News

…Urges FG to channel subsidy savings to fixing refineries Mkpoikana Udoma Port Harcourt — The Independent Petroleum Marketers Association of Nigeria, IPMAN, has condemned actions taken so far by President Bola Ahmed Tinubu on the […]

*Crude oil vessel. – Earns N22bn from gas in 27 months Ike Amos Dublin, Ireland — Nigeria earned N1.34 trillion from the petroleum industry in the first quarter of 2023, according to latest data released […]

*Shell Petroleum Development Company Brussels/London — Repair work on Nigeria’s suspended Forcados crude oil terminal is expected to be complete by early next week, a shipping source told Reuters. Shell (SHEL.L) suspended loadings of the […]

*Nigeria Labour Congress. Abuja — The Nigerian Labour Congress, NLC, has put its affiliate unions on strike notice from Wednesday to demand a reversal in petrol price hikes and lower public-school fees. The NLC, which […]

*Dangote Refinery takes shape. – W. Africa historically major market for European petrol– Gasoline flows redirected after fuel subsidy scrapped– Some Mideast, Russian flows move to WAF, but still small London — One of Europe’s […]

*NSCDC officials with the impounded drums of alleged illegally refined diesel Mkpoikana Udoma Port Harcourt — The Nigeria Security and Civil Defence Corps, NSCDC, has arrested 12 suspects over alleged involvement in vandalism, oil theft […]

*Sahara Energy. Lagos — Asharami Energy, a Sahara Group Upstream Company, has said that Africa’s transition to cleaner fuels should be driven by its resources, through the application of technology, fresh investments, and partnership among […]