DPR to clamp down on adulterated engine oil

DPR to clamp down on adulterated engine oil

The Department of Petroleum Resources (DPR), yesterday expresssed concern over the infiltration of adulterated lube oil (engine oil) into the petroleum market. Speaking on the...

Read More
Global energy demand seen growing 33% to 2040 – OPEC scribe

Global energy demand seen growing 33% to 2040 – OPEC scribe

Global energy demand is expected to grow by 33 percent to 2040, the Secretary General of the Organization of the Petroleum Exporting Countries, Mohammad...

Read More
Total sells Bonga as spot trade slows for Nigerian crude

Total sells Bonga as spot trade slows for Nigerian crude

Public holidays in China kept spot trade under wraps on Wednesday, with few Nigerian cargoes trading hands, traders said. Total was said to have sold...

Read More
NNPC releases financial and operations report for June

NNPC releases financial and operations report for June

The Nigerian National Petroleum Corporation (NNPC) says a total of crude oil and gas export sales of 416.07 million dollars was realised in June,...

Read More
Army shuts illegal oil depot in Rivers

Army shuts illegal oil depot in Rivers

The operatives of 6 Division, Nigerian Army, Port Harcourt, has uncovered an illegal oil depot, in Port Harcourt, the Rivers State capital. The landmark discovery...

Read More
Optimism as Nigeria and Sao Tome & Principe renew efforts on development pact

Optimism as Nigeria and Sao Tome & Principe renew efforts on development pact

Hopes have been reignited that a 40-year treaty signed 17 years ago for a Joint Development Zone (JDZ) between Nigeria, and Sao Tome &...

Read More
IPMAN suspends partnership with refiners, others

IPMAN suspends partnership with refiners, others

The Independent Marketers Association of Nigeria (IPMAN) has suspended talks with foreign oil refining companies until after the resolution of its crisis in December...

Read More
Pan Ocean’s pipeline project set to deliver value in 2019 as it nears completion

Pan Ocean’s pipeline project set to deliver value in 2019 as it nears completion

The massive investment that Pan Ocean, a leading indigenous oil and gas sector player has made in its Amukpe-Escravos Pipeline Project (AEPP) is set...

Read More
Total Nigeria links oil tankers’ accidents to ageing equipment, illiteracy, others

Total Nigeria links oil tankers’ accidents to ageing equipment, illiteracy, others

Total Nigeria Plc has attributed accidents caused by oil tankers’ in Nigeria to illiteracy among tanker drivers, ageing equipment, substandard tank construction and low...

Read More