Category: Oil and Gas

African oil-producing nations secure 45% funding for $5bn Energy bank

African oil-producing nations are set to launch a $5 billion energy bank in Abuja next...

Crude-for-loans: NNPCL allocates 8m barrels monthly for $8.8bn debt 

The Nigerian National Petroleum Company Limited has committed to delivering 272,500 barrels of crude oil...

Oil prices surge over $1 amid escalating Middle-East tensions

Oil prices surged over a dollar in early trading today amid rising concerns about potential...

Direct lifting of product from Dangote will crush pricing – Oil marketers

Oil marketers have assured Nigerians of a potential decline in the prices of Premium Motor...

Refinery: Dangote calls NNPC’s withdrawal from 20% stake a ‘Big mistake’

The Chief Executive Officer of the Dangote Refinery, Aliko Dangote has criticized the Nigerian National...

FG mandates private employers adheres to N70,000 minimum wage

The Federal Government has mandated that agencies recruiting for the private sector adhere to the...

Gas suppliers demand resolution of multiple taxation Issues

The National Oil and Gas Suppliers Association of Nigeria has urged the Federal Government to...

NIPCO, NGML launch power projects in Lagos

NIPCO Gas, in partnership with Nigerian National Petroleum Company Gas Marketing Limited has launched the...

FG vows to tackle rising cost of cooking gas

The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has said that the Federal...

NNPCL postpones Port Harcourt refinery start date

The Port Harcourt Refining Company, a refinery managed by the Nigerian National Petroleum Company Limited,...

Nigeria’s crude oil production hits 1.3m bpd in July – OPEC 

Nigeria’s crude oil production in July increased to 1.307 million barrels per day, according to...

Edo refinery lament NNPCL’s failure to supply crude

The management of AIPCC Energy Limited, which operates the Edo Refinery and Petrochemicals Company Limited,...