NBS Says Average Price of 5kg Cooking Gas Increases By 8.70% in One Year

National Bureau of Statistics (NBS) says the average price of 5kg of cooking gas rose by 8.70 percent in one year. This is according to the NBS’ report, titled: “Cooking Gas Price Watch”, released on Monday, January 22, in which…

Heirs Energies, Africa’s Foremost Indigenous-Owned Integrated Energy Company, Commemorated its Three-Year Anniversary

In a short timescale, Heirs Energy has implemented a track record of significant production increases, pioneered a new model of community engagement and built at world class Nigerian management team, all contributing to a new beginning in ensuring Nigeria’s sustainable…

PETROAN Cheers “Positive Development” As NNPC Outsources Port Harcourt Refinery

PETROAN has praised NNPC’s decision to outsource operations and maintenance of the Port Harcourt refinery. The move is seen as a positive step towards profitability, fuel availability, and potential price reduction, with private expertise expected to improve reliability and sustainability…

Dangote Petroleum Refinery Registers MOMAN, IPMAN, DAPPMAN Members for Products’ Distribution

The management of Dangote Petroleum Refinery has commenced registration of distributors for the lifting and distribution of refined petroleum products across the country. So far, members of three prominent associations that constitute 75 per cent of the total market in…

Shell Must Address Ecological, Health, Economic and Social Impacts Concerns in the Niger Delta Before Selling Assets.

Press Statement by Civil Society Organizations   On the 16th of January 2024, Shell announced on its website and social media platform X that it had reached an agreement to sell its Nigerian onshore subsidiary SPDC to a consortium of domestic…

German farmers threaten further protests over fuel subsidy cuts

By Sascha Meyer, Fabian Nitschmann and Matthias Arnold, dpa   The leader of the German Farmers’ Association has threatened further protests from Monday if government plans to cut agricultural subsidies for diesel fuel are not reversed. “We don’t even need…

DormanLong Lauds NCDMB Contributions, Announces 75th Anniversary Celebrations

The Nigerian Content Development and Monitoring Board (NCDMB) has been applauded for its steadfast commitment to the growth of local content, particularly for the support it lends to the fabrication subsector of the Nigerian oil and gas industry. The leadership…

NNPC, NSCDC Inspect Illegal Vessel Intercepted in Warri

On Monday, the Nigerian National Petroleum Company Limited (NNPC Ltd) conducted an inspection of an illegal crude oil vessel loaded with thousands of metric tonnes of crude oil. The vessel was intercepted by Tanita Security Services, a private security firm,…

SAIPEC 2024: Organizers Unveil Programme for Eighth Edition

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 2024. This premier industry event, is hosted by PETAN in strategic partnership with the Nigerian Content…

The Petroleum Technology Association of Nigeria (PETAN) has officially announced the first and second speaker line-up for its 8th Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC), taking place on 13-15 February 2024 at the Eko Convention Centre in Lagos,…

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