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LATEST ARTICLES

NIPS 2020: OVH Energy emerges Downstream Company of the Year

…As Shell, Total, Samsung also bag awards OVH Energy, an Oando licensee and the second largest downstream petroleum business...

NLNG achieves 83 percent of its Nigerianization target

The Nigerian Liquefied Natural Gas Company, NLNG has said that it has completed about 83 percent of its Nigerianization process with...

Overtime cargo takes up 30% space at Lagos port

As congestion at the Lagos ports continue, facts have emerged that more than 2,000 containers of overtime cargo littered in the facilities...

Manufacturers seek concession as government mulls new gas regulation in June

The former Senior Technical Adviser to the immediate Minister of State for Petroleum, Timothy Okon, has stated that a new regulation will...

“Nigeria to adopt gas as transitional fuel”- Oil Minister

…Launches National Gas Transportation Network Code …Sets six-month deadline for migration of GTAs Nigeria’s Minister of State for Petroleum...

NLNG calls for massive investment as Nigeria’s ranking drops to 5th globally

THE Nigerian LNG Limited has called for massive investment in LNG as Nigeria’s ranking dropped from fourth to fifth globally.

Isong: Against Killer Subsidies and Risky Pricing

With over 30 years’ experience in the oil and gas industry, Clement Isong, Executive Secretary, Major Oil Marketers Association of Nigeria (MOMAN) is a...

Kyari and the Burden of Broken Promises

Following a pattern established by his predecessors upon assumption of the apex office of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari,...

Shipping industry needs to look beyond IMO 2020 to lower-carbon fuels

As the International Maritime Organization enters a phase of curbing shipping industry emissions more robustly, the search is on for cleaner alternatives...

Oil marketers afraid of moving products by rail – NRC MD

The Acting Managing Director, Nigerian Railway Corporation, (NRC), Engr. Fidet Okhiria, speaks on the railway infrastructure development plans of the Federal Government...

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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...