DPR to closely monitor 14 oil firms managing marginal fields

DPR to closely monitor 14 oil firms managing marginal fields

THE Federal Government, through Department of Petroleum Resources, DPR, has resolved to closely monitor the operations of 14 indigenous oil and gas companies involved...

Read More
22 fuel-laden vessels berth at Lagos ports this week

22 fuel-laden vessels berth at Lagos ports this week

No fewer than 22 vessels laden with petroleum products are expected to berth at Lagos ports this week to boost fuel supply. The products,...

Read More
Nigeria records decline in rig count for June

Nigeria records decline in rig count for June

Nigeria’s rig count for the month of June showed a slight decline of minus one, having recorded 32 as against 33 recorded in May,...

Read More
Samsung awards Aqualis Offshore position keeping work on Egina FPSO

Samsung awards Aqualis Offshore position keeping work on Egina FPSO

Aqualis Offshore has been handed the position keeping role for installation of the Egina FPSO offshore Nigeria. EPCIC contractor for the FPSO, Samsung Heavy Industries...

Read More
Trade in Nigerian crude picks up as sellers cut prices

Trade in Nigerian crude picks up as sellers cut prices

Demand for Nigerian crude cargoes has picked up this week, after weeks of sluggish trading, but sellers have been forced to cut their prices...

Read More
Shell views gas as the future of Nigeria’s domestic energy sector

Shell views gas as the future of Nigeria’s domestic energy sector

Oil giant, Royal Dutch Shell Plc says it is seeking to develop Nigeria’s domestic energy market around natural gas. It’s plentiful, harder to steal,...

Read More
Total’s Egina FPSO to move to site by Q4 2018

Total’s Egina FPSO to move to site by Q4 2018

The Nigerian National Petroleum Corporation, NNPC, Total Upstream Nigeria Limited, TUPNI and her partners have concluded plans to move the Egina Floating, Production, Storage...

Read More
Nigeria to begin transportation of petrol, LPG by rail soon – PEF

Nigeria to begin transportation of petrol, LPG by rail soon – PEF

The Petroleum Equalisation Fund (management) Board (PEF) says it has set up a task force for the immediate implementation of transportation of petroleum products...

Read More
FG to take measures to discourage LPG importation, improve local supply

FG to take measures to discourage LPG importation, improve local supply

The federal government has expressed concern about the continued importation of Liquefied Petroleum Gas (LPG) into Nigeria, and would be taking fresh measures to...

Read More