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Sunday, April 11, 2021
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Oil Marketers call for national discourse on fuel subsidy removal

With the price of Brent crude oil still hovering around $61 per barrel, oil marketers under the auspices of Major Oil Marketers Association of...

DPR ISSUES LICENCE TO ESTABLISH FIRST FLOATING LNG PRODUCTION PLANT

DPR ISSUES LICENCE TO ESTABLISH FIRST FLOATING LNG PRODUCTION PLANT TheDepartment of Petroleum Resources (DPR) has issued Licence to Establish (LTE) the first floating...

BonnyLight Energy imports 20,000 MT AGO into Nigerian market

BonnyLight Energy and Offshore Limited, a wholly indigenous petroleum downstream have announced the supply of 20,000.00 MT of Premium Automotive Gas Oil (popularly known...

DPR ASSURES OF PRODUCTS AVAILABILITY DURING YULETIDE

The Department Petroleum Resources (DPR) have assured Nigerians of petroleum products availability during the yuletide period. The DPR said that there is product sufficiency nationwide...

Interview with Abayomi Awobokun, CEO, Enyo Retail & Supply on the firm’s Gas Expansion Plans in Nigeria

Enyo has been operating in Nigeria for a while now and has done well in its expansion across the country so far. As we...

NIPCO fits 6,000 vehicles to run on gas

.Lauds govt, assures of easy conversion of cars to run on gas The Nigerian Independent Petroleum Company (NIPCO) said that it has fitted about 6,000...

COVID 19: FG considers tax holiday for Maritime sector

In a bid to stimulate investment and boost activities in the maritime industry, amid the downturn induced by COVID-19, the Federal Ministry of Transportation...

DPR remits $1.03bn to Federation Account from oil and gas royalties, legacy debts

.Reinforces revenue collection channels  Nigeria’s oil industry regulator, the Department of Petroleum Resources (DPR), has said that as a revenue collection agency of government has...

Deregulation: FG empowers marketers to fix fuel price

.Says PMS price to be determined by international cost of crude oil, market forces The Federal government through the The Petroleum Products Pricing Regulatory...

Crude Affreightment: NIMASA Revives Move to Change Terms of Trade

The Nigerian Maritime Administration and Safety Agency (NIMASA) has revived efforts to change the Terms of Trade for the affreightment of Nigerian crude oil...

Q1 2020: DPR generates N673bn for FG

The Department of Petroleum Resources (DPR) said it has generated the total sum of N673,715,399.92 for the Nigerian Government in the first half of...

27 refineries to refine 375,000 barrels per day by 2022-Sarki

Chief Executive Officer of the Department of Petroleum Resources (DPR), Mr, Sarki Auwalu has disclosed that Nigeria would be a net export of refined...
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ETI appoints Fashina as Group Executive, Operations & Technology

Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group has announced the appointment of Tomisin Fashina as its new Group Executive for Operations...

Shell pays $3.243b to Nigeria’s govt in 2020

Shell, a global leading oil and gas producer on Wednesday published its 2020 Sustainability Report, its Industry Association Climate Review and its annual Payments...

Eni Makes Big Oil Find Offshore Angola

Eni has made a new light oil discovery in Block 15/06, in Angola’s deep offshore. The well has been drilled on the Cuica exploration...

DPR revokes Addax’s oil mining licenses for non-performance

.Re award licenses  to Kaztec and Salvic Consortium The Director Department of Petroleum Resources (DPR), Engr. Sarki Auwalu, has said that DPR revoked three Oil...