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PENGASSAN urges FG to divest 51% stake in PH, Kaduna, Warri refineries, adopts NLNG model for enhanced energy security, products affordability
September 25, 2024DocumentaryDownstreamEnergy TransitionImpactLocal ContentMidstreamNewsOil & GasSustainabilityUpstream

PENGASSAN urges FG to divest 51% stake in PH, Kaduna, Warri refineries, adopts NLNG model for enhanced energy security, products affordability

… urges NNPCL to increase stake in Dangote Refinery to from 7% to 45% to guarantee fuel assurance Nigerians … recommends generative AI to monitor petroleum supply chains, combat smuggling, enhance energy efficiency Oredola Adeola PENGASSAN has called on the…

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NNPCL engages investors at Gastech 2024 to revive Brass, Olokola LNG projects
September 20, 2024DocumentaryGasNewsOil & GasUpstream

NNPCL engages investors at Gastech 2024 to revive Brass, Olokola LNG projects

… capitalises on Presidential Executive Orders on Oil, Gas reforms, PIA   Oredola Adeola The Nigerian National Petroleum Corporation Limited (NNPCL), leveraging President Bola Tinubu’s Presidential Executive Orders on Oil & Gas Reforms and the Petroleum Industry Act (PIA), is…

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NNPC, TotalEnergies launch $550 million Ubeta Gas field project to deliver 350mllion cubic feet of gas daily
September 18, 2024GasOil & GasUpstream

NNPC, TotalEnergies launch $550 million Ubeta Gas field project to deliver 350mllion cubic feet of gas daily

  Oredola Adeola The $550 million upstream gas project between NNPC Ltd and TotalEnergies has commenced, aiming to develop the Ubeta field and deliver 350 million standard cubic feet of gas per day once operational. Olu Verheijen, Special Adviser to…

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Minister of State for Petroleum Resources (Gas) dismisses Dangote Group’s claims of neglect in 1,200km subsea gas pipeline project
September 18, 2024MidstreamNewsOil & GasService Company

Minister of State for Petroleum Resources (Gas) dismisses Dangote Group’s claims of neglect in 1,200km subsea gas pipeline project

… urges private entities to explore PIA, Gas Pricing & Domestic Demand Regulations (2023), other gas sector opportunities   Oredola Adeola Rt. Hon. Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), urged the Dangote Group to explore opportunities in…

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Ogbechie,GMD Rain Oil, Okulaja-Kotun ,VC CORAN call for full deregulation of petrol pricing, demand fair market practices
September 11, 2024DownstreamMidstreamNewsOil & GasReviewSabotage

Ogbechie,GMD Rain Oil, Okulaja-Kotun ,VC CORAN call for full deregulation of petrol pricing, demand fair market practices

… challenge FG to end importation of substandard petroleum products, assert local refiners can deliver quality Tokunbo Thelma Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) and Crude Oil Refiners Association of Nigeria (CORAN) have called on the Nigerian…

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September 10, 2024DownstreamEnergy TransitionMidstreamNewsOil & Gas

MEMAN proposes Petroleum Industry Consultative Committees to resolve stakeholder disputes, end public feuds between Dangote, NNPCL, regulators

Oredola Adeola  The Major Energy Marketers Association of Nigeria (MEMAN) has proposed the creation of Petroleum Industry Consultative Committees (PICC) to end the public exchange of press statements and resolve ongoing disputes between Dangote, other local refiners, NNPC Limited, and…

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Lagos PETROAN Chapter strategizes to tackle petroleum marketing challenges, explores CNG investment opportunities
September 7, 2024DocumentaryDownstreamEnergy TransitionGasNewsOil & Gas

Lagos PETROAN Chapter strategizes to tackle petroleum marketing challenges, explores CNG investment opportunities

… as profit margins decline in petroleum retail, PETROAN urges members to diversify with additional service offerings   Oredola Adeola The Lagos State chapter of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) convened a strategic meeting with…

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Minister Heineken Lokpobiri debunks Dangote refinery’s claim of government price control in petrol market
September 5, 2024DownstreamNewsOil & Gas

Minister Heineken Lokpobiri debunks Dangote refinery’s claim of government price control in petrol market

… we increased loading hours at depots, vessels are being cleared promptly -NMDPRA Oredola Adeola Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), has refuted claims made by the Dangote Refinery that the petrol market is strictly regulated and…

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NNPC Ltd. attributes PMS price fluctuations to free market forces, exchange rates
September 5, 2024DownstreamNewsOil & Gas

NNPC Ltd. attributes PMS price fluctuations to free market forces, exchange rates

… scarcity will ease within a few days as more filling stations recalibrate, resume sales By Thelma Tokunbo The Nigerian National Petroleum Company Limited (NNPC Ltd.) has identified the illiquidity of foreign exchange (forex) as a key factor contributing to…

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Dangote says NNPCL yet to lift petrol from its refinery, debunks reports of sales at N897 per litre
September 5, 2024DownstreamMidstreamNewsOil & Gas

Dangote says NNPCL yet to lift petrol from its refinery, debunks reports of sales at N897 per litre

PMS market is strictly regulated, marketers have no control over fuel prices – Chiejina, Dangote spokesperson Oredola Adeola The Dangote Group has clarified that the Nigerian National Petroleum Company Limited (NNPC) has not yet commenced lifting Premium Motor Spirit (petrol)…

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