… as Dangote refinery exports jet fuel to Saudi Aramco The Federal Government has been urged to support local industries to drive economic growth and meet the $1 trillion economy target. The call was made on Tuesday by the Nigerian Economic Summit Group (NESG) during a visit to Dangote Fertiliser Limited and the Dangote Petroleum […]Read More
The Nigerian National Petroleum Company Limited (NNPCL) and First Exploration & Petroleum Development Company Limited (First E&P) Joint Venture (JV) has successfully achieved a 96% reduction in routine flaring of associated gas (AG) from the Anyala (OML 83) and Madu (OML 85) fields. This is a significant stride towards supporting Nigeria’s commitment to reducing greenhouse gas […]Read More
Although Nigeria continues to ramp up oil production, a report by PwC, a global business advisory firm, has indicated that the nation will need to raise crude output by 37 per cent to achieve the federal government’s ambitious feat of N36.35 trillion revenue in 2025. In December 2024, after years of stalling, Nigeria finally hit […]Read More
The West African Gas Pipeline Company Limited (WAPCO), owner and operator of the West African Gas Pipeline (WAGP), has suspended the supply of natural gas from Nigeria to Ghana, Benin and Togo following major pipeline maintenance activities from February 5 to March 2, 2025. The company said in a statement that these activities include the […]Read More
PE Energy, a subsidiary of PANA Holdings, has reaffirmed its commitment to supporting Nigeria’s efforts to eliminate routine gas flaring and reduce methane emissions, in alignment with global climate commitments and regulatory frameworks. At COP28 in the UAE, President Bola Ahmed Tinubu underscored Nigeria’s determination to tackle methane emissions, a potent greenhouse gas that constitutes […]Read More
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued a stern warning to oil companies, stating that it will deny export permits for crude oil cargoes intended for domestic refining if they fail to meet their domestic crude supply obligations. This announcement was made by Gbenga Komolafe, the Commission’s Chief Executive, in a statement released […]Read More
The Nigerian National Petroleum Company (NNPC) Limited have launched five mini-Liquiefied Natural Gas (LNG) Plants in Ajaokuta, Kogi State. The Plants, launched alongside partners, have a combined capacity of 97 million standard cubic feet of gas per day (mmscf/d). NNPC stated that this furthers its efforts to deepen domestic gas utilisation, in line with the […]Read More
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has approved the development of a new refinery with a processing capacity of 10,000 barrels per stream day in Delta State. NMDPRA disclosed that the licence to establish the refinery was granted to MRO Energy Limited, an energy firm, for its facility […]Read More
Dangote Refinery has reassured Nigerians that petrol will be sold at ₦970 per litre nationwide through its three key partners, despite a recent adjustment to its ex-depot price. Anthony Chiejina, a spokesperson for the refinery, attributed the price adjustment to a significant rise in global crude oil prices. In a statement released on Sunday, Chiejina […]Read More
The Niger State Emergency Management Agency (NSEMA) has confirmed that at least 86 people tragically lost their lives in a tanker explosion at Dikko Junction along the Abuja-Kaduna Expressway. The incident occurred on Saturday, 18 January 2025, in Gurara Local Government Area of Niger State. According to Abdullahi Baba Arah, the agency’s Director General, all […]Read More
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