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DPR generates N673.7bn revenue in 1st half of 2020

The Department of Petroleum Resources (DPR) has generated a total sum of N673.7 billion in the first half of this year.

PENGASSAN elects Festus Osifo as new President

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has elected national officers to run its affairs in the next...

OTL Africa hosts Nigerian CNG Assembly

Since 2019, the Federal Government has been pushing for the usage of Compressed Natural Gas (CNG) and Liquefied Petroleum Gas (LPG) in...

BUA Group partners Axens for 200,000 bpd refinery project

…As Nigeria aims to be net exporter of petrol Nigerian conglomerate, BUA Group has selected France's Axens for a...

Nigeria pays US$14m for fuel in June despite subsidy removal

The Nigerian National Petroleum Corporation (NNPC) recorded a 5.34 billion naira cost for fuel in June, months after it changed its pricing...

NLPGA kicks as PPPRA imposes administrative charge on LPG

The Nigeria Liquefied Petroleum Gas Association (NLPGA), has kicked against plans by the Petroleum Products Pricing Regulatory Agency (PPPRA), to impose an...

Mocoh signs petroleum products supply pact with Cameroon

Mocoh SA., a private oil distribution, logistics and global trading company, has succeeded Sahara Energy as the main supplier of petroleum products...

Local Content saves Nigeria US$2bn on LNG Train 7

The pragmatic implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act has saved Nigeria the sum of US$2bn in...

Nigeria maintains oil, gas reserves ranking

Nigeria has retained its occupancy of the 10th and 9th positions in the global oil and gas reserves respectively.

Africa Oil receives fourth dividend from Nigerian asset

Africa Oil Corporation has announced that it has received its fourth dividend from Prime Oil and Gas B.V. (POGBV), a company that...

Lekoil seeks $100m for Ogo oilfield drilling

Nigerian energy company Lekoil Limited needs to raise around $100 million before it can start drilling in its Ogo oilfield, its chief...

Waltersmith mini-refinery to start operations in September

…As Nigeria's comatose refineries gulp $367m/year Waltersmith Petroman Oil Limited, a Nigerian independent producer, will open a 5,000-barrel a...
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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.

COVID 19: NIMASA proposes tax incentives for maritime operators

In a bid to stimulate investment and boost activities in the maritime industry, amid the downturn induced by COVID-19, the Federal Ministry...

GMD NNPC seeks separation of roles in oil industry

The Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has called for a clear separation of roles between...

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...