PETROLEUM
Nigeria to Establish National Strategic Petroleum Reserve Amid Fuel Security Push
In a move aimed at fortifying its energy security and shielding its economy from the volatility of international markets, Nigeria has announced plans...
DYK: Nigeria’s Energy Vault has 37.28bn Barrels of Oil, 210.54 TCF Gas Declared
Did you know that in a landmark declaration that positions Nigeria as a formidable force in the global energy landscape, the Nigerian Upstream...
Refineries Accused of Importing Substandard Crude, PETROAN Warns of Quality Concerns
The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has raised serious concerns regarding the quality of crude oil being imported into...
Naira-for-Crude Deal Faces Uncertainty Amidst Dangote Refinery’s Global Sourcing
The future of the Federal Government’s naira-for-crude oil policy hangs in the balance as the initial six-month agreement with Dangote Petroleum Refinery concluded...
NNPC Resumes Loading Of Petroleum Products Nationwide
The Nigerian National Petroleum Corporation (NNPC) says it has resumed loading of petroleum products in all its depots nationwide. NNPC The Group General...
21 Ships Arrive Lagos Ports with Petroleum Products
Twenty one ships are currently discharging petroleum products and other commodities at various ports in Lagos, the Nigerian Ports Authority (NPA) said on...
‘Handover As Petroleum Minister’ – TUC to Buhari
Bobboi Bala Kaigama, the president of the TUC, has asked President Muhammadu Buhari to resign from the position of the minister of petroleum...
FG to Transport Petroleum Products By Rail In 2016 – Amaechi
Nigeria’s Minister of Transportation, Rotimi Chibuike Amaechi has said that the Federal Government is to embark on transportation of petroleum products to their...
Nigeria’s Refineries Grounded, Total Output Now Zero.
Nigeria’s refineries combined output has been completely grounded at zero, as the Port Harcourt refinery, which holds forth for the four refining assets...