3 h. ago Lawyers, CSOs Storm NNPCL With FOI Requests On Mele Kyari’s Tenure

A coalition of lawyers and civil society organisations (CSOs) has submitted a Freedom of Information (FOI) request to the Nigerian National Petroleum Company Limited (NNPCL), seeking full disclosure on the status of refineries refurbished during the tenure of Mele Kyari, the former group chief executive officer. Leading the coalition, Concerned Citizens Against Corruption demanded transparency […]

Politics

12 h. ago Nigeria’s Petroleum Industry Attracts More Investment, Expansion

  Nigeria’s Petroleum Industry is attracting exponential private sector-led investment drive, indicating positive policy initiatives by the federal government. The current policy drive was spuring private sector investment, especially in the downstream oil industry. This is coming as Sunbeth Energies Limited has commenced key investment drive to boost Nigeria’s energy sector growth. The firm has […]

Politics

23 h. ago NNPCL under pressure as Warri refinery shutdown drags on, P’Harcourt refinery underperforms

Industry experts are questioning how well the Nigerian National Petroleum Company Limited (NNPCL) is managing the country’s refineries, particularly regarding read more NNPCL under pressure as Warri refinery shutdown drags on, P’Harcourt refinery underperforms

Events

46 h. ago Forum Lauds NUPRC Over Petroleum Reforms Via PIA Implementation

The Nigeria Oil and Gas Integrity Forum has commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for what it described as its “critical and patriotic role” in steering the successful implementation of the Petroleum Industry Act (PIA), a law many now consider the nation’s saving grace in the oil and gas sector. President of the […]

Politics

66 h. ago Edo: Nigeria loses 400,000 bpd to oil theft – Council boss, Attoh

From Sunday Ani The Etsako East Local Government Chair in Edo State, Princess Benedicta Attoh, has revealed that Nigeria loses over 400,000 barrels of crude oil daily, with the figure steadily rising. Speaking at the 4th anniversary and roundtable on sustainable development organised by the Centre for Sustainable Development, Federal University of Petroleum Resources, Effurun, […] The post Edo: Nigeria loses 400,000 bpd to oil theft – Council boss, Attoh appeared first on The Sun Nigeria.

Politics

2 d. ago Five Dead In Rivers Explosion Linked To Illegal Petroleum Storage

An explosion in a residential area of Omoku, the headquarters of Ogba/Egbema/Ndoni Local Government Area in Rivers State, claimed the lives of five people, including four women, on Saturday. Reports indicate that the explosion took place in one of the rooms of a residential building, which was being used to store illegally refined petroleum products. […] The post Five Dead In Rivers Explosion Linked To Illegal Petroleum Storage appeared first on Information Nigeria.

Events

4 d. ago Tinubu committed to creating jobs, value in oil, gas sector – Lokpobiri

…As Monarch Alloy opens plant in Lagos By Kehinde Aderemi President Bola Tinubu is committed to creating jobs and adding value in the oil and gas sector of Nigeria. Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, made the disclosure in Lagos during the commissioning of Monarch Alloy Limited Oil and Gas Pipe Coating […] The post Tinubu committed to creating jobs, value in oil, gas sector – Lokpobiri appeared first on The Sun Nigeria.

Politics

5 d. ago Asian, Mediterranean Refiners Major Beneficiaries Of Nigerian Crude Shipments In April

Asian and Mediterranean nations emerged as the leading destinations for Nigerian crude oil exported by International Oil Companies (IOCs) as well as the Nigerian National Petroleum Company Limited (NNPCL) in April. This is as local refiners voiced frustration over their continued exclusion from the country’s oil trade and criticised regulators for a lack of transparency. […]

Politics

6 d. ago Protest Against Kyari Enters Day 2 As Lawyers Submit Fresh Petition To AGF

Over 500 anti-corruption lawyers on Wednesday stormed the office of the Attorney General of the Federation (AGF) in Abuja, seeking immediate probe of Mele Kyari, the former group chief executive officer of the Nigerian National Petroleum Company Limited (NNPCL). The lawyers, under the aegis of Guardians of Democracy and Rule of Law, said they were […]

Politics

7 d. ago Local Refining Surge To Make Nigeria Net Petroleum Exporter By 2027– PETROAN

