Engr Victor Bandele, DMD, Deepwater Assets has stressed the need for greater efficiency and collaboration for the energy industry in Nigeria to be competitive and attract investments, as the right environment increases the appetite to invest. Bandele stated this when he joined other company executives to share perspectives on “Driving Africa’s Energy” at a session of the Sub-Saharan…
Dangote Petroleum Refinery & Petrochemicals has reduced the cost of its diesel product to N1,020 per litre, down from N1,075 per litre at the gantry price, in an effort to better serve its customers and Nigerians in general. Since it began diesel production in January 2024, the refinery has reduced the price of diesel more…
The Petroleum Technology Association of Nigeria, PETAN, wants a review of in- contract awards on Shell’s Bonga North Project to indigenous Companies Petan’s Chairman, Engr Wole Ogunsanya, made the Association’s position known in a keynote address at the on-going Sub-Saharan Africa International Conference and Exhibition (SAIPEC) in Lagos, with the theme ‘Building Africa’s Future: Advancing…
Africa’s energy destiny hinges on the ability to harness its natural resources, empower the people, and lay the foundation for long-term, sustainable development The Minister of state for Petroleum Resources (Oil) Senator Heineken Lokpobiri, stated this while delivering a keynote address in Lagos at Sub-saharan African International Petroleum Exhibition and Conference, SAIPEC 2025, with the…
The federal government has called for urgent and collective action to address the safety challenges surrounding the transportation of petroleum products in Nigeria. Speaking at the Major Energy Marketers Association of Nigeria (MEMAN) webinar, held in Lagos, with the theme, “Improving Safe Transportation of Petroleum Products,” the Minister of State for Petroleum Resources, Senator Heineken…
Gas transportation services from Nigeria to Republic of Benin, Togo and Ghana will be temporarily suspended to allow the west African Gas pipeline company Limited carry out maintenance and inspection of its offshore facilities, in line with regulatory mandate which requires it to do so every five years. The exercise, which commenced on the 5th…
Barely a month after announcing the commencement of the 125,000 barrels Warri refinery, the Nigerian National Petroleum Company Limited has said the facility is undergoing a planned routine maintenance programme aimed at ensuring optimal operations. It also denied reports of an explosion at the Warri Refining and Petrochemical Company. The company, in a statement signed…
The Federal Competition and Consumer Protection Commission has urged the Federal High Court in Abuja to allow it to join the N100bn lawsuit filed by Dangote Petroleum Refinery seeking to stop the Nigeria National Petroleum Company Limited and oil marketers from importing refined petroleum products into the country. But Dangote Refinery opposed the FCCPC’s application…
The NNPC Ltd and First Exploration & Petroleum Development Company Limited (First E&P) Joint Venture (JV) have successfully achieved 96% reduction in routine flaring of associated gas (AG) from the Anyala (OML 83) and Madu (OML 85) fields. This feat is geared towards Nigeria’s commitment to reducing greenhouse gas emissions by 20% and 47% ,…
Residents of the Federal Capital Territory have been left stranded and grappling with fuel shortages following the sudden closure of several retail outlets owned by the Nigerian National Petroleum Corporation Limited within the capital city. It was gathered that the stations closed for some days, were allegedly ordered by the management of the national oil…
