Against the backdrop of escalating cost of doing business oil marketers have started pushing for a reduction in the pump price of diesel to N700 per litre to help improve the distribution of petroleum products across the country.The President of the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA), Mr. Benneth Korie Doi, yesterday in…
No fewer than 72 illegal crude oil refining sites were uncovered in the past week, the Nigerian National Petroleum Company Limited disclosed in a video report. The 72 illegal refineries were reportedly discovered and destroyed in Rivers, Delta and Abia states. On August 18, a vessel was said to have been arrested by men of…
The National Association of Energy Correspondents, NAEC, has called on the Federal Government and stakeholders in the energy sector to create an enabling environment for gas development and innovation of Gas technologies in Africa. NAEC’s Chaiman, Ugochukwu Amadi, made the call in Abuja at the Africa Gas Innovation Summit (AGIS) 2024, with the theme “Igniting…
Minister of State Petroleum Resources (Gas), Mr. Ekperikpe Ekpo, has visited the site of the gas explosion at Ita Oshin in Abeokuta, Ogun State, where there was a loss of life and destruction of property, as a truck conveying CNG, which experienced brake failure, crashed into the road barricade and the truck head went up…
Oando Plc says its attention has been drawn to recent allegations on social and digital media, levelled against the company of being a shareholder, and its Principals of being Board members, in a Maltese company, Ras Hanzir Oil Terminal Limited that operates an oil storage and blending facility, and is purportedly responsible for importing adulterated…
President of Dangote Group, Aliko Dangote, over the weekend revealed that Dangote Petroleum Refinery has continued to receive repeated orders for its products from all those who have purchased same since the commencement of production. The refinery has so far exported its products to some European countries, Singapore and offshore Lome. Speaking during a…
