Oil & Gas

Dr. Ibe Kachikwu (middle) being welcomed at the arrival stand by the MD of Nigerian LNG, Mr. Tony Attah (right)  and DMD Mai Bornu at the NLNG office in Bonny Island last week during the  Train7 project of the Nigeria LNG designed to improve Nigeria's gas exports and move the nation from the 7th to 3rd largest LNG exporter globally.

August 13, 2018 - 03:09:59 am

Petroleum tank farm operators at the popular Ibru Complex at Coconut axis of Apapa-Oshodi expressway have accused personnel of...

August 13, 2018 - 03:07:31 am

The Independent Petroleum Marketers Association of Nigeria (IPMAN) says there is the likelihood of scarcity of petrol in Ibadan...

August 13, 2018 - 03:05:59 am

The Nigerian Association of LPG Marketers (NALPGAM) says it plans to increase local consumption of cooking gas from 700,000...

August 13, 2018 - 03:03:03 am

The construction of the 650,000 barrels of crude oil per day Dangote Refinery by the Dangote Group is expected to help Nigeria...

August 13, 2018 - 03:01:04 am

The Nigerian Content Development and Monitoring Board (NCDMB) says it will retain $14 billion from the $20 billion spent in the...

Group Managing Director of NNPC, Dr. Maikanti Baru receives a certificate from the President, Nigerian Society of Engineers, Engr. Adekunle Mokuolu shortly after delivering the 12th Edition of the Nigerian Mechanical Engineers Distinguished Lecture in Abuja last week. 

August 06, 2018 - 03:20:32 am

Despite recent reports of massive importation of cooking gas known as Liquefied Petroleum Gas (LPG), the price of the commodity...

August 06, 2018 - 03:13:29 am

Despite the sustained increase in crude oil price seen this year, the banking sector remains heavily exposed to the oil and gas...

August 06, 2018 - 03:10:22 am

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said that petrol allocation by the Nigeria National...

August 06, 2018 - 03:08:39 am

Between March 2017 and March 2018, a period of 13 months, the Nigerian National Petroleum Corporation (NNPC) incurred a loss of...

Minister of state for Petroleum, Dr. Ibe Kachikwu (right front row) Energy Minister of Niger, Foumakoye Gado signing an agreement for construction of a Hydrocarbon Pipeline from Republic of Niger to Nigeria and Establishment of a New Refinery as Presidents Muhammadu Buhari (right back row) and his Nigerien counterpart, Mahamadou Issoufou oversee the process.

July 30, 2018 - 01:43:21 am

There are indications that Nigerian ports and jetties last week alone received a total of 451,633 litresof various petroleum...

July 30, 2018 - 01:40:32 am

Lagos State Governor;  Mr Akinwunmi Ambode has told the Minister of State for Petroleum, Ibe Ikachukwu, that construction of fuel...

July 30, 2018 - 01:38:43 am

 The Department of Petroleum Resources (DPR) said the Federal Government earned N748 billion from taxes and royalties paid by oil...

July 30, 2018 - 01:37:21 am

 Nigeria and the Republic of Niger on Tuesday in Abuja signed Memorandum of Understanding (Mou) on the construction of two...

July 30, 2018 - 01:35:38 am

 The Executive Secretary of Petroleum Technology Development Fund (PTDF), Bello Aliyu Gusau, said the organization is working...

Group Managing Director of NNPC, Maikanti Baru (right) honored by PENGASSAN, award presented by Operating Officer, Corporate Services, Mallam Isa M. Inuwa and Chief Financial Officer, Alh. Isiaka Abdulrazak.

July 23, 2018 - 03:11:57 am

Downstream activities at petroleum tank farms located at Ibru complex at Coconut axis of Apapa-Oshodi expressway is on the very...

July 23, 2018 - 03:10:03 am

 The Senate has approved the payment of N348 billion as outstanding subsidy claims to 74 petroleum marketers. Some of the Oil...

July 23, 2018 - 03:08:15 am

Dr Frank Jacobs, President, Manufacturers Association of Nigeria (MAN), has called for the privatisation of the country’s four...

July 23, 2018 - 03:07:10 am

Sale of petroleum products by the Pipeline and Products Marketing Company (PPMC) decreased from the N198.94 billion realised in...

CEO of China National Offshore Oil Corporation, Yuan Guangyu (left) being received at the NNPC headquarters in Abuja last week by the COO ventures of the NNPC, Dr. Babatunde Adeniran 

July 16, 2018 - 04:24:33 am

 The National Union of Petroleum and Natural Gas Workers (NUPENG) has warned Lagosians to expect about 1000 petroleum tankers...

July 16, 2018 - 04:22:03 am

Danvic Petroleum International Corporation has unveiled plans to establish a privately owned Petroleum Institute/University to...

July 16, 2018 - 04:19:56 am

 The Senate Committee on Gas on Friday, said deployed major stakeholders’ absence at its investigative sitting on the alleged one...

July 16, 2018 - 04:18:30 am

 The Nigerian National Petroleum Corporation (NNPC) says it will deliver about 3.4 billion standard cubic feet per day ( bscfd )...

July 16, 2018 - 04:16:54 am

House of Representatives has resolved to probe the financial records of the Nigerian National Petroleum Corporation, NNPC from...

Nigerian former head of state General Abdusallam Abubakar in a handshake with the Group Managing Director of NNPC, Dr. Maikanti Baru when he was conferred with a fellowship award by the Ibrahim Badamasi Babangida (IBB) University, Lapai, Niger State recently.

July 09, 2018 - 05:39:36 am

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said that the activities of airlines conveying Muslim...

July 09, 2018 - 05:36:57 am

 The Nigerian Content Development and Monitoring Board, NCDMB, has taken a 30 percent stake in the 5,000 barrels per day...

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