Echoes from Crippled Petroleum Depots

While stakeholders in Nigeria’s oil industry have openly supported the total deregulation of the downstream sector, citing the move as a catalyst for growth and optimization of the entire downstream value chain, some of their counterparts, especia

Editor Wed, 07/19/2017 - 21:17
SON Perspectives on Ease of Doing Business

In what can be considered a reaction to the Executive Order banishing government agencies from the port premises, the Standards Organisation of Nigeria (SON), has set the ball rolling on the implementation of aspects of the Executive Order on ease

Editor Tue, 07/18/2017 - 20:55
Import differentials cost Nigeria's Downstream N884.8m weekly

The Nigeria’s downstream petroleum industry lost about N884.8 million in seven days to the high cost of importing Premium Motor Spirit (PMS), also known as petrol, resulting from a differential of N3.16 per litre.

admin Fri, 07/14/2017 - 09:08
ENDING PIPELINE VANDALISM

Incessant oil pipeline vandalism is daily taking a frightening proportion, as vandals are becoming more daring in their criminal activities whilst meting untold hardship on the nation’s economy.

Editor Tue, 07/04/2017 - 08:38
WAV not affected by court appointment of provisional liquidator for STG - Management

PUBLIC NOTICE

admin Mon, 05/15/2017 - 09:59
Nigeria Customs moves to reform import & export processes
One of the most crucial functions of the Nigeria Customs Service (NCS) is the promotion and facilitation of trade and competitiveness. We will be the first to admit that the reality at the Nigerian ports is challenging and can be improved upon. 
Editor Tue, 05/09/2017 - 10:03
OPEC committed to output cuts

The ten OPEC members’ crude output stayed unchanged in April at 31.85 million barrels per day compared to March, according to an S&P Global Platts survey released on Friday.

Editor Fri, 05/05/2017 - 11:45
Nigeria’s PIB: A litany of broken promises
With the expiration of the self-imposed April deadline for the passage of the Petroleum Industry Governance Act (PIB) by the National Assembly, stakeholders in Nigeria’s oil and gas sector have yet again, been on the receiving end of a litany of broken promises. Chukwunonso Udeh reports.
Editor Tue, 05/02/2017 - 16:22
Stability through cooperation — it works!
OPEC’s ‘Declaration of Cooperation’ with a group of non-OPEC oil producers, set up in December last year to speed up the rebalancing of the international oil market, is already showing promise.
Editor Fri, 04/28/2017 - 11:17
Natural gas: Powering new frontiers
As the world looks to diversify its energy mix one source, natural gas, is becoming increasingly important.
Editor Wed, 04/26/2017 - 10:42
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