NNPCL privatises pipelines rehabilitation, builds PH Refinery storage
The Nigerian National Petroleum Company Limited (NNPCL) has constructed a 150 million litres storage facility for the Port Harcourt Refining…
PENGASSAN vows to resist sale of Shell’s onshore assets
Crisis is currently brewing over the divestment of Shell Petroleum Development Company Limited’s (SPDC) onshore assets as the Petroleum and…
We’re committed to providing required interventions in oil, gas sector, says Tinubu
President Bola Tinubu, yesterday spoke of his administration’s commitment to continue providing the needed interventions in the oil and gas…
Marketers kick as NNPCL delays fuel supply
Oil marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria (IPMAN) have berated the Nigerian National Petroleum…
Brent prices inch upwards on demand speculation
Brent crude oil prices are witnessing a moderate rise as the week begins, with the cost per barrel currently near…
Nigeria’s Crude Oil Production Rises to 1.4mbd – OPEC
Nigeria’s crude oil production rose to 1.418mbpd in December 2023, a report by the Organisation of the Petroleum Exporting Countries…
Shell exits Nigeria’s onshore oilfields in $2.4bn deal
In a move signalling a shift away from onshore oil production, energy giant Shell has agreed to sell its Nigerian…
Hope rises on 2024 budget as Bonny Light price hits $79 per barrel
The latest increase in the price of Bonny Light to $79.08 per barrel from $76 per barrel in the global…
NNPCL to engage operations & maintenance companies to operate Port Harcourt Refinery
The Nigerian National Petroleum Company Limited, (NNPC Ltd) has announced that it wants to engage reputable and credible Operations &…
Dangote Petroleum Refinery Starts Production
As the Dangote Petroleum Refinery starts production, President of Dangote Group, Alhaji Aliko Dangote, had thanked President Bola Ahmed Tinubu…