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Oil companies seek judicial intervention in free zone regulation

Some Oil and Gas Free Zone Firms in Nigeria seek judicial intervention in the alleged attempt by Oil and Gas Free Zones...

UPDATE: OTL Africa, MOMAN, DAPPMA, PETROAN host Downstream Petroleum Summit today

Heavyweights in Nigeria’s downstream petroleum sector will today converge to address salient industry issues preparatory to a regime of full market deregulation.

Oil marketers get PPPRA approval to import PMS

...As stakeholders express concern about absence of legal framework Independent oil marketers have received the all-clear to join the...

FEC approves N2.9 billion for Oil, Gas Park in Cross River

...Awards over NGN160 million for seafarers' training The Federal Executive Council has approved a N2.9 billion contract for...

Nigeria’s active oil rigs fall by 24% to 16 in April

The number of active oil rigs in the country fell by 23.8 per cent to 16 in April amid the coronavirus-induced collapse...

NCDMB launches BrentPlus to boost innovation in oil, gas industry

The Nigerian Content Development and Monitoring Board (NCDMB) has announced the launch of BrentPlus, a series of initiatives under its Nigerian Oil...

Experts seek legal backing for deregulation of downstream oil sector

Some experts in the oil and gas industry have expressed concern over Federal Government’s pronouncement deregulating the downstream oil and gas sector...

Governments’ covid-19 restrictions impacting oil production severely

The African Energy Chamber is worried that without governments’ flexibility on oil personnel movements, oil and gas production across Africa is being...

ADM Energy increases deposit for further stake in Nigeria’s OML 113

London-based natural resources investment company, ADM Energy said the acquisition of a further 2.25% holding in Oil and Mining Lease (OML) 113...

Kyari implores Graduate Trainees to join in building NNPC

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has urged the newly recruited Graduate Trainees (GTs)...

11 Plc announces board meeting, closed period

…As company emerges second highest earner in Wednesday's trading 11 Plc, formerly Mobil Oil Nigeria, has announced that its...

NLNG to begin domestic supply of LNG

After decades of exporting liquefied natural gas from the country, the Nigeria Liquefied Natural Gas Limited has said it is engaging market...
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Nigeria’s Bonga oil export terminal shut for maintenance

Nigeria’s Bonga crude oil export terminal has begun routine maintenance, its operator Shell disclosed on Tuesday, adding it aimed to have the...

Covid-19: Downstream Petroleum Group to complete, equip Abuja Diagnostic Centre

Just when you thought Nigeria’s oil marketing companies were all about their profit margins and clamouring for total market deregulation, the industry’s...

Petrol price may rise as Brent stabilises around $35/barrel

Brent, the oil against which Nigeria’s crude is priced, has hovered around $35 per barrel for about one week, raising concerns of...

Brent crude surges as oil output cuts firm

Brent crude gained on Tuesday’s London trading session, upon clear signs that major oil producers are sticking to commitments to reduce crude...