NNPC, others sign gas supply agreements with NLNG
The Nigerian National Petroleum Company Limited and five other upstream gas suppliers have signed long-term Gas Supply Agreements with the Nigeria Liquefied Natural Gas Limited for the delivery of 1.29 billion standard cubic feet of feedgas daily.…
PETAN honours SNEPCo MD with Award of Excellence
By Saidu Abubakar The Petroleum Technology Association of Nigeria (PETAN) yesterday presented an Award of Excellence to the Managing Director of Shell Nigeria Exploration and Production Company Ltd (SNEPCo) Ronald Adams, even as it commended Shell for…
Sharp decline in US Crude Oil inventories, gradual easing of distillate supplies – Commerzbank
Oil prices received support in the middle of the week from an unexpectedly sharp decline in US Crude Oil inventories last week of 6 million barrels, as reported by the US Department of Energy, Commerzbank’s commodity analyst Carsten Fritsch notes.…
Refinery: “If I Knew What I Was Going to Go Through, I Wouldn’t Have Tried It” — Aliko
According to a report by Punch on Friday, August 22, 2025, Africa’s richest man, Aliko Dangote, has opened up about the immense struggles he faced while building the $20 billion Dangote Refinery, admitting that had he foreseen the challenges, he might…
NUPRC Concludes Marginal Field License Review, Awaits Ministerial Approval
…PENGASSAN Hails Komolafe’s Transparency The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has completed a case-by-case review of the marginal fields licensing that are due for renewal. The Commission Chief Executive, Engr. Gbenga Komolafe,…
Abakaliki residents, businesses decry three-month power outage
…A housewife, Sylvia Onwe, said many families now suffer food wastage because they cannot preserve their food Residents and business operators in parts of Abakaliki, Ebonyi State, have raised concerns over the three-month-long power outage that has…
NNPC Refinery Casual Staff Go Unpaid for 120 Days
Support staff at NNPC’s Warri refinery, a 125,000Barrels Oil Per Stream Day BPSD facility, have not been paid for four months, Africa Oil+Gas Report (AOGR) has learnt. Dafe Ighomitedo, the workers’ representative Reverend told AOGR that they last…
Seek cheaper financing – NCDMB urges African oil producers
The Nigerian Content Development and Monitoring Board (NCDMB) has tasked oil producing nations, especially in Africa, to introduce dedicated fund schemes at single digit interest rates which local service companies and manufacturers could access in order…
Okorie: When you buy a transformer, NEPA is supposed to pay you, but they hide this policy
In a fiery interview on Voice Tv Friday, August 15, 2025, Chief Princewill Okorie, Executive Director of the Electricity Consumer Advocate Center (ECAC), sharply criticized the recent statement by the National Electric Power Authority (NEPA) — now…
NNPC secures Appeal Court victory against Ararume’s N5b suit
The Nigerian National Petroleum Company Limited (NNPC) said it secured Appeal Court victory to avoid its former board chairman, Senator Ifeanyi Ararume’s N5 billion damages suit. A statement by the state-owned oil firm reads in parts: “On August 8, 2025,…