NNPC shuts down Kaduna, Warri refineries over operation costs, TAM

The Nigerian National Petroleum Corporation (NNPC) has indefinitely shut down two of the nation’s three refineries due to increase in their operation costs and...

NNPC convinces investors to build refinery in Akwa Ibom

The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Kacalla Baru, has said that he had engaged investors to establish...

Nigeria to save $15bn on fuel imports by 2019 from new oil refinery –...

The founder and Chief Executive, Dangote Group, Aliko Dangote, told attendees of the Financial Times Africa Summit in London that the refinery his company is...

Eterna Oil commences local production of Castrol oil with N3bn lubricant plant

Nigeria’s local content drive in the oil and gas sector has received a major boost as an indigenous oil company, Eterna Oil expands its...

Sulphurous fuels flow to Nigeria, others as they defer tougher rules

Nigeria and several other West African states are not expected to implement rules banning imports of sulphur-heavy fuels until Dec. 1 at the earliest...

NNPC inaugurates 8 c’ttees for rehabilitation of refineries to meet 2019 target

In line with the Presidential mandate of rehabilitating the nation’s three refineries, the Nigerian National Petroleum Corporation has inaugurated eight committees charged with returning...

Shoreline Energy signs deal with Shell to supply gas to Lagos environs

Nigerian energy company Shoreline has signed a $300 million agreement with the local unit of Shell to develop gas infrastructure around the commercial capital,...

NNPC begins massive stockpiling of PMS to sustain price crash

A daily record of operations of the Nigerian National Petroleum Corporation (NNPC) has disclosed the corporation’s plans to sustain the petrol pump price crash...

Baker Hughes/GE merger to lower cost of oil, petroleum product production in Nigeria

The Chief Executive Officer, sub-Saharan Africa, Bakers Hughes, a GE Company (BHGE), Mr. Ado Oseragbaje has stated that the merger of Bakers Hughes and...

NNPC crashes petrol, cooking gas prices nationwide

The sustained strategic intervention of the Nigerian National Petroleum Corporation (NNPC) in the efficient supply and distribution petroleum products has led to significant fall...

SUBSCRIBE TO LATEST ENERGY NEWS

Read the latest energy industry news and researched articles
for oil and gas, power generation, renewable energy, events and more...