NOSDRA DG commends Total Energies efforts for protecting oil facilities 

Chief Chukwuemeka Woke, the Director-General, National Oil Spill Detection and Response Agency (NOSDRA) has commended Total Energies for its proactive steps towards ensuring effective surveillance and protection of oil facilities. Woke stated this at the Port Harcourt International Airport, Omagwa, on Tuesday, while inspecting a West African Surveillance Platform (WASP) workshop for Total Energies’ personnel. […]Read More

Infrastructure, key to developing Nigeria’s gas resources – Shell

Shell has called for the development of infrastructure to promote the growth of domestic gas and monetisation of the resource. “The infrastructure will support the delivery of gas from producers to consumers in an efficient way that is also transparent and cost effective,” Managing Director Shell Nigeria Gas (SNG) Ralph Gbobo said at a panel session at the […]Read More

Chinese CNOOC to Begin $2.74 Billion Upgraded Refinery Complex

The China National Offshore Oil Company (CNOOC), a state-controlled entity, is preparing to inaugurate a refinery and petrochemical complex later this year after a significant $2.74-billion upgrade, as reported by Reuters on Tuesday, citing industry insiders. The revamped joint venture complex, located on Daxie Island in Ningbo, will include a new 120,000-barrels-per-day (bpd) crude unit. […]Read More

OPEC+ to proceed with planned April oil output hike

OPEC+ has decided to proceed with a planned April oil output hike, the group said on Monday, a move that follows U.S. President Donald Trump renewing pressure on OPEC and Saudi Arabia to bring down prices. The increase is the first since 2022 from OPEC+, which includes the Organization of the Petroleum Exporting Countries, plus Russia and […]Read More

IPPG Highlights Bold Future For Nigeria’s Energy Sector

The Independent Petroleum Producers Group (IPPG) has lauded President Bola Tinubu for his bold policy reforms and visionary leadership in revitalising Nigeria’s energy sector. HIGHLIGHT At the 8th Nigeria International Energy Summit (NIES 2025) opening ceremony, Abdulrazaq Isa, IPPG Chairman, highlighted the administration’s role in driving industry advancements, restoring investor confidence, and positioning Nigeria as […]Read More

Seplat Energy Attributes Exponential Growth To Strategy, Strong Governance And

Seplat Energy Plc, Nigeria’s leading indigenous energy company has attributed its exponential growth over the years to well thought-through strategies, strong governance practice and dedicated people, stressing that the quest to develop Nigeria and the support from the Nigerian government remain very cardinal.   Seplat Chief Executive Officer, Mr. Roger Brown, said this in Abuja […]Read More

Shell pledges support for reforms in Nigeria’s oil and gas

Shell has pledged support for the recent reforms in the oil and gas industry in Nigeria, describing them as a good way to reposition the sector for growth and profitability. IMPROVEMENT IN NIGERIA OIL & GAS “We welcome the reforms by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) which have already improved crude oil production […]Read More

Nigeria’s Crude Oil Production Potential Hits 2.24 Million BPD, Says

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that Nigeria’s technical potential for crude oil production stands at 2.24 million barrels per day (bpd), significantly higher than the current production quota of 1.75 million bpd. This announcement was made by Gbenga Komolafe, the Chief Executive of NUPRC, during the ongoing Nigeria International Energy Summit […]Read More

Dangote Refinery Cuts Petrol Price By N65 Ahead Of Ramadan 

Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N890 to N825 per litre. This new pricing will take effect on February 27, 2025, marking the refinery’s second price cut this month. Earlier in the month, on February 1, the refinery had already […]Read More

We Account for 50% of Nigeria’s Oil Output, Says Indigenous

The Independent Petroleum Group (IPPG) has praised the federal government for successfully concluding divestment deals by International Oil Companies (IOCs) in Nigeria. According to the IPPG, these divestments have significantly increased the activities of indigenous companies, which now contribute approximately 50% to the country’s total oil production. Abdulrazaq Isa, Chairman of the IPPG, made these […]Read More

Join Whatsapp group
Subscribe To Our Newsletter

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our team.

You have Successfully Subscribed!