Oil & Gas

July 06, 2020 - 06:17:50 am

On the 1st of June 2020, the Federal Government of Nigeria (“FGN”) via the Department of Petroleum Resources (“DPR”) formally...

July 06, 2020 - 06:16:20 am

 Crude oil production from Aje field, offshore Lagos, fell to 890,203 barrels last year from 1.2 million barrels in 2018, one of...

July 06, 2020 - 06:15:19 am

Black market fuel made from stolen oil in rudimentary “bush” refineries hidden deep in the creeks and swamps of the Niger delta...

July 06, 2020 - 06:14:44 am

The Department of Petroleum Resources (DPR) says there will not be a repeat of past mistakes made in previous exercises in the...

June 29, 2020 - 04:41:47 am

CAPTION|: NNPC Records N9.53bn Operational Loss for March 2020   More facts have emerged on reasons the offshore and remote oil...

June 29, 2020 - 04:36:01 am

The Department of Petroleum Resources (DPR) has expressed concern over non-compliance to established protocols aimed at the...

June 29, 2020 - 04:33:52 am

  The Nigerian National Petroleum Corporation on Wednesday announced a trading deficit of N9.53bn for March 2020, which stood out...

June 29, 2020 - 04:31:54 am

President Muhammadu Buhari will on June 30 flag off the $2.8 billion Ajaokuta-Kaduna-Kano (AKK) gas pipeline construction. The...

June 22, 2020 - 03:31:27 am

Caption: GMD NNPC Mele Kyari represented by the GGM NAPIMS, Mr. Bala Wunti, presented Medical Consumables & Hospital...

June 22, 2020 - 03:28:06 am

 The Major Oil Marketers Association of Nigeria (MOMAN) has expressed concern over the N154 billion loss recorded by Nigeria’s...

June 22, 2020 - 03:27:14 am

Nigerians have taken to Twitter to angrily demand the shut down and sell off of one of the three refineries in Africa’s biggest...

June 22, 2020 - 03:25:28 am

The Organisation of Petroleum Exporting Countries (OPEC) and its allies in the Declaration of Cooperation, called OPEC+, has set...

June 15, 2020 - 12:53:24 am

Caption: Senate Passes Revised N10.8trn Budget Based on $28/bbl oil  The Nigerian National Petroleum Corporation has said some of...

June 15, 2020 - 12:51:31 am

  The contribution of crude oil to the Nigerian economy will shrink fast, a former Minister of State for Petroleum Resources, Dr...

June 15, 2020 - 12:50:56 am

  Mr Mele Kyari, Group Managing Director, Nigerian National Petroleum Corporation (NNPC), has assured that the reduction of Unit...

June 15, 2020 - 12:49:17 am

 Nigeria’s oil sector regulator, Department of Petroleum Resources (DPR) has released strategic plan and policy for the survival...

June 08, 2020 - 07:05:20 am

 The Federal Government says its cylinder recirculation model is aimed at improving safety and reducing cost, in order to...

June 08, 2020 - 07:01:26 am

The Department of Petroleum Resources (DPR) has said that Nigeria’s proven natural gas reserve had become 203.16trillion cubic...

June 08, 2020 - 07:01:14 am

The Nigerian National Petroleum Corporation (NNPC), have stated that it has commenced the online sales and tracking of petroleum...

June 08, 2020 - 06:51:10 am

Nigeria’s efforts to cut its flared gas have been delayed by at least six weeks due to the new coronavirus outbreak, the...

June 08, 2020 - 06:48:01 am

The Federal Government says its cylinder recirculation model is aimed at improving safety and reducing cost, in order to increase...

June 01, 2020 - 07:54:57 am

 The debts profile of Nigerian oil companies to banks has hit $3 billion, heightening the heavy burden on the financial...

June 01, 2020 - 07:54:17 am

Despite the reduction in the price of petrol to N125 per litre, the product was sold above N130 per litre in 17 states in April,...

June 01, 2020 - 07:47:48 am

The Independent Oil Marketers Association of Nigeria (IPMAN) and the Major Oil Marketers Association of Nigeria (MOMAN) have...

June 01, 2020 - 07:47:26 am

The Osun Field Office of the Department of Petroleum Resources (DPR) says it will start enforcing use of  face masks  at filling...

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