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Siemens Energy wins BOG compressor contract from Nigeria LNG

Nigeria LNG (NLNG) has selected Siemens Energy to provide a cryogenic boil-off gas (BOG) compression train for its Bonny Island plant.

COPL seeks extension of drilling licence for OPL 226

Canadian Overseas Petroleum Limited (COPL), an international oil and gas exploration and development company focused on sub-Saharan Africa, is confident that it...

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...

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...

NNPC records ₦20.36bn trading surplus in July

The Nigerian National Petroleum Corporation (NNPC) has recorded an increased trading surplus of ₦20.36billion in July 2020 compared to the ₦2.12billion surplus...

“PIB must disband PPPRA, PEF to achieve total deregulation”- Investigation

There are strong indications that Nigeria's downstream petroleum industry cannot achieve full deregulation in 2020 as the Petroleum Equalisation Fund (PEF) and...

NLPGA asks members to ignore PPPRA’s administrative charge on LPG

The Nigeria LP Gas Association, NLPGA, has asked its members and operators to ignore the directive of the Petroleum Products Pricing Regulatory...

“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...
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Ship operators seek approval for licensed escorts in Gulf of Guinea

Operators with interests in petroleum products shipping in sub-Saharan Africa have advocated for governments in the region to issue licenses granting armed...

Africa Refiners move to establish roadmap for clean fuels

…Set to introduce West African benchmark for petroleum products African refining operators have indicated their readiness to establish a...

OVH Energy leads discourse on the Future of Storage & Pipeline Assets

Depots and pipelines assets form part of vital downstream oil and gas infrastructure that significantly impact the efficiency of supply operations as...

Downstream Gas Investment – From Assets to markets

With increasing global emphasis on cleaner and more sustainable fuels, governments and companies around the world are investing heavily in gas processing...