Minister hails NRC procurement of more tank wagons

Minister of Transport, Senator Idris Umar has hailed Nigeria Railway Corporation (NRC) for procuring more tank wagons for the haulage of petroleum products from...

Alison-Madueke keen to see impact of US shale oil, gas boom on OPEC

Nigeria has been particularly affected by the dramatic increase in US production of shale oil, which is also known as light, tight oil and...

Oando targets 50 mega retail outlets by 2018 to deepen market penetration

As leading energy providers jostle to increase market penetration by opening several outlets to be nearer to the consumers, Nigeria’s leading integrated energy solutions...

PetroChina set to get LNG spot cargo from Nigeria at Jiangsu

PetroChina Co., China’s biggest oil and gas producer, is set to receive a liquefied natural gas spot cargo from Nigeria today, ship-tracking data show. The...

Govt mulls new blueprint for LPG utilisation

Plans are in the pipeline by the Federal Government to draft a new policy framework that would facilitate usage of Liquefied Petroleum Gas (LPG)...

Oil workers demand stoppage of planned refineries’ privatisation

Two of the major labour unions in the oil and gas industry, the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and...

Malabu oil deal: Delay in circulating report stalls consideration

The delay in the circulation of the report of the ad hoc committee on the transaction involving the federal government, Shell, Agip and Malabu...

Pipeline contract: House probes firm

The House of Representatives yesterday mandated its committees on petroleum resources downstream and upstream to probe the entire surveillance contract of OML 26/30 awarded...

With $635m investment, Atlantic Energy defends strategic alliance with NPDC

Indigenous Exploration and Production (E & P) companies, Atlantic Energy Drilling Concept and Septa Energy, have stated that the Strategic Alliance Agreement (SAA) entered...

Trafigura, Televeras, Aiteo, Ontario named in oil swaps

As the public continues to digest the revelation by the Central Bank of Nigeria (CBN) Governor, Sanusi Lamido Sanusi, that the Nigerian National Petroleum...

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