Kolmani Oil Project: We’ve enticed over $3bn enterprise in fossil energy – Buhari
President Muhammadu Buhari says his administration has tempted over US$3 billion investment in the Oil and Gas Sector at a...
Oil and Gas
Senate approves N48bn pipeline defense contract to ex-militant leader
The Senate has authorized the Federal Government’s N48 billion oil pipeline supervision contract to Government Ekpemupolo, popularly known as Tompolo....
Security fortified as Buhari inaugurates Kolmani oil drill in N/East
Security measures have been beefed up at the Kolmani River II Oil Field located at a border community between Bauchi...
Petrol subsidy not sustainable – IPMAN
The Independent Petroleum Marketers Association of Nigeria (lPMAN), says subsidy on Premium Motor Spirit, popularly known as petrol, is no...
Fuel scarcity: IPMAN blames private depots over hike in fuel price
The Independent Petroleum Marketers Association of Nigeria (IPMAN), Western Zone, has attrubuted the increase in the pump price of Premium...
IPMAN condemns incessant crude theft, pipeline vandalism
The Independent Petroleum Marketers Association of Nigeria (IPMAN), Western zone, has urged Federal Government to bring crude oil theft and...
OML 46: Ijaw National Congress applauds Diri’s effort to recover oilfield
The Ijaw National Congress (INC), a socio-cultural organisation, has commended Gov. Douye Diri, for his effort to recover the state...
NMDPRA disburses over N103bn bridging claims to oil marketers in 9 months
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it disbursed a total of 103,037,183,922.91 billion Naira bridging claims...
NNPC ready for forensic audit of fuel supply
The Nigerian National Petroleum Company Limited (NNPC Ltd) has offered to submit itself for forensic audit of fuel supply and...
OPEC daily basket price now at $101.04 per barrel
The price of the Organisation of the Petroleum Exporting Countries (OPEC) basket of 13 crude oil samples stood at 101.04...
Ending petrol subsidy extremely difficult but inevitable – MOMAN
The Major Oil Marketers Association of Nigeria (MOMAN) says ending subsidy on Premium Motor Spirit (PMS) is extremely difficult but...
NNPC Ltd launches crude theft monitoring applications
The Nigerian National Petroleum Company Limited (NNPC Ltd.) on Friday launched ‘Crude Theft Monitoring Applications’ to curb oil theft and...
Huge investment opportunities in Nigeria’s energy transition abound – Seplat
Seplat Energy Plc on Wednesday said there were huge business opportunities for investors in Nigeria’s transition to cleaner sources of...
Oil theft: SPDC to deploy drones to monitor pipelines, wellheads
The Shell Petroleum Development Company (SPDC) has signed a contract to acquire drones to monitor its pipelines and wellheads in...
Marketers hail unveiling of new NNPC, task company on competitiveness
The Major Oil Marketers Association of Nigeria (MOMAN) and the Independent Petroleum Marketers Association of Nigeria (IPMAN) have hailed the...
Nigeria’s crude oil production averaged 1.238m bpd in June – OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil production increased to an average of 1.238 million...
N165 pump price: NMDPRA monitors petrol depots, stations
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Monday said it had deployed its officials to petroleum depots...
Abia Govt. urges host communities to protect oil facilities
Abia Government has charged the oil producing communities in Ukwa West Local Government Area (LGA) to protect the oil facilities...
Reps query NNPC’s $49m refineries integrity test contract
The House of Representatives has queried the 2019, 49 million dollars contract for integrity test on Nigerian refineries awarded to...
We’ll no longer guarantee regular supply of petroleum products, say IPMAN south-East
Some members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) in the South-East say they will no longer guarantee...
