President Muhammadu Buhari arrived in Bauchi State amid heavy security presence on Tuesday to flag off oil exploration activities in the state. He was welcomed by northeast governors and eminent politicians of northern extraction to conduct the ground-breaking ceremony of…
The Federal Government has attributed the menace of crude oil theft to the worsening unemployment situation in the country. Dr. Chris Ngige, the Minister of Labour and Employment, said this while declaring open the 8th Meeting of the National Employment…
Financing of oil and gas projects are more complicated now as banks, multilateral lenders, and investors are diverting capital away from fossil fuels to renewable energies, the Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPCL), Mallam Mele…
The Governor Dapo Abiodun-led administration in Ogun State on Wednesday took a major step in making the state an oil producing one as a firm, Gasoline Integrated International, expressed its readiness to build a $3bn refinery in Tongeji Island, Ipokia…
CSR-in-Action will be hosting its 11th Sustainability in the Extractive Industries (SITEI) Conference and CAHR Africa Awards 2022 on Tuesday, 22 November 2022 at Victoria Island, Lagos. Existing and invited partners of the Conference include Nigerian Extractive Industries Transparency Initiative…
….assures Nigerians of fuel supply during Christmas and New Year celebrations The Depots and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has called on the government to give petroleum marketers access to foreign exchange at the official Central Bank of…
The Independent Petroleum Marketers Association of Nigeria (IPMAN), Western Zone, has attrubuted the increase in the pump price of Premium Motor Spirit to the hike in private depot prices. Alhaji Dele Tajudeen, Chairman, IPMAN Western Wone, disclosed this in an…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has appealed to Nigerians not to engage in panic buying of petrol, saying it has enough in stock. Mr Farouk Ahmed, the Chief Executive Officer, NMDPRA confirmed this in Lagos on…
President Muhammadu Buhari inaugurated the Pinnacle Oil and Gas FZE Terminal in Lekki, Lagos, on Saturday saying the operations of the facility would ease congestion at the Apapa Port area. In a video message at the inauguration of the facility,…
The facility, which would be launched by the president on Saturday, 22nd of October, 2022, will revolutionise the downstream sector of the oil and gas industry. The project was conceptualised to revolutionise the Nigerian downstream oil and gas industry by…
