Nigeria imported 4.79bn litres of petrol in Q2 – NBS

Nigeria imported 4.79bn litres of petrol in Q2 – NBS

The National Bureau of Statistics (NBS), said that 4.79 billion litres of Premium Motor Spirits (PMS) was imported into the country in the second...

Read More
Nigeria’s sees oil exports rise by 1.9% in July on return of Bonny Light crude

Nigeria’s sees oil exports rise by 1.9% in July on return of Bonny Light crude

There are indications that Nigeria’s crude oil export to the global market increased by 1.9 per cent in July 2018. The development occurred as a...

Read More
Nigerian crude sells slowly as overhang remains

Nigerian crude sells slowly as overhang remains

A few cargoes traded on Friday but demand remained particularly thin for Nigerian crude, which still has an overhang from August. September cargoes of Nigerian...

Read More
Dangote Refinery will improve Nigeria’s external reserves – Official

Dangote Refinery will improve Nigeria’s external reserves – Official

The completion of the Dangote refinery would help in boosting the nation’s external reserves as it would turn the country into a petroleum products...

Read More
LASG to add new 5,000 truck terminal to Tinubu truck terminal

LASG to add new 5,000 truck terminal to Tinubu truck terminal

As a way of easing traffic gridlock on the Apapa-Oshodi Expressway and environs, Governor Akinwunmi Ambode of Lagos State, yesterday, disclosed that a 5,000-capacity...

Read More
Chevron is highest contributor of high-quality gas to domestic market – MD

Chevron is highest contributor of high-quality gas to domestic market – MD

Chevron Nigeria Limited has said it is committed to ending routine gas flaring, boosting domestic supply, diversifying and commercialising gas resources through gas-based industries. The...

Read More
India, Nigeria to collaborate on modular refineries, LPG

India, Nigeria to collaborate on modular refineries, LPG

Nigeria and India are fostering new relationships in the areas of promoting modular refinery projects as well as developing Liquefied Petroleum Gas, LPG, or...

Read More
Nigeria hopes to become 3rd world largest exporter of gas with Train 7 – NLNG

Nigeria hopes to become 3rd world largest exporter of gas with Train 7 – NLNG

The Nigeria Liquefied Natural Gas (NLNG) Ltd., says its ongoing plans to reach a Final Investment Decision (FID) on its Train-7 project by December...

Read More
FID on NLNG $7bn Train-7 won’t be affected by 2019 elections – Kachikwu

FID on NLNG $7bn Train-7 won’t be affected by 2019 elections – Kachikwu

Plans by shareholders of the Nigeria Liquefied Natural Gas (NLNG) Limited to reach a Final Investment Decision (FID) on the company’s Train-7 project by...

Read More