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“Dangote Refinery will eliminate shipping margin for petrol”- FG

…Fuel to be sold at international price…FG to convert cars to dual fuel free of charge The federal government...

GACN plans review of Nigeria’s gas sales contract

The Gas Aggregation Company Nigeria (GACN) has disclosed its intention to review existing terms in the Gas Sale and Aggregation Agreements (GSAA)...

Oil & Gas sector loans hit N268.79 billion

Nigeria's oil and gas sector has contributed the largest share to Non-Performing Loans (NPL) in Nigerian banks, recording a significant 22.2% increase...

NNPC to unveil CNG filling stations nationwide

​The Nigerian National Petroleum Corporation (NNPC) has pledged to support ongoing initiatives by the Ministry of Petroleum Resources to provide alternate energy...

Oil marketers upbeat about N250bn NGEP intervention fund

As deregulation of the downstream petroleum sector gathers momentum, oil marketers under the aegis of the Major Oil Marketers Association of Nigeria...

ENYO introduces Velox-fuel management solution

As part of its efforts towards bolstering customer experience, Enyo Retail and Supply, leading fuels retailing company in Nigeria has introduced its...

Oil fell as stockpile rise amid weakening demand

Oil prices fell for a second day on Friday, pressured by a surprise rise in U.S. stockpiles as the coronavirus pandemic continues...

FG in talks to give up majority stakes in refineries

Nigeria is holding talks to give up majority stakes in all four of its moribund oil refineries, Mele Kyari, Group Managing Director...

NNPC defends fuel price increase

…Kyari says outburst is understandable but misplaced The Group Marketing Director of the Nigerian National Petroleum Corporation (NNPC), Mele...

Shell-Eni OPL 245 Case: Nigeria makes concluding arguments in trial

Nigeria is making its concluding arguments in the ongoing mega-trial of Royal Dutch Shell, Eni and some of their most senior executives...

FG finally ends petrol price control regime

The Executive Secretary of the Petroleum Products Pricing Regulatory Agency (PPPRA), Mr. Saidu Abdulkadir on Tuesday clarified that the monthly petrol pump...

Industry stakeholders fault FG over N10.43trn subsidy

..."Real price of petrol between N200-N215 per litre" - Expert Strong reactions have continued to trail the Federal Government’s...
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GMD NNPC seeks separation of roles in oil industry

The Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has called for a clear separation of roles between...

NOGTECH: Winners get US$50,000 product development grant

Five innovative teams have been selected as winners of the Nigerian Oil and Gas Technology (NOGTECH) Hackathon sponsored by the Nigerian Content...

NIMASA, Public Service Reform Bureau partner on change initiatives

Director General of Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Bashir Jamoh has emphasized the importance of efficient and effective Public...

78 companies bid for NNPC downstream infrastructure rehab

…ICRC commends NNPC for transparent public bid processes No fewer than seventy eight companies have submitted virtual bids to...