The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, has rejected the planned sale of Shell, the Nigerian onshore subsidiary of Shell Petroleum Development Company of Nigeria Limited, SPDC. PENGASSAN’s General Secretary, Lumumba Okugbawa, disclosed this in a…
The Independent Petroleum Marketers Association of Nigeria, lPMAN, has blamed the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, for the over 600 per cent increase in the cost of petroleum products across the country between 2020 and 2023. Alhaji…
The Minister of Solid Minerals, Dele Alake, on Monday in Ibadan said the Federal Government was committed to ending illegal mining in the country’s mining sector. Alake spoke when he led a Federal Government delegation to pay a condolence visit…
The National Bureau of Statistics (NBS) says the average price of 5kg of cooking gas increased from N4,828.18 recorded in November 2023 to N4,962.87 in December 2023. This is contained in the Bureau’s “Cooking Gas Price Watch” for December 2023…
The Nigerian National Petroleum Company Limited (NNPCL) on Sunday, said it would prepay future royalties and taxes to the Federal Government from the $3.3bn financing deal it got from African Export-Import Bank last year. NNPCL disclosed this in a document…
The Nigerian Content Development and Monitoring Board (NCDMB) has been applauded for its steadfast commitment to the growth of local content, particularly for the support it lends to the fabrication subsector of the Nigerian oil and gas industry. The leadership…
The Niger Command of the Nigerian Security and Civil Defence Corps (NSCDC), has arrested four suspects for allegedly operating an illegal refinery to produce Low Pour Fuel Oil (LPFO) in Tafa Local Government Area of the state. This is contained…
Heirs Energies, an indigenous-owned integrated energy company has commemorated its three-year anniversary. Launched in January 2021, Heirs Energies kicked off operations following the completion of an 8-year, $1.2 billion transaction to acquire oil license OML17, from the Shell Petroleum Development…
The Nigerian Oil Spill Detection and Response Agency, NOSDRA, has said it will investigate a crude oil leak at a pipeline owned by Shell Petroleum Development Company of Nigeria Ltd, SPDC. The spill occurred in the Obolo-Ogale pipeline in southern…
The Abuja Electricity Distribution Company has announced a power outage in Gwarimpa, the Nation’s capital. The company disclosed this in a notice through its official X account on Friday night. AEDC attributed the outage to a technical fault in the…
