Nigeria continues to dominate as Africa’s largest crude oil producer despite grappling with oil theft and vandalisation. The country’s proven reserves of 37.50 billion barrels and a production capacity of approximately 2.19 million barrels per day, mbpd. As of July…
President Tinubu Directs NNPC to Sell Crude to Dangote Refinery in Naira
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…
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…
Environmental groups ‘ecstatic’ over Kamala Harris’ candidacy and California climate record
Vice President Kamala Harris’ emergence as the leading Democratic presidential contender has garnered a renewed sense of optimism among environmentalists who say she offers a strong track record of climate and clean energy policies and would continue to advance that…
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…
PowerUp CEO Advocates Implementation of Nigeria’s 30GW Vision
Speaking at a panel session on the theme “Green Economy, Sustainable Growth, and Infrastructure Transformations” at The Oriental News 2024 Summit, held in Lagos, the Executive Director of PowerUp Nigeria, Adetayo Adegbemle, has challenged the Rural Electrification Agency (REA) and…
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…
