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Oil and Gas
833 posts
NUPRC gazettes five oil industry regulations
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), yesterday, said five petroleum industry regulations have been gazetted, while six…
NNPC, Daewoo sign $740m maintenance services contract for Kaduna Refinery
The Nigerian National Petroleum Company (NNPC) Limited yesterday said it signed a maintenance services contract with South Korea’s…
Shell posts record high $40bn profits in 2022
Shell Plc yesterday posted its highest-ever annual profit of about $40 billion in 2022, mainly due to increasing…
Fuel scarcity: CDS, IGP, Customs, NNPC, marketers, others brainstorm
The Nigerian National Petroleum Company (NNPC) Limited, on Tuesday engaged with the oil marketers and security agencies to…
NNPC takes over Addax Petroleum’s assets, ends 24yr contract
The Nigerian National Petroleum Company (NNPC) Limited, yesterday, announced the takeover of the assets of Addax Petroleum, thereby…
PENGASSAN urges licence revocation of marketers selling above approved price
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), yesterday, urged the Federal Government to revoke…
NCDMB pledges continuous support for local content devt in Africa
The Nigerian Content Development and Monitoring Board (NCDMB), yesterday, reiterated its commitment to helping other African nations in…
Shell announces executive committee directorate changes
Shell Plc plans to reduce the size of its Executive Committee (EC) from nine to seven members in…
Reps order arrest of saboteurs responsible for fuel scarcity
The House of Representatives yesterday urged relevant security agencies to apprehend oil marketers and other economic saboteurs responsible…
FG sets up 14-member committee to tackle fuel shortages
The Federal Government yesterday approved the constitution of a 14-man Steering Committee on Petroleum Products Supply and Distribution…