Minister of State Petroleum (Oil), Heineken Lokpobiri, paid an unscheduled visit to some petrol stations in Yenagoa, the Bayelsa capital, on Saturday.…
Category:
Oil and Gas
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Crude oil rose 1% on Friday and was on track for a weekly gain, spurred by expectations of a stimulus-driven economic recovery…
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OIL marketers lifting the Premium Motor Spirit, PMS, also known as petrol from Dangote Petroleum Refinery, have slashed the price of the…
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Nigeria’s oil minister has granted consent to Shell’s sale of $2.4 billion in assets to Renaissance Group, Renaissance said in a statement…
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Nigerian Upstream Regulatory Commission, NUPRC, said plans have been concluded to hold a fresh oil bidding round in 2025. The Commission said…
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Oil and Gas
LEDCo to deploy 20,000 Smart Solar Lights in Lagos, delivers 6MW Solar Power, 24.5MWh Energy Storage
LEDCo Limited has announced its partnership with the Lagos State Government for the implementation of a landmark Solar Street Lighting Project. The new…
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Nigerian Maritime Administration and Safety Agency (NIMASA) has said that it is actively monitoring the oil spill at SPDC Bonny Terminal from…
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Movement for the Survival of the Ogoni People (MOSOP) has raised some ethical questions over a Financial and Technical Services Agreement (FTSA)…
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House of Representatives has mandated the Nigeria Upstream Petroleum Regulatory Commission to provide details of all oil production, crude sales, and other…
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Operatives of the Nigerian Security and Civil Defense Corps, NSCDC, have bust a resident in Port Harcourt where oil thieves refine their…
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Oil and Gas
Blackout as National grid collapse again, NMDPRA to halt gas supply to GenCos over N2trn debts
Nigerians were on Wednesday plunged into darkness following another collapse of the national power grid. Since January 2024 till date, the grid…
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The OPEC Fund for International Development (OPEC Fund) has approved close to $1 billion in new development financing over the last quarter…
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The Dangote Petroleum Refinery and Petrochemicals FZE has sought to amend its suit against the Nigerian National Petroleum Company Limited (NNPCL) and…
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Equinor has closed the planned sale of its assets in Nigeria and Azerbaijan for a total consideration of up to $2 billion,…
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Oil and Gas
Nigerian Navy deploys 15 warships, 3 surveillance helicopters to boost oil production in Niger Delta
Nigerian Navy has deployed 15 warships and three helicopters for this year’s Chief of Naval Staff sea exercise aimed at curbing maritime threats…