The protracted dispute on Oil Mining Leases (OMLs) 123/124, 126/137, operated by Addax Petroleum Nigeria Limited, has finally been laid to rest, paving the way for much-needed investment and growth of the oil blocks. Mr ...
Nigeria loses at least 700,000 barrels of crude oil to thieves daily, Minister of State for Petroleum Resources, Chief Timipre Sylva said in Effurun, Delta on Saturday. He made the assertion at the 2002 graduation ...
President Muhammadu Buhari has expressed delight as he witnessed signing of the Memorandum of Understanding (MoU) between Nigerian National Petroleum Company (NNPC) Ltd and Daewoo Group for the rehabilitation of the Kaduna refinery. Mr Femi ...
The Nigerian National Petroleum Company (NNPC) Limited says it has completed the acquisition of OVH Energy Downstream assets to strengthen its downstream business portfolio to enhance profitability and guarantee National Energy Security. NNPC Limited made ...
Average price of 5kg cooking gas increased from N4,397.68 in July to N4,456.56 in August. The assertion was made by the National Bureau of Statistics (NBS), in its Cooking Gas Price Watch issued on Tuesday ...
Triple A Petroleum, a South Sudanese wholesale and retail supplier of petroleum products and logistics services, has championed the need for enhanced female participation, representation and engagement within the local oil and gas industry. The ...
Chevron has been announced as the Titanium sponsor of Africa Oil Week (AOW). The leading U.S. fuel company will be represented at AOW – held in heart of Cape Town. The AOW is the meeting ...
Ahead of Nigeria’s 60th independence on Oct. 1, capital market experts and Organised Private Sector (OPS) players have decried the heavy reliance on oil crude over the years for the nation’s economic development. SEE ALSO: ...
A consortium of Civil Society Organisations (CSOs) has asked the Central Bank of Nigeria (CBN) to ensure level playing ground for all oil marketers in accessing Foreign Exchange (FOREX) for importation of petroleum products. SEE ...
The Department of Petroleum Resources (DPR) says it has outlined four cardinal focus for downstream operations in its bid to continue to enable business and create opportunities in the oil and gas sector. SEE ALSO: ...
Recent Comment