Buhari stirs hornets’ nest, empowers NUPRC to supervise crude oil activities at export terminals
Oredola Adeola Nigeria's outgoing President Muhammadu Buhari has stirred the hornets' nest by causing what looks like an acrimonious...
Oil & Gas
Obaseki increases crude oil supply to Edo modular refinery to 200,000 barrels
Oredola Adeola Governor Godwin Obaseki of Edo State has ordered more crude oil from the Oza Oil Field, as feedstock...
FINALLY! Buhari sets to commission $19bn Dangote refinery a week before May 29 handover date
Oredola Adeola The much-awaited inauguration of the 650,000 barrels per day multi-billion Naira Dangote Refinery and Petrochemical company located in...
NPA assures of speedy approval for take-off of $1.3 bn Ondo deep seaport project
Oredola Adeola The Ondo State Government, through the Ondo Development and Investment Promotion Agency (ONDIPA), has secured the assurance...
OTC 2023: African leaders, energy companies need to integrate energy plans, define continent’s transition pathway- Aduda
Oredola Adeola Mr. Gabriel Aduda, Permanent Secretary, of Nigeria's Ministry of Petroleum Resources, has called on African leaders and...
Brent crude oil price dips to $72 per barrel below Nigeria’s budget benchmark
Oredola Adeola Global oil prices have consistently lost momentum, as both Brent and West Texas Intermediate (WTI) crude oil...
EXCLUSIVE: Buhari spends chunks of $49 bn “ways and means advances” on NBET, Azura power, NDPHC, Accugas ltd
Oredola Adeola The Nigerian Senate has revealed that the Federal Government used part of the controversial 22.7 trillion Naira...
Global oil prices sink below $80/b, as another US bank fails, China’s manufacturing suffers contraction
Oredola Adeola The second-biggest bank collapse in the United States since the 2008 crisis and data pointing to a...
OTC 2023: NUPRC to organise E&P international funding roadshow to raise capital for marginal fields’ awardees, others
Oredola Adeola with agency reporters The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has restated the plan to organise an...
Nigerian Court frees crew of VLCC, Heroic Idun arrested for suspected oil theft, after 8 months
Oredola Adeola A court in Port Harcourt has ordered the release of the crew members of MV HEROIC IDUN,...
