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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ENI Terminal Blast Forces Down Oil Production By 25,000 Barrels Per Day
Parent company of Nigerian Agip Oil Company (NAOC), Eni, on Monday declared a Force Majeure – a legal clause in contracts which absolves firms from legal liabilities due to circumstances beyond their control – on expected oil output at its Brass terminal
Stakeholders Commend NCDMB’s Investment In Base Oil Plant
Key stakeholders in the oil and gas industry have commended the Nigerian Content Development and Monitoring Board (NCDMB) for spearheading the development of oil and gas facilities, including Bunorr Integrated Energy Limited which would produce lube oil and other lubricants in the
Strategic Funding Key To Africa’s Oil Industry Growth – Stakeholders
Despite the call for gradual phase out of fossil fuel globally, stakeholders in Africa’s oil and gas believe that there is dire need to make strategic investment through robust funding to boost activities in the sector across the continent.
Oil Firm, Moni Pulo Celebrates Employees In Corporate Praise, Worship
In appreciation of the faithfulness of God to its work, the management and staff of Nigerian indigenous oil firm Moni Pulo Limited recently organized a praise and worship ceremony for the organization and her sister companies. Executive Chairman of the company, Dr
Oil Hits $105 Ahead Of OPEC+ Meeting
Global oil price surpassed $105 a barrel ahead of the meeting of the Organisation of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, known as OPEC+. On Tuesday, Brent Crude futures settled up 7.35 percent to $105.66 a barrel, at
NCDMB Begins Tour Of Facilities With N’Delta Stakeholders
The Nigerian Content Development and Monitoring Board (NCDMB) has kicked off a tour of its facilities in the Niger Delta region with stakeholders, to showcase and sensitize them of its projects and programs in the area. The tour which began in Cross
NCDMB Stakeholder Tour berths In Akwa Ibom
The stakeholder integrated tour of facilities organized by the Nigerian Content Development and Monitoring Board (NCDMB) with stakeholders of the Niger Delta region has arrived Akwa Ibom State. Conducting participants round one of the Board’s signature programmes on Technical and Vocational Education
Sylva Speaks On Economic Impact Of Oil Price Hike
Timipre Sylva, minister of state for petroleum resources, has disclosed that the rise in prices of global crude oil is not good for Nigeria’s economy. Sylva disclosed this while speaking on the rising crude oil prices in an interview with Bloomberg Television,
What Buhari Told Global Community On Natural Gas Exploitation
President Muhammadu Buhari has hinted the global gas exporting countries that his administration would invest and focus more attention on natural gas exploitation in Nigeria. President Buhari made this known at the sixth gas exporting countries forum of heads of state and
Nedogas, NCDMB Commission ‘Massive’ Kwale Gas Gathering Facility
Prime Business Africa reports that the construction and technical commissioning of the 300-MMscfd-capacity Kwale Gas Gathering (KGG) and injection Facility located in the Umusam Community, near Kwale in Delta State has been successfully completed. The KGG is a project of the Nedogas Development
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