Ministers from major oil-producing countries are gathering in Vienna on Thursday to bridge divisions over their output strategy next year, when demand for oil from the Organisation of the Petroleum …
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OPEC and its allies led by Russia on Thursday were moving closer to agreeing one of the deepest output cuts this decade to support crude prices and prevent a glut, …
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The Department of Petroleum Resources (DPR) has promised to make efforts aimed at ensuring that its consumers have adequate supply of petroleum products during the upcoming Yuletide. The DPR operations …
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The Nigerian National Petroleum Corporation (NNPC) Thursday in Abuja reported an oil pipeline fire outbreak along Atlas Cove-Mosimi Pipeline, otherwise, called System 2B pipeline in Baruwa Swamp area of Lagos. The corporation …
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The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Mr. Simbi Wabote, says Seplat Petroleum Development company Plc has not broken any law by its appointment of Mr. Roger …
Read More … Says Operations Will Not be Impacted by Lagos Pipeline Fire Incident The Nigerian National Petroleum Corporation (NNPC) Thursday in Abuja reported an oil pipeline fire outbreak along Atlas …
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(L-R) GMD, Aiteo Eastern Exploration & Production Co. Ltd., Victor Okoronkwo; Executive Secretary, NCDMB, Engr. Simbi Wabote; Minister of State for Petroleum Resources, Chief Timipre Sylva; NLNG MD, Tony …
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OPEC is gearing up to deepen production cuts later this week but still needs to agree with allies such as Russia over details of a deal to support oil prices …
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A United Kingdom, UK, court yesterday dropped an application by some leaders of Ejamah Ebubu community in Ogoniland to register the judgement of a Nigerian Federal High Court in the …
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The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDM), Mr Simbi Wabote, says the 650,000 barrels per day Dangote Refinery project is an actualisation of Local Content development in Nigeria. …
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Nigerian Liquefied Natural Gas (NLNG) says it is 97 per cent ready to take Final Investment Decision (FID) on its capacity expansion project, the Train 7 project. Mr. Tony Attah,, …
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Oil and Gas industry stakeholders on Wednesday called for a streamlined regulatory environment to attract investment and make the sector competitive. The stakeholders made the submission at the ongoing Practical …
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Aiteo Eastern Exploration and Production, operators of OML 29, says the activities of oil thieves have assumed alarming proportions, leading to loss of about four million barrels of crude in …
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The Integrated Data Services Limited, IDSL, a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has recorded a significant increase in its revenue base from N5.5billion in 2016, N7.6billion in …
Read More Waltersmith modular refinery, a 5,000 barrels per day production capacity facility being promoted by Nigerian Content Development and Monitoring Board (NCDMB), will commence operations in July 2020, an official says. …
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L-R Executive Secretary, Nigeria Content Development and Monitoring Board, Simbi Wabote; Minister of State for Petroleum Resources, Timipre Sylva; Managing Director, Shell Petroleum Development Company and Country Chair, …
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The Department of Petroleum Resources (DPR), Osogbo Field Office, has assured residents of the state of adequate supply of Premium Motor Spirit (PMS), also known as petrol, during and after …
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A pipeline operated by the Shell Petroleum Development Company, SPDC, has erupted and spilled crude in Eneka community, Obio/Akpor Local Government Area of Rivers State. The cause of the eruption …
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Gasoline cracks and high prices for competing North Sea grades kept price offers high for light, sweet Nigerian crude, though two key streams have suffered loading issues. * A slightly …
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The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kyari, has urged members of Petroleum Technology Association of Nigeria, PETAN to focus more on gas development …
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The Department of Petroleum Resource (DPR) has assured Nigerians of adequate supply of products across the country before, during and after the yuletide season. Acting Director of Operations, Abuja Zonal …
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The Minister of State for Petroleum Resources, Chief Timipre Sylva says Nigeria has met the 100 per cent target agreement entered into by Oragnisation of petroleum Exporting Countries (OPEC) and …
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L-R Chief Operating Officer for Gas and Power, Nigerian National Petroleum Corporation,Yusuf Usman; Chairman, Petroleum Technologies Association of Nigeria (PETAN), Bank-Anthony Okoroafor; General Manager, Business and Government Relations, The Shell …
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******* To add value to crude oil refining in Africa Dangote refinery has taken delivery of the world largest crude distillation column equipment with capacity of refining 650,000 crude oil. …
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Members of Aghoro 1 community, Ekeremor Local Government Area in Bayelsa on Friday expressed dissatisfaction over the compensation that Shell Petroleum Development Company of Nigeria (SPDC) offered to pay for …
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The Lagos State Government has called for caution in the storage and use of gas for domestic and commercial purposes. Dr Dolapo Fasawe, the General-Manager of the Lagos State Environmental …
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The 5th Summit of Heads of State and Government of the Gas Exporting Countries Forum Member Countries was convened in Malabo, Equatorial Guinea on November 29, 2019, under the patronage …
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Oil prices were mixed on Friday in quiet trade, with the U.S. Thanksgiving holiday limiting activity, while investors awaited a meeting of OPEC and its allies next week that may …
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Oil prices fell for a second day on Thursday after official data showed U.S. crude and gasoline stocks rose and President Donald Trump signed into law a bill backing protesters …
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The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), says it has distributed no fewer than 10,000 6kg cooking gas cylinders with burners to Nigerians in the last 12 months. …
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