Tight security as Buhari visits Maiduguri for power plant inauguration
Security measures have been beefed up at the Maiduguri Emergency Power Plant project site in Borno ahead of its inauguration by President…
Oil and Gas
Leading source of the latest news and insights for the oil & gas industry; upstream and downstream sector
FG discovers new locations for oil production of 681,000 bpd
The Federal Government has discovered new oil fields with a daily production capacity of 1.52 billion standard cubic feet of gas and…
Cooking gas price increased by 39% one year – NBS
Recent data from the National Bureau of Statistics has shown that the cost of 12.5kg of cooking gas increased from N7,413.25 in…
PTI to be revamped before Buhari regime ends – Committee
In order to train and create local technologies that will operate the oil and gas industry before the current Buhari administration leaves…
PTI tasks matriculants on seeking lasting solution to oil industry
By Christian George Petroleum Training Institute, Effurun, Delta State has matriculated not fewer than 1,718 students in its 2022/2023 academic session.…
How oil spills decreased 73% in Dec 2022 – Report
Recent government data has shown that oil spills brought on by theft and sabotage decreased by 73 percent between August and December…
Fuel scarcity eases gradually after five months
FThe severe fuel scarcity that has plagued the country since November 2022 is gradually phasing out, as petroleum products are already being…
Expect fuel scarcity to end next week – NNPCL
The Nigerian National Petroleum Corporation Limited has assured that the ravaging fuel scarcity in the country will come to an end next…
IPMAN ends strike, orders sale of petrol
Juliet Buna The Independent Petroleum Marketers Association of Nigeria said it has called off the suspension notice earlier sent to its members…
NNPCL, Daewoo sign $740.6m deal for KRPC rehabilitation
The Nigerian National Petroleum Company Limited yesterday, signed with Daewoo Engineering & Construction Nigeria Limited a $740.6m deal for Kaduna Refinery &…
Gas flares to be commercialised by 139 investors – FG
Bisola David The Federal Government announced on Thursday that a total of 139 investors have expressed interest in profiting from…
Eni signs $8bn gas deal with Libya
Oluwanifemi Ojo The chief executive of Italian energy company Claudio Descalzi, said on Saturday that Italian energy company and Libya’s National…