Nigerians were on Wednesday plunged into darkness following another collapse of the national power grid. Since January 2024 till date, the grid…
Category:
Oil and Gas
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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…
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The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) says it has finalised an agreement with Dangote Refinery for the supply…
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Shell Petroleum Development Company, SPDC, says it has signed community content plans on specific services and supplies to be provided by communities…
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Shell Companies in Nigeria said they awarded contracts worth $1.98 billion to indigenous companies in 2023 as part of steps taken to…
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The Petroleum and Natural Gas Senior Staff Association of Nigeria has confirmed that the Port Harcourt Refinery has resumed production. PENGASSAN president…
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Nigerian Content Development and Monitoring Board, NCDMB, yesterday disclosed that it has achieved a 56 percent local content level in Nigeria’s oil and gas…
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Springfield Exploration & Production and its partners on the West Cape Three Points Block 2 – namely, the Ghana National Petroleum Corporation…
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Oil prices rose on Monday, as strong factory activity in China buoyed hopes of higher demand, and as escalating tensions in the…
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Oil and Gas
Major marketers shun petrol importation, source 148m litres of petrol from Dangote refinery
Major oil marketers have sourced 148,463,142 litres of Premium Motor Spirit, PMS, also known as petrol from the Dangote Petroleum Refinery following…
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Old Port Harcourt Refinery is currently operating at 70 per cent of its installed capacity, with plans to ramp up to 90…
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The Port Harcourt Refinery has officially begun processing crude oil, marking a significant milestone in Nigeria’s energy sector. This development comes after…