Oil & Gas
Dangote Refinery unveils N2.15trn IPO, targets 10m retail investors
By Olusegun Aribike Dangote Petroleum Refinery and Petrochemicals FZE on Monday unveiled a N2.15 trillion Initial Public Offer (IPO) to raise capital for expansion…
Oil & Gas
Oil & Gas
FG tasks petroleum engineers to drive 3m barrels oil production target
The Federal Government has tasked petroleum engineers and other industry professionals with supporting its drive to increase Nigeria’s crude oil production to three million barrels per day (bpd) by 2030.
Oil & Gas
Firm boosts Nigeria’s oil production with indigenous drilling capacity – Chairman
An indigenous oil company, Nestoil Group, has strengthened Nigeria’s oil exploration and production capacity through the deployment of its wholly Nigerian-crewed drilling rig, the Pathfinder 500.
Oil & Gas
Energy correspondents congratulate Isa, Wunti on WEC Nigeria appointments
By Emmanuella Anokam The Association of Energy Correspondents, Abuja, FCT (AECAF) has congratulated Mr Abdulrazaq Isa and Mr Bala Wunti on their appointments as…
Oil & Gas
FG distributes 27,000 gas cylinders to A’Ibom rural women
By Isaiah Eka At least 27,000 rural women in Akwa Ibom, on Thursday, received gas cylinders filled with cooking gas, courtesy of the Federal…
Oil & Gas
Expert seeks more safety measures as CNG adoption expands
By Grace Alegba A former National Chairperson of the Nigerian Institution of Mechanical Engineers (NIMechE), Mrs Funmilade Akingbagbohun, has called for more safety measures…
Oil & Gas
Tinubu vows refinery revival, CNG expansion
By Muhyideen Jimoh President Bola Tinubu has assured Nigerians that government-owned refineries will return to operation after ongoing reforms aimed at making them commercially…
Oil & Gas
NMDPRA tasks investors, regulators on infrastructure for W/Africa petroleum trading hub
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has called for increased investment in infrastructure, logistics and operational efficiency to position West Africa as a credible petroleum pricing and trading hub.
Oil & Gas
Tinubu approves offshore reform to unlock $50bn investment
By Muhyideen Jimoh President Bola Tinubu has approved a landmark reform aimed at unlocking up to 50 billion dollars in deep offshore investment and…
Oil & Gas
Nigeria ‘ll expand refining capacity to serve African market – FG
The Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, says Nigeria will expand its refining capacity and petroleum infrastructure to position the country as West Africa’s energy and trading hub.