… claims as of June 2024, average sulfur content in all imported Diesel is below 50/ppm limits … says deregulation of downstream sector allows petroleum marketers to source products freely “We deferred declaration, to allow local refineries continue to…
…alleges DRC’s recent batch of diesel contains 1200/ppm Sulphur contents, exceeds 200/ppm imported by marketers … urges all downstream operators to adhere to PIA 2021, avoid monopolistic practices Oredola Adeola The Depot and Petroleum Products Marketers Association of…
“Nigeria still requires substantial investments in the oil and gas sector” – Tinubu informs GCEO of Standard Chartered Bank Oredola Adeola The Federal Government has confirmed Standard Chartered Bank’s commitment to providing $3 billion in innovative financing…
… faults IOCs for inflating local crude prices by $6 above market rates Oredola Adeola Dangote Oil Refinery and Petrochemicals has raised concerns about its survival, accusing the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) of granting licenses…
…flared gas in 2023, reaches 148 bcm, highest level since 2019 … 9 bcm increase reverts world to levels last seen in 2019, with 6 years left to zero routine flaring deadline Oredola Adeola The World Bank has reported…
… to leverage NUPRC’s marginal field scheme Oredola Adeola The Petroleum Technology Association of Nigeria (PETAN) has proposed a Joint Venture (JV) model with the Abia State Government to own and operate 53 existing wells and 105 capped wellheads…
Oredola Adeola The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has encouraged Canadian businesses and investors to seize the vast opportunities in Nigeria’s gas sector through the Decade of Gas initiative and the Petroleum Industry Act (PIA) 2021.…
… shares local content experience with Uganda energy officials “African oil-producing countries cannot achieve enough when they operate in silos,” Halilu, NCDMB Director Oredola Adeola The Nigerian Content Development and Monitoring Board (NCDMB) has called on African oil-producing countries to…
… reveals documents on fiscal policy proposal not official …fuel subsidy regime has ended -Minister of Finance Oredola Adeola The Federal Government has dismissed rumours sparked by a leaked document suggesting that N5.4 trillion has been earmarked…
… confirms ex-depot prices down from N20m to N15m per 20MT, retail prices drop to N900/kg Oredola Adeola The Nigerian Association of Liquefied Petroleum Gas Marketers(NALPGAM) has lauded the efforts of Rt. Hon. Ekperikpe Ekpo, Minister of…
