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LATEST ARTICLES

Independents & New Frontiers of Competition in Fuel Retail – Network Development, Automation, Loyalty

In an increasingly dynamic market driven by competition, innovation and customer-centricity, independent petroleum product marketers have leveraged emerging dependencies between technologies, markets...

FG to add strategic reserves’ financing cost to fuel price

The Federal Government is proposing the addition of the costs of managing the national strategic stocks of petroleum products to the retail...

FG issues guidelines for operation of downstream gas facilities

The Department of Petroleum Resources, DPR, last week, released guidelines for the establishment and operations of downstream gas facilities across the country,...

FG, global oil & shipping interests review Nigeria’s maritime security strategy

The Nigerian government and the Industry Joint Working Group (NIWG) have intensified efforts to facilitate coordination between government and industry and align...

DPR sets sights on 40bn barrels oil reserve target

Sarki Auwalu, Director, Department of Petroleum Resources says Nigeria’s target of 40 billion barrels oil condensate reserve by 2025 is realistic and...

Security, Trade: Korea, Belgium pledge support for NIMASA

…Agency Committed to Safe Nigerian Maritime Domain – Jamoh South Korea and Belgium have pledged more support for the...

Autogas: NNPC engages marketers over gas for vehicles

The Nigerian National Petroleum Corporation (NNPC) has engaged petroleum products, marketers, on the sale of Liquefied Petroleum Gas (LPG) and Compressed Natural...

OPEC predicts decline in oil demand post-2030

World oil demand will plateau in the late 2030s and by then begin to decline, the Organization of the Petroleum Exporting Countries...

NIGERIA: Unregistered cabotage vessels risk forfeiture, US$40,000 fine

Companies and owners of non-compliant vessels engaged in Cabotage trade in Nigeria risk detention and forfeiture or fines ranging from N5,000,000 to...

Nigeria to end DSDP contracts in 2023

…As NNPC extends crude-for-products programme by six months Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele...

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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...