Oil/Gas Reports

OPEC disclosed this at its 37th OPEC and non-OPEC ministerial meeting.

In its trading operations, Oando had a marked improvement; recording a 50 per cent increase in traded crude oil volumes.

The appointments are divided into nine pre-shipment inspection agents and two monitoring and evaluation agents

The projects support the federal government’s effort to grow value from the nation’s gas assets while eliminating gas flaring and...

Mr Komolafe said that these blocks have the potential to significantly boost national production, which would benefit all stakeholders

We awarded Dangote refinery even in their pre-commissioning and sooner than later, they will have full commission and a valid...

“We call on our members to however remain resolute and law-abiding, even as we draw close to the immediate ultimatum...

“We have abundant products. It is just a transportation glitch,” NNPC said.

This development comes a week after the company announced a reduction in the price of diesel from N1,200 to N1,000...

The company said the significant reduction in the price of diesel is expected to positively affect all the spheres of...

“The reported production shortfall was primarily due to issues encountered on the Trans Niger Pipeline, coupled with maintenance activities carried...

The oil cartel explained that the JMMC reviewed the crude oil production data for January and February 2024 and noted...

“We have substantial quantities. Products are being evacuated both by sea and road. Ships are lining up one after another...

“The Petroleum Industry Act (PIA) 2021 assented to by the President on the 16th of August 2021 and gazetted on...

“The company asserts that these reports are false and urges Nigerians to disregard them entirely,” Mr Soneye said.

“I am compelled to emphasise that Nigeria, endowed with over 208Tcf in proven gas reserves, should not be grappling with...

Nigeria’s crude oil production rose to 1.476 million barrels per day in February, from 1.429 million bpd recorded in January,...

“As we continue to do our best to deepen transparency and stamp out corruption from the system, there is one...

There is no Scarcity, we have abundant products and there is no cause for alarm- NNPC Ltd

The order will include the Introduction of incentives to stimulate non-associated gas projects, midstream developments, and deepwater ventures.

“I want to use this opportunity to assure everyone that no IOC is leaving Nigeria. They are only going deep...

“The decision to remove the petroleum subsidy is a challenging one, but it is a step we must take to...

The government said this is part of its effort to tackle the rise in the price of cooking gas in...

He expressed worry about requests by the Nigerian Maritime Administration and Safety Agency (NIMASA) and Nigerian Port Authority (NPA) that...

The Dangote Refinery can load 2,900 trucks a day at its truck-loading gantries.