Crisis looms in LPG market as NNPC’s dispute intervention fails

The intervention of the Nigerian National Petroleum Corporation (NNPC) to avert the crisis looming in the Liquefied Petroleum Gas (LPG) market, better known as...

Kachikwu explains why there won’t be open bidding for refineries

The Minister of State for Petroleum Resources, Ibe Kachikwu said refineries repair cannot be done in an open bidding process, Daily Trust reports. While speaking...

NNPC says July deadline for low-sulphur fuel remains unchanged

The Nigerian National Petroleum Corporation (NNPC) is working to meet the July 2017 deadline for switching from fuel with higher concentration of sulphur to...

NLNG trains 7, 8 to reduce gas flaring to zero level – GM

The General Manager, External Relations of the Nigerian Liquefied Natural Gas Ltd, Dr. Kudo Eresia-Eke disclosed in Lagos that the proposed NLNG trains seven and eight would...

Senate withdraws N5 fuel levy bill

After serious opposition from members, the controversial National Road Fund Bill has been withdrawn from the Senate, The Guardian reports. In sourcing for revenue for...

Osinbajo directs Adeosun to make payment of $2bn outstanding subsidy claims

Acting President Yemi Osinbajo has directed the Minister of Finance, Mrs. Kemi Adeosun to pay oil marketers all outstanding subsidy claims, which the marketers...

Dangote awards DuPont Clean Technology contracts for oil refinery

DuPont Clean Technologies (DuPont) announced today that Dangote Oil Refinery Company Ltd (Dangote) has commissioned a range of advanced proprietary equipment from DuPont for...

Forte Oil unveils its growth plans for improved operations

According to the Group Executive Director, Finance and Risk Management, Forte Oil Plc, Julius Omodayo-Owotuga, the company is planning to deepen its focus on...

2019 petrol import deadline threatened by regulatory issues – Kachikwu

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has stated that structured difficulties, such as denial of approval for processes, delays by...

WAPCo to purchase gas from Dangote refinery for supply across W. Africa

The West Africa Gas Pipeline (WAPCo) has begun talks with Dangote Refinery to buy gas to bridge an estimated 300 million standard cubic feet...

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