Nigeria’s CNG conversion capacity increases by 2,500% in 2024
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has revealed that Nigeria’s Compressed Natural Gas (CNG) conversion capacity was boosted by over 2,500 per...
Category : Oil and Gas
PETAN Proposes National Policy on Oil and Gas Production Volumes.
PETAN Chairman, Engr. Wole Ogunsanya joined industry stakeholders in Abuja for the Petroleum Industry Stakeholders Engagement (PISF) organised by the Ministry of Petroleum Resources. In...
Eterna Plc announces Adeosun as new MD/CEO
The Board of Directors of Eterna Plc has appointed Mr. Olumide Adeosun as the new Managing Director/Chief Executive Officer of Eterna Plc. According to a...
Oil marketers turn to Dangote Refinery as petrol depot price increases.
The Independent Marketers Association of Nigeria (IPMAN) has turned to the Dangote Petroleum Refinery, following a significant 4.7% rise in the depot price of Premium...
Shell Invests in Expanding Chinese Petrochemicals Business
Shell is investing in the expansion of its joint-venture petrochemicals complex in China as the supermajor bets on continued petrochemicals demand in the world’s top...
NLNG Reaffirms commitment to train seven CSR projects for Bonny kingdom
The Nigerian Liquefied Natural Gas Limited (NLNG) has assured its stakeholders that plans for Train 7 Corporate Social Responsibility Projects for Bonny Kingdom are on...
Four States to commence electricity generation, transmission and distribution.
-six states still in progress- NERC The Nigerian Electricity Regulatory Commission (NERC) has confirmed the readiness of four state governments, including Enugu, Ekiti, Ondo and...
Depots hike loading costs price, May lead to increase in Pump price of petrol.
There are imminent signs of an increase in petrol prices as the loading costs of petrol and diesel at depots have risen across Nigeria. Brent...
CBN fines 9 banks N1.35bn for not dispensing cash via ATMs
The Central Bank of Nigeria, CBN, has sanctioned Deposit Money Banks (DMBs) for failing to make naira notes available through automated teller machines (ATMs), during...
Marketers Give Reasons For Poor Distribution of Petrol From Port Harcourt Refinery
The Petroleum Retail Outlet Owners Association of Nigeria Nigeria (PETROAN) has explained that hitches in distributing petroleum products from the newly rehabilitated Port Harcourt refinery...