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LATEST ARTICLES

“Our intervention will increase power generation by 1,200mw” – Seplat

Seplat Petroleum Development Company Plc has said the Assa North-Ohaji South (ANOH) gas and condensate processing plant in Imo State slated to...

FUPRE laments FG’s neglect, may approach National Assembly

Management of the Federal University of Petroleum Resources Effurun (FUPRE), Delta State, has said it may seek National Assembly’s assistance to address...

Nigeria’s oil output could fall 35% without reforms – Expert

Cost increases and uncertainty in Nigeria’s crucial energy sector could lead to a 35% decline in oil output over 10 years as...

Why NPA revoked LADOL’s Land Lease Agreement

Fresh facts have emerged that the Nigerian Ports Authority (NPA) revoked the land lease agreement signed with the Lagos Deep Offshore Logistics...

VANDALISM: Pipeline feeding Brass export terminal shutdown

An oil pipeline explosion in Nigeria forced the local subsidiary of Italian oil major Eni to close a pipeline feeding the Brass...

EFCC to try nine foreigners for oil theft

The Nigerian Navy has handed over seven Sri-Lankans and two Ghanaians, who were among the 66 suspected crude oil thieves arrested in...

NNPC suspends power purchase agreement for AKK project

The Nigerian National Petroleum Corporation (NNPC) has announced the suspension of the Power Purchase Agreement (PPA) for the Ajaokuta-Kaduna-Kano gas pipeline project.

Huawei launches digital oilfield IOT solution in Nigeria

Huawei has launched its fully digital oilfield IOT solution at the Nigeria International Petroleum Summit 2020. The firm, in...

CRFFN begins POF collection

The Council for the Regulation of Freight Forwarding in Nigeria (CRFFN), has commenced the collection of Practitioners Operation Fee (POF) in Lagos...

NNPC, USTDA sign Grant Agreement for Abuja IPP

In a further bid to concretize the ‘Year of Gas’ mantra of the Ministry of Petroleum Resources, the Nigerian National Petroleum Corporation (NNPC) has...

Most Popular

Refiners trim output to boost low sulfur marine fuels margins

Refiners are expected to scale back production of low sulfur marine fuels in the short term as a recent rally in IMO-compliant...

Oil, credit boost Nigeria’s economy to 4-year high

Nigeria’s economy expanded the most in four years in 2019 as oil output increased and the central bank took steps to boost...

ADM Energy takes further interest in license offshore Nigeria

ADM Energy has entered into a sale and purchase agreement with EER (Colobus) Nigeria Limited to acquire a participating interest of 2.25%...

“Nigeria petroleum market over-regulated; margins, under-priced” – Stockman, OVH CEO

In what experts have described as the most fragmented downstream petroleum market in the world, endless opportunities lie in the recesses of an untapped...