Archives for Oil and Gas
Fuel prices fail to drop below N800 in Lagos, others
 Prices of premium motor spirit (PMS) otherwise known as petroleum have started dropping across the country following the reduction in ex-depot price by the Dangote Refinery, checks by Daily Trust…
Nigeria exports N707bn petrol in three monthsÂ
Nigeria’s export profile to African markets is beginning a notable shift from crude-only trade dominance, as new figures from the National Bureau of Statistics showed a sharp rise in the…
Falade Takes Over As NLNG MD As Philip Mshelbila, Bows Out
BY NGOZI ONYEAKUSI NLNG on Friday held a symbolic sendoff ceremony in Abuja to mark the end of the tenure of its Managing Director and Chief Executive Officer, Philip Mshelbila,…
NNPC, others imported 1.56bn litres petrol in November – ReportÂ
The Nigerian National Petroleum Company Limited has resumed large-scale importation of petrol, barely a year after declaring it had stopped bringing the product into the country, The PUNCH reports. Latest…
Cost of Services in Nigeria’s Oil & Gas Industry Cheapest in Africa – PETAN President
BY NGOZI ONYEAKUSI The President, Petroleum Technology Association of Nigeria (PETAN), Engr. Wole Ogunsanya on Wednesday declared that the cost of providing services in Nigeria’s oil and gas industry is…
Pipeline attacks push Nigeria’s oil evacuation cost to $12/barrel
Nigeria’s effort to reduce its cost of oil production has suffered a major setback, as incessant pipeline attacks have pushed the cost of crude oil evacuation to $12 per barrel.…
PENGASSAN-Dangote rift widens over salary suspensionÂ
Dangote The Dangote Petroleum Refinery has stopped the monthly salaries of the engineers sacked in September during its face-off with the Petroleum and Natural Gas Senior Staff Association of Nigeria.…
Cost of Services in Nigeria’s Oil and Gas Industry is Cheapest in Africa – PETAN President
BY NGOZI ONYEAKUSI The President, Petroleum Technology Association of Nigeria (PETAN), Engr. Wole Ogunsanya on Wednesday declared that the cost of providing services in Nigeria’s oil and gas industry is…
Power Distribution Companies Face Sanctions Over Slow MeteringÂ
Electricity Distribution Companies (DisCos) have come under intense scrutiny over their slow metering rollout and dismal refund performance, as the Nigerian Electricity Regulatory Commission (NERC) revealed that between 600,000 and…
Fresh concerns over rising dominance of expatriates in oil sectorÂ
NASS accuses IOCs, independent firms of non-remittance. The Senate has raised fresh concerns over rising expatriate dominance in the oil and gas sector, revealing that thousands of foreigners are currently…
