Industry

Petroleum marketers in the country say there is no going back in their plan to import fuel from outside the country to crash the price of the product. PlatinumPost reports that the Independent Petroleum Marketers Association of…
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Dangote Refinery and Petrochemical is set to begin fuel exports to eight African countries, including South Africa, Angola, Namibia, Niger Republic, Chad, Burkina Faso, Central African Republic, and Ghana, The Punch reports. …
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Gabriel Mbaga Lima By Ese Ufuoma  Gabriel Mbaga Lima, former Minister of Mines, Hydrocarbons, and Finance of Equatorial Guinea, has warned that Africa’s ongoing food, energy, and manufacturing crises are jeopardizing the continent's…
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As part of the strategies to increase Nigeria’s crude oil production and enhance revenue accruing to the national treasury, the Nigerian Content Development and Monitoring Board (NCDMB) has advocated for a week in each year to be…
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The spokesperson for the Nigerian National Petroleum Company Limited (NNPCL), Mr. Olufemi Soneye, states that the Group Chief Executive Officer (GCEO) of the company, Mr. Mele Kyari, ensures that Nigerians buy fuel at N620 per liter…
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A multi-million dollar pipe threading and valve assembly facility built by Bell Oil & Gas was commissioned on Tuesday at Lekki Free Zone, Lagos State by the Executive Secretary, Nigerian Content Development and Monitoring Board…
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By Ese UfuomaFor decades, the global oil industry has been dominated by a handful of nations, primarily in the Middle East, North America, and parts of Africa. However, the landscape of oil production is undergoing a significant…
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By Gideon Osaka Recent developments within the Compressed Natural Gas (CNG) space particularly the mass deployment of CNG stations, CNG-powered cars, motorcycles and other CNG-based initiatives, have shown strong signs of the…
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By Gideon OsakaOn Tuesday, October 22, 2024, marked a historic turning point for Nigeria’s electricity supply industry as the first-ever state electricity regulatory commission officially assumed regulatory oversight of a sub-national…
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By Ese Ufuoma Sixty-four years after Nigeria achieved independence, the nation’s oil sector remains a complex narrative of potential, struggle, and missed opportunities. Despite boasting some of the largest proven oil reserves…
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