO of…
Angola Oil & Gas 2024 to Host Pre-Conference Technical Program on October 1
Angola Oil & Gas 2024 will host a pre-conference technical program on October 1, with industry experts unpacking challenges, opportunities and innovations across the market The Angola Oil & Gas (AOG) conference and exhibition – Angola’s premier event for…
