Excitement Around Refinery Area In Eleme As PH Refinery 2 Shows FlamesExcitement emerged around the refinery zone in Eleme where flames rose in the morning of Sunday, June 29, 2025, over the second Port Harcourt Refinery known aRead More

Excitement Around Refinery Area In Eleme As PH Refinery 2 Shows FlamesExcitement emerged around the refinery zone in Eleme where flames rose in the morning of Sunday, June 29, 2025, over the second Port Harcourt Refinery known aRead More
FG unveils new CNG pricing structure to promote cleaner energy Amid surging demand for cleaner and cheaper fuel alternatives, the Federal Government on Tuesday formally launched the implementation of its Concessionary AutogRead More
Israel-Iran conflict: Marketers hike petrol prices as crude oil hits $74pbThe ongoing Israeli-Iran conflict has triggered an upward adjustment in petrol prices by 10 marketers as crude oil rose 8.8 per cent to $74 per barrel froRead More
Dangote Petroleum Refinery plans to distribute petrol, diesel nationwideThe Dangote Petroleum Refinery has announced plans to begin nationwide distribution of Premium Motor Spirit and diesel from August 15, 2025. The company is Read More
NNPCL declares N5.89trn revenue, N748 profits for April 2025 Nigerian national oil company, NNPC Limited on Thursday reported that it raked in N5.89 trillion in revenues in the month of April, 2025.The company in a dRead More
Nigeria produces 97% of OPEC quotaThe Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said the country produced 97% of the 1.5million barrels of oil per day (mbopd) quota the Organisation of Petroleum Exporting CountriRead More
CNG stations hit 53 across Nigeria PCNGiThe Programme Director and Chief Executive of the Presidential CNG Initiative, Michael Oluwagbemi, has sated that Nigeria currently has 54 Compressed Natural Gas stations.Oluwagbemi, who spRead More
Still way too damn few...
Nigeria’s Crude Export To US Hit Highest Level In 6 Years « Nigeria’s crude export to the United States increased from 358,000 barrels per day to 364,000 bpd after the Dangote Petroleum Refinery reduced its daily fuelRead More
President Bola Tinubu has issued a new Executive Order designed to lower project costs, attract investment, and enhance revenues from oil and gas operations.The Upstream Petroleum Operations Cost Efficiency Incentives Order (202Read More
The Cost reducing directive had been issued before (circa 2012-14), and what was baffling was that virtually all Upstream operators reduced cost at that time. I believe having a operators will positively respond to the Performance Tax incentive too
Dangote Refinery Symbolises Hope for Africa ECOWAS PresidentSays private sector crucial to tackling unemployment, insecurityDomestic refining offers greater benefits than importation, says DangotePresident of the Economic CommunRead More