Dangote Refinery Pledges Uninterrupted Fuel Supply, Cites Tariff Policy as Boost to Local Industry
The Refinery currently produces over 45 million liters of PMS and 25 million liters of diesel daily.
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Savannah Energy’s Accugas Begins First Gas Sales to FIPL’s Trans Amadi Power Plant
Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter in Africa, is pleased to announce that Accugas Limited (“Accugas”), the Company’s 80% indirectly owned subsidiary, has commenced gas sales to First Independent Power Limited’s (“FIPL”)
N4tr Fuel Subsidy: We Can’t Tell Actual Beneficiaries – Marketers
With the return of fuel scarcity in different cities and looming hike in the price of the product, petroleum marketers have said they are not benefiting from the subsidy programme of the Federal Government meant to reduce the cost for ordinary Nigerian
You’re Free To Sell Fuel Above N180, IPMAN Tells Marketers
Independent Petroleum Marketers Association of Nigeria (IPMAN) has asked marketers across the country to begin dispensing petrol at N180 per litre and above. The petroleum marketing body gave the hint on Monday at a press briefing in Lagos, where it explained that
Raise Adequate Manpower To Tackle Challenges Of Energy Transition, Wabote Advises FG, Other Stakeholders
As the energy transition mantra takes centre stage globally, the Federal Government and other stakeholders in the oil and gas industry have been advised to intensify efforts in the promotion of quality petroleum education and development of competent manpower to help Nigeria
NCDMB Set To Disburse $40m Women Fund
he Nigerian Content Development and Monitoring Board (NCDMB) has disclosed it's readiness to disburse the $40m Women in Energy Fund
Diesel Price To Rise From N800 To N1,500 In Two Weeks
The Natural Oil and Gas Suppliers Association (NOGASA), Bennett Korie, said in the next two weeks, the price of diesel per litre will rise to N1,500 from N800, due to importers inability to access foreign exchange (forex) at Central Bank of Nigeria
Pres. Buhari Loses $1.7bn case, As UK Court Rules In Favour Of American Firm, JP Morgan Chase
Nigeria loses it lawsuit against JP Morgan Chase Bank, after Judge Sara Cockerill, of the British High Court, ruled against the country on Tuesday, in the fraud case relating to the Malabu Oil scandal 11 years ago. The country had filed $1.7
Nigerians Spent N156.5 billion In Two Weeks On Petrol, Lagos Leads States
In two weeks, Nigerians consumed 966.58 million litres of petrol, which cost them about N156.58 billion, in May, according to the Nigerian National Petroleum Company (NNPC), with Lagosians spending the highest amongst state. According to data on NNPC Premium Motor Spirit (PMS)
Russia-Ukraine War: Buhari’s Gov’t Spends N947.51 billion On Fuel Subsidy In 4 Months
Nigeria spent N947.51 billion on petrol subsidy within the first four months of this year, as rising crude oil price eats into the revenue generation of the country, surging by 55.7%, to rise from $78.98 to $122.99 between January to April, amid
NCDMB Moves To Sanction Companies For Non-Compliance With HCD Guidelines
NCDMB stressed the importance of human capacity development initiatives in the oil and gas industry and urged companies to adhere to HCD guidelines
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