Oil and Gas
PIA: NUPRC Assures Proper Implementation, Domestic Crude Supply
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the commission is committed to effective implementation of the Petroleum Industry Act (PIA 2021)...
Nigeria Produces 1.49million Barrels Of Crude Oil in October, Highest In Two Years – Survey
Nigeria's oil production surged to 1.49 million barrels in October, marking the highest output in the past two years, according...
Wabote Commissions 200 Ton MG VOWGAS Facility
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr.Simbi Kesiye Wabote has commissioned the newly built...
Mobil Withdraws Suit Following Presidential Policy Directive Strengthening NUPRC’s Powers
Mobil Producing Nigeria Unlimited has withdrawn the suit it filed against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)....
Senate Wants Investigation On Implementation Of PIA
Senate at plenary has urged its Committees on Petroleum Downstream and Gas to conduct a holistic investigation on the implementation...
OTL Africa: FG Urges Downstream Players To Pool Resources Into Refining Petroleum Products
Mr Gabriel Aduda, the Permanent Secretary of the Ministry of Petroleum Resources, says the ministry plans to review the implementation...
Surging Oil Prices Bolster Nigeria’s Foreign Reserves, As Naira Strengthens By 5.5% in Official Market
Over the past three weeks, Nigeria's external reserves have surged by 0.21%, attributed to the combined effects of heightened oil...
Dangote Refinery To Power African Oil Demand Surge Over the Next Decade-Report
Dangote Refinery In a promising forecast, the International Energy Agency (IEA) anticipates that the Dangote Refinery,...
OTL Africa Week: Stakeholders Converge To Brainstorm On Downstream Refining, Govt. Policies
The downstream petroleum and gas value chain will converge to discuss issues with oil refining, petroleum products trading, shipping, tank...
NNPCL Records 205 Crude Oil Theft Incidents In One Week
The Nigerian National Petroleum Company Limited (NNPCL) has confirmed that between October 7 and 13, there were 205 crude oil...
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