Friday, April 26, 2024
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Kyari: Energy demand to increase by 35% in 2043 | Africa must collaborate to aid transition

    Kyari: Energy demand to increase by 35% in 2043 | Africa must collaborate to aid transition

Mele Kyari, group chief executive officer (GCEO), Nigerian National Petroleum Company (NNPC) Limited, says African nations must cooperate and exchange expertise in order to achieve energy independence and transition as

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Shell: Bonga floating production storage hits 1bn barrels of oil export mark

    Shell: Bonga floating production storage hits 1bn barrels of oil export mark

Bonga, Nigeria’s first deepwater exploration and production vessel, has hit a one-billion-barrel oil export mark. Abimbola Essien-Nelson, media relations manager at Shell, said in a statement that the facility achieved

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NMDPRA to set up database on crude oil, natural gas distribution

    NMDPRA to set up database on crude oil, natural gas distribution

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it plans to set up a reliable database for determining the appropriate methodology for the transportation and bulk storage of

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Shell reports fresh oil spill in Ogoniland

    Shell reports fresh oil spill in Ogoniland

The Shell Petroleum Development Company (SPDC) has confirmed an oil spill incident in Ebubu, Eleme LGA of Rivers state.  SPDC is the Nigerian subsidiary of oil multinational Shell Plc. Micheal

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Scarcity: Kwara task force visits filling stations, seizes ‘jerrycans containing hoarded petrol’

    Scarcity: Kwara task force visits filling stations, seizes ‘jerrycans containing hoarded petrol’

A task force set up by the Kwara government has embarked on monitoring and supervision of filling stations over the

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NURPC: Nigeria’s crude oil production hit one-year high in January

    NURPC: Nigeria’s crude oil production hit one-year high in January

Crude oil production in Nigeria increased to 1,258,150 barrels per day (bpd) in January 2023. The production figure is two

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Oil price rises to $85 a barrel amid Russia’s plan to cut output

    Oil price rises to $85 a barrel amid Russia’s plan to cut output

Oil prices rose on Friday after Russia announced plans to cut oil production. The decision was in response to price

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IPMAN western zone denies buying petrol at ex-depot price of N172 a litre

    IPMAN western zone denies buying petrol at ex-depot price of N172 a litre

The western zone of the Independent Petroleum Marketers Association of Nigeria (IPMAN) says its members are not buying petrol at

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Troops destroy 40 illegal refining sites, arrest oil thieves

    Troops destroy 40 illegal refining sites, arrest oil thieves

The Defence Headquarters (DHQ) says in the past two weeks, its troops have discovered and destroyed 40 illegal refining sites

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NMDPRA orders filling stations to accept bank transfer, POS transactions

    NMDPRA orders filling stations to accept bank transfer, POS transactions

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has directed oil marketers in the country to allow the use

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