Nigeria is on track to become a net petroleum exporter within two years, driven by a surge in local refining capacity, according to the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN). This projection follows the Nigerian Midstream and Downstream Petroleum Regulatory Authority’s (NMDPRA) milestone of licensing 83 refineries, with a combined total refining […]

Politics

7 d. ago 2024 Oil Licensing Process Fair, Open, Inclusive, NUPRC Insists

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reaffirmed that the 2024 oil licensing round was conducted with fairness, openness, and inclusivity at its core. Chairman 2024 Bid Round Committee, NUPRC, Bashiru Indabawa who made this known,  insisted that the bid round was conducted transparently in line with the Petroleum Industry Act and regulations released […]

Politics

7 d. ago Nigerians In Diaspora Laud Tinubu, Komolafe Over Reforms In Oil, Gas Sector

The Nigerians in Diaspora Groups has praised President Bola Tinubu and the Chief Executive Officer (CEO) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, for their transformative leadership and commitment to transparency in Nigeria’s oil and gas sector. In a statement issued on Monday, David Matthew Akpambu, Global President of the Nigerians in […]

Politics

7 d. ago Experts advise NNPCL boss on industry reform to enhance investor confidence

Oil and gas experts have asked the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Ltd. (NNPCL), read more Experts advise NNPCL boss on industry reform to enhance investor confidence

Politics

7 d. ago Nigeria to become full petroleum exporting country in two years – PETROAN

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has projected that Nigeria will become a full petroleum exporting read more Nigeria to become full petroleum exporting country in two years – PETROAN

Politics

8 d. ago Marketer defend N899 pump price, says cost reflects market realities

Fuel distribution company, SGR, has responded to criticism from the Independent Petroleum Marketers Association of Nigeria (IPMAN) over its N899 read more Marketer defend N899 pump price, says cost reflects market realities

Economics

9 d. ago Competition key to unlocking growth in downstream oil sector –Experts

By Adewale Sanyaolu   The Nigerian downstream petroleum sector is navigating one of its most challenging eras in recent history, marked by persistent underperformance and dwindling investor confidence that continue to cast a shadow over its potential. Indeed, consistent low margins have disrupted the market, forcing many to either shutdown or scale down operations in […] The post Competition key to unlocking growth in downstream oil sector –Experts appeared first on The Sun Nigeria.

Politics

9 d. ago Nigeria, UK seal pact to boost gas sector regulatory framework

By Adewale Sanyaolu   The federal government and the United Kingdom are collaborating to enhance regulatory innovation and capacity development in Nigeria’s gas sector, with a focus on domestic utilisation, regional energy integration, gas-to-power projects, expansion of infrastructure through targeted investment and innovation, including pipelines and Compressed Natural Gas (CNG) networks. The strategic partnership was […] The post Nigeria, UK seal pact to boost gas sector regulatory framework appeared first on The Sun Nigeria.

Politics

9 d. ago Full implementation of PIA is essential for more competitive, investor

Amina Danmadami, a chemical engineer at Nigeria Midstream Downstream Petroleum Regulatory Authority is the Council Chair, Society of Petroleum Engineers read more Full implementation of PIA is essential for more competitive, investor-friendly environment – Danmadami

Politics

1 week ago Group to Tinubu: Probe $1.5bn earmarked for Port Harcourt refinery repairs

From Okwe Obi, Abuja   The Situation Room on Transparency and Accountability, has urged President Bola Tinubu, to probe the US$1.5 billion budgeted for repair of the Port Harcourt refinery. Convener of the group, Michael Omoba, in a statement yesterday, also demanded forensic audit of the financial transactions of the Nigeria National Petroleum Corporation Limited […] The post Group to Tinubu: Probe $1.5bn earmarked for Port Harcourt refinery repairs appeared first on The Sun Nigeria.

Politics

1 week ago Petroleum engineers secure NBTE certification, moves to rebrand for industry reforms

By Adewale Sanyaolu The Nigerian Institution of Petroleum Engineers (NiPeTE), a division of the Nigerian Society of Engineers, has secured the approval of the National Board for Technical Education (NBTE) for its certification programs. This serves as part of its efforts to enhance professional capacity and credibility within the nation’s oil and gas sector. Chairperson […] The post Petroleum engineers secure NBTE certification, moves to rebrand for industry reforms appeared first on The Sun Nigeria.

Politics