Oil and Gas
FEC Okays NNPC, ECOWAS Deal On Nigeria-Morocco Gas Pipeline
The Federal Executive Council (FEC) has given approval for the NNPC to enter into agreement with ECOWAS for the construction...
Nigeria, Others Need $15.7bn to Upgrade Existing Refineries – Refiners Group
The African Refiners and Distributors Association (ARDA) has said Nigeria and other African countries would need at least $15.7 billion...
Sylva, Stakeholders Dialogue On 1.4mbpd Refining Target
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has engaged oil and gas stakeholders on actualising Nigeria’s domestic...
Oil Sector Growth Dropped By 26% In Q1 – NBS Report
Real growth of the oil sector was –26.04% (year-on-year) in the first quarter of 2022, indicating a decrease of 23.83...
Oil Marketers Seek Investments In New Trucks
Executive Secretary of the Major Oil Marketers of Nigeria, Clement Isong, has called for investments in new trucks. He said...
FG Partners Oil Logistics Company On Regulation, Standards
Nigerian Midstream and Downstream Petroleum Regulatory Authourity (NMDPRA), says it will partner Oil Trading and Logistics (OTL) Africa Downstream to...
Africa Needs $25bn Global Investment Annually To Access Clean Cooking By 2030 — Sylva
The Minister of State for Petroleum Resources, Chief Timipre Sylva said that annual global investment of $25 billion could help...
NCDMB To Deepen Local Content in Midstream, Downstream Sectors
The Nigerian Content Development and Monitoring Board (NCDMB) has observed that despite huge investments in Nigeria’s oil and gas industry,...
Retail Price For Petrol Increases To N172.61 In April 2022 – NBS
The National Bureau of Statistics (NBS), says the average retail price paid by consumers for Premium Motor Spirit (Petrol) increased...
Average Price For 5kg Cooking Gas Increases To N3,800.47 – NBS
The National Bureau of Statistics (NBS), says the average price for refilling a 5kg gas cylinder of Liquefied Petroleum Gas...
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