Crude oil price holds at $90 per barrel
A review of global crude prices on Friday, October 13, revealed that Brent crude shot up to $90 per barrel...
How Nigeria’s power sector reform has evolved from 1999 to 2023
NERC highlighted that in 1999, Nigeria’s power sector needed a reform due to a pressing need to address critical deficiencies...
CNG presidential committee holds first meeting
The Presidential Committee on Compressed Natural Gas (PICNG) held its inaugural meeting on Thursday, October 12.
Tinubu appoints new CEOs for CAC, NEPC, 12 others under Industry, Trade and Investment Ministry
In an announcement dated October 13 and signed by Ajuri Ngelale, it was conveyed that President Bola Tinubu has sanctioned...
Nigeria is top crude producer in Africa for September 2023 – OPEC
In the monthly oil market report released by the Organization of Petroleum Exporting Countries (OPEC) on Thursday, October 12, detailed...
NUPRC grants first petroleum exploration license under PIA
The Federal Government through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has granted its first petroleum exploration license under the...
Gas Minister says AKK gas pipeline to be ready by August 2024
Nigeria’s Minister for Gas, Ekperikpe Ekpo on Thursday, October 12, urged the contractors working on the Ajaokuta-Kaduna-Kano (AKK) gas pipeline...
Long-term refinery closures could be expected in Africa – OPEC
The Organization of Petroleum Exporting Countries (OPEC) has said that long-term refinery closures could be expected in Africa.
NLNG says ‘Train 8’ project will no longer be possible
The Nigerian Liquefied Natural Gas (NLNG) Limited has said that the planned Train 8 project will no longer be possible.
Nigeria pumped 1.5 million bpd of oil in September 2023, highest level for the year
Nigeria produced 1.5 million barrels per day of crude oil in September 2023. This is the highest level of production...
