The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) says it has finalised an agreement with Dangote Refinery for the supply of petrol for Christmas...
Shell Petroleum Development Company, SPDC, says it has signed community content plans on specific services and supplies to be provided by communities in the Niger Delta...
Shell Companies in Nigeria said they awarded contracts worth $1.98 billion to indigenous companies in 2023 as part of steps taken to enhance local content in...
The Petroleum and Natural Gas Senior Staff Association of Nigeria has confirmed that the Port Harcourt Refinery has resumed production. PENGASSAN president Festus Osifo disclosed this...
Nigerian Content Development and Monitoring Board, NCDMB, yesterday disclosed that it has achieved a 56 percent local content level in Nigeria’s oil and gas industry. NCDMB said efforts...
Springfield Exploration & Production and its partners on the West Cape Three Points Block 2 – namely, the Ghana National Petroleum Corporation (GNPC) and GNPC Exploration...
Oil prices rose on Monday, as strong factory activity in China buoyed hopes of higher demand, and as escalating tensions in the Middle East, where Israel...
Major oil marketers have sourced 148,463,142 litres of Premium Motor Spirit, PMS, also known as petrol from the Dangote Petroleum Refinery following increased domestic availability. The...
Old Port Harcourt Refinery is currently operating at 70 per cent of its installed capacity, with plans to ramp up to 90 per cent. Meanwhile, the...
The Port Harcourt Refinery has officially begun processing crude oil, marking a significant milestone in Nigeria’s energy sector. This development comes after a $1.5 billion renovation...
Nigerian National Petroleum Company Limited, NNPCL, said there is no discrepancy between its crude oil production figures and those supplied by the regulatory agency, the Nigerian...
The presidency has revealed that an impressive $7.5 billion is being saved annually from funds previously allocated to fuel subsidy following its removal. Sunday Dare, the...
The Nigerian government’s plan to sell crude priced in the local currency is faltering, with refiners, including the giant Dangote Oil Refinery, saying they are still...
Nigeria National Petroleum Company Ltd. is seeking term customers for its new crude oil grade Utapate and is aiming to double output by the end of...
Oil prices rose on news on Monday that output at Norway’s giant Johan Sverdrup oilfield has been halted, adding to earlier gains stemming from escalation in...