Nigeria’s average crude oil production in the month of September declined by as much as 33,000 barrels to 1.405 million barrels per day. In its October oil market report, the Organisation of Petroleum Exporting Countries (OPEC) revealed that Nigeria’s crude…
The Nigerian Electricity Regulatory Commission (NERC) has revealed that customers from Benin Republic, Niger, and Togo owe the country $5.79 million for electricity supply in the second quarter of this year. The commission disclosed this in its latest quarterly report…
Shell Petroleum Development Company (SPDC) and its joint venture partners, NNPC Ltd, TotalEnergies Ltd, and Eni have inked a Gas Sales and Purchase Agreement (GSPA) for the Brass Fertilizer and Petrochemical project in Bayelsa State. This landmark agreement, supervised by…
A Floating Production Storage and Offloading (FPSO) facility by Century Group JV and its partners is set to alleviate Nigeria’s ailing oil production woes by 40,000 barrels per day upon completion next year, Minister of Petroleum Resources (Oil), Heineken Lokpobiri…
…As company aims to boost LPG consumption to 5mmt The Managing Director/ CEO of NIPCO Plc, Suresh Kumar has appealed to the Federal Government to increase its support for local gas producers, gas processing companies and marketers to reduce the…
A consortium of energy companies comprising of Eterna Plc, Masters Energy, Techno Oil, Quest Oil, Rahamaniyya, Ibafon Oil, and First Deep Water Limited are set to unveil a Joint User Hydrant Installation 2 (JUHI-2), the country’s largest jet fuel depot.…
The Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, has commended the progress of work on the Floating Production Storage and Offloading facility in Lagos, a joint venture between Nigerian National Petroleum Company Limited. and Century Nigeria Limited, in…
The Federal Government has granted permission to petroleum marketers to lift petrol directly from the Dangote refinery without going through the Nigerian National Petroleum Company Limited. This confirms the speculation that the NNPC will no longer be the sole off-taker…
…Receives 4,469 complaints in Q2 By Seun Ibiyemi The Nigerian Electricity Regulatory Commission (NERC) has said that over 49,188 meters were installed in the second quarter of 2024. This even as the commission said it received 4,469 complaints in the…
…As stakeholders meet to address industry challenges …Call emergency numbers at the right time, LASEMA urges residents By Sodiq Adelakun The National President of the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), Olatunbosun Oladipo, has stressed the need for…
