Oando in talks to help Eni in fixing Port Harcourt refinery

Nigerian oil firm Oando said on Monday it was in talks to work with Italian energy company Eni to rehabilitate one of the West...

FG back tracks on proliferation of modular refineries in Niger Delta

The Minister of State for Petroleum Resources, Dr Emmanuel Ibe Kachikwu has expressed worry that the establishment of modular refineries may worsen the nation’s...

Kachikwu says few interest groups lock down oil sector

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said that Nigeria’s oil and gas sector has been under the control of...

Oando to refurbish oil refineries to end fuel importation – Tinubu

Mr Wale Tinubu, the Managing Director, Oando Plc on Thursday said that the company would seek approval from the Federal Government for the refurbishment...

NNPC, Capital Oil at odds over N11bn petrol theft

The Nigerian National Petroleum Corporation (NNPC), and Capital Oil and Gas Industries Limited have disagreed over the alleged N11 billion petroleum products theft, Vanguard...

Osinbajo, Eni, Kachikwu in closed door meeting over Malabu, others

Nigeria's Minister of State for Petroleum, Ibe Kachikwu, on Tuesday held a closed-door meeting with Acting President Yemi Osinbajo, with one of the major...

Eni preparing to build crude oil refinery in Nigeria – Kachikwu

Nigeria's oil minister, Emmanuel Ibe Kachikwu said on Tuesday that Italian oil company Eni plans to build a crude refinery in Nigeria with capacity...

NNPC woos 20 investors to invest $20bn in modular refineries

The Nigerian National Petroleum Corporation (NNPC), has commenced moves to attract 20 companies to make substantial investment worth $20 billion in order to meet...

Petrol, kerosene, gas imports guzzle N760bn in Q1 – NBS

The petroleum products imports statistics have revealed that Nigeria spent N760.44 billion importing petrol, kerosene and gas in the first quarter of 2017, Daily...

NNPC showcases multi-billion dollar investment opportunities at OTC

In its bid to woo investors, the Nigerian National Petroleum Corporation (NNPC) has unveiled multi-billion dollar investment opportunities in the Nigerian oil and gas...

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