Azikel Petroleum Refinery has signed a $259m debt funding facility with the African Export-Import Bank for the Azikel Refinery Project located in…
Oil and Gas
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OPEC has said that oil market fundamentals remained strong and blamed speculators for a drop in prices as it slightly raised its…
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The U.S. Treasury Department has sent notices to 30 ship management companies requesting information for more than 100 vessels it suspects of…
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The Nigeria Extractive Industries Transparency Initiative (NEITI) said out of a total mineral revenue of N6.40 trillion, the Nigerian Upstream Petroleum Regulatory…
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Nigeria Liquefied Natural Gas Limited (NLNG), says the company has not increase the price of Liquefied Petroleum Gas (LPG). Mr Andy Odeh,…
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is reviewing novel regulations aimed at ensuring regulatory clarity and compliance by licensees and permit…
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NewsOil and Gas
Russia-Ukraine crisis takes toll on Nigeria’s crude, affects inflow into international markets—NNPC Ltd.
Nigerian National Petroleum Company Limited (NNPC Ltd.) has said that the lingering conflict between Russia and Ukraine has impacted Nigerian crude oil…
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Nigeria’s state oil firm NNPC Ltd said it had launched a new grade of crude called Nembe, as Africa’s largest oil producer…
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NewsOil and Gas
NNPC Ltd working with NEITI, others to reconcile alleged indebtedness to the Federation
The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it is collaborating with the Nigeria Extractive Industries Transparency Initiative (NEITI) and other…
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Troops of “Operation Delta Safe’’ uncovered and destroyed 96 illegal refining sites and apprehended 57 suspected oil thieves in the Niger Delta…
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The Senate Committee on Niger Delta Development Commission (NDDC), says it will ensure International Oil Companies (IOCs) operating in the country, pay…
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Nigeria National Petroleum Limited NNPC Ltd has agreed to supply the new 650,000 barrel-per-day Dangote oil refinery with up to six cargoes…
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The Nigeria Extractive Industries Transparency Initiative (NEITI) has expressed readiness to collaborate with international community towards advancing oil, gas and mining sectors.…
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NewsOil and Gas
PIA: NUPRC assures proper implementation, domestic crude supply as Dangote, others search for crude
Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it is committed to effective implementation of the Petroleum Industry Act (PIA 2021) for the…
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NewsOil and Gas
N’Delta lawmakers failed oil producing communities in PIA bill passage, HOSTCOMS, CSOs take NASS, AGF to court
Oil Host Communities in Niger Delta and some Civil Society Organisations in the region have dragged the National Assembly and the Attorney…