Category: Oil and Gas

Delta govt urges FG not to sack pipeline surveillance companies

The Special Adviser to the Delta State Government on Niger Delta Affairs, Griftson Omatsuli, has...

Why 7.5% VAT on diesel may disrupt fuel supply – NARTO

The Federal Government was urged to end the 7.5% Value Added Tax on Automotive Gas...

148 crude oil theft reported in one week – NNPCL

There were 148 occurrences of crude oil theft registered between September 2 and August 8,...

Nigeria produced 1.4 million bpd of oil in August 2023 – NUPRC

Nigeria produced 1. 4 million barrels of crude oil per day, according to data from...

Sahara Energy, Ministry of Gas, NMDPRA, partner to develop gas

The Nigerian Midstream Downstream Petroleum Regulatory Authority, Sahara Energy Group, and the Ministry of Petroleum are planning...

How Nigeria lost $46bn to oil theft in 11 years – Speaker

Nigeria has sustained significant losses as a result of crude oil theft totaling $46 billion...

Agip didn’t obtain approval before Oando deal – NNPC

Nigerian Agip Oil Company has admitted that it did not have NNPC Limited’s approval before announcing...

Nigeria’s refining output falls to 6,000 b/d – OPEC

Data from the Organisation of the Petroleum Exporting Countries shows that Nigeria’s capability for processing...

Gas revenue falls by N3trn in one year – Report

Data from the Energy Institute, a global professional organization for the energy sector, show that...

Oando acquires 100% Italian-owned NAOC

Nigerian energy company, Oando Plc, has agreed to buy all of the shares of Eni,...

Brent crude sells above $88/barrel, highest since Jan

Brent crude oil was trading at a phenomenal price of more than $88 per barrel...

Nigeria’s crude oil production hits 1.6m bpd – Kyari

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has stated...