The National Security Adviser (NSA), Malam Nuhu Ribadu, says the country is still losing 400,000 barrels of crude oil daily to local and international thieves despite efforts to end the menace. Ribadu confirmed this when he led a presidential delegation…
…Says FG committed to ending fuel importation By Akinyemi Precious The Federal Government has announced it’s intention to reinstate the Port Harcourt refinery. This was made known in a press release by the NNPC signed by the Chief Corporate Communications…
The Independent Petroleum Marketers Association of Nigeria (IPMAN), has condemned what it described as the attempt by State governments to take over the role of the regulator of the downstream petroleum operations in Southeast. Chairman of IPMAN, Enugu Depot, Mr…
An oil theft situation assessment delegation deployed in the Niger Delta by President Bola Tinubu discovered an illegal oil connection on Saturday. From the illegal connection discovered at Owaza in Abia, Nigeria loses an average of 7.2 million dollars monthly,…
The Arewa Oil and Gas Marketers Association (AROGMA), said it has concluded arrangements to invite foreign companies to invest in the domestic gas utilization value chain in the country, especially in the northern part of the country. The Chairman of…
Troops of 6 Division Nigerian Army have continued to crack down on saboteurs of Nigeria’s oil sector in South South Nigeria by destroying a massive illegal refinery in Delta State. Director, Army Public Relations, Brigadier General Onyema Nwachukwu, who disclosed…
Nigeria LNG Limited (NLNG) has restated its committent to the Global Memoranda of Understanding (GMoU), signed with its host communities in 2021, to drive community-initiated sustainable development. The Company stated this on Tuesday at the commissioning of projects by the…
The President of the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), Mr Oladapo Olatunbosun has charged the Minister of State Gas Resources, Ekperikpe Ekpo to transition Nigeria to gas-based economy and further develop blueprint to boost exploration and production.…
Despite the significant increase in the oil rig count to 14 in Q1 2023 from 8 rigs in Q1 2022 based on the August 2023 monthly oil market report by the Organization of the Petroleum Exporting Countries and Allies (OPEC+),…
By Akinyemi Precious The Rural Electrification Agency (REA), through the Nigeria Electrification Project (NEP), has completed the deployment of 103 mini-grids across Nigeria, providing electricity for over 46,000 households and small businesses. This was disclosed by the Managing Director of…
