October 27, 2023
Nigeria: Senate to Investigate Implementation of Petroleum Industry Act
The Senate noted that the PIA implementation had yet to produced any workable coordination or clearing house by which NNPCL, regulators and oil producing companies, coordinate to… Read more »
October 26, 2023
Nigeria: P&ID - UK Court Clears Nigerian Lawyer of Wrongdoing
For years, during the litigation in the United Kingdom, the Nigerian government and its lawyers accused Mr Shasore of not pursuing the government's case diligently. Read more »
October 25, 2023
Nigeria: Oil Theft - Navy Deploys 10 Warships, Helicopters to Nigeria's Waters
The Nigerian authorities have been struggling to curb oil theft in the Niger Delta region. Read more »
Nigeria: Oil Theft - 149 Incidents Recorded Across Niger Delta in One Week - NNPCL
"In some areas of the Niger Delta, it's become a warfare of sorts," the NNPCL said. Read more »
October 24, 2023
Nigeria: Nigerian Govt Seeks Home-Grown Solutions to Address Petroleum Industry Challenges
"My expectation is for us to come up with our home-grown solution to address our problem in the petroleum industry," an official said. Read more »
Nigeria: Senate Probes N11.35 Trn Spent On Rehabilitation of Refineries
The Senate noted that despite the moribund state of the nation's four refineries, their operating costs between 2010 and 2020 were estimated at N4.8 trillion Naira. Read more »
Nigeria: Despite Petrol Subsidy Removal, Crises Linger in Nigeria's Downstream Sector
The crises hampering operations in the oil sector linger as Nigerians continue to lament the ripple effect of high pump prices. Read more »
October 23, 2023
Nigeria: Nigeria Wins As UK Court Dismisses $11 Billion P&ID Suit
The UK court upheld Nigeria's prayer on the ground that the ill-fated gas processing contract was obtained by fraud. Read more »
October 22, 2023
Nigeria: Pipeline Contract - Group Cautions Ex-Militants Against Sabotaging Tompolo
Some ex-militants in the region had criticised the recent extension of the pipeline surveillance contract awarded to Tantita Security Services led by Government Ekpemupolo,… Read more »
October 14, 2023
Nigeria: Nigerian Govt Targets 2 Million Bpd Oil Output
"I want to assure you, we've just been here for a few weeks. I've been here for less than two months. I assure you that by the end of the year, there will be a visible difference… Read more »
October 13, 2023
Nigeria: Shell Admits Crude Oil Spill From Peremabiri Flow Station in Bayelsa
Shell says an investigation into crude oil from Peremabiri flow station in Bayelsa to unravel the cause and volume of oil discharged is underway. Read more »
Nigeria: 11 Vehicles Burnt in Petrol Tanker Explosion in Lagos
Lagos fire agency says no lives were lost and no "injuries recorded as occupants escaped unhurt." Read more »
October 12, 2023
Nigeria: Oil Theft - Military Destroys 53 Illegal Refining Sites, Arrests 19 Suspects
The military says troops destroyed illegal refining sites and have sustained momentum against crude oil theft in the Niger Delta region. Read more »
October 10, 2023
Nigeria: Senate Launches Probe Into Crude Oil Theft, Tasks Five Committees
The Senate resolved to invstigate the oil theft in the Niger Delta following adoption of a motion at plenary on Tuesday on 'Urgent need to investigate incessant and nefarious acts… Read more »
Nigeria: Nigeria Spent N4 Trillion in 2022 on Petrol Subsidy - Official
According to an official, in 2022, the Nigerian government expended more than N4 trillion on PMS subsidy. Read more »
Nigeria: Nigerian National Petroleum Company Limited Now Sole Importer of Petrol - Official
"We are the only company importing premium motor spirit (PMS) into the country," an official said. Read more »
Nigeria: Nigerian Regulators, Oil Marketers to End Petrol Distribution Challenges
"So, NNPC has assured of supply and also the marketers have expressed their concerns about the availability of foreign exchange to also import and sell at the price," Mr Ahmed… Read more »
October 09, 2023
Nigeria: Nigeria to Become Net Exporter of Petrol - NNPCL
"Today, we export 100 per cent of our productions, no resource-dependent country does this and that is why we must deliver on our mandate," an official noted. Read more »
Nigeria: Nigeria Govt Not Paying Subsidy On Petrol - NNPCL
"No subsidy whatsoever. We are recovering our full cost from the products that we import. We sell to the market and we understand why the marketers are unable to import," an… Read more »
Nigeria: NNPCL Reacts to Report of Awarding Control of Pipelines to 'Cabal'
NNPCL was reacting to reports alleging that its managing director, Mele Kyari, quietly awarded the control of Nigeria's pipelines to an oil "cabal" Read more »
October 05, 2023
Nigeria: Divestment of Oil Assets - Ncdmb Warns Against Reduction in Compliance, Tax Revenue
Wabote said the ongoing and other planned divestments are big accomplishments for Nigerian Content development. Read more »
October 03, 2023
Nigeria: Illegal Oil Refinery Explosion Kills 37 - Report
The explosion incident occurred at an illegal refinery site in the early hours of Monday. Read more »
Nigeria: Shell Data Under Scrutiny as Methane Emissions Rise
With over a third of methane emissions stemming from fossil fuels production and operation, oil majors - led by Shell - publicly claim to be reducing their methane pollution. Read more »
October 01, 2023
Nigeria: OVH Acquisition - NNPC Retail Workers Reveal Alleged Gaps in Reps Committee's Probe
The NNPC workers urged the House of Representatives committee probing the NNPC-OVH deal to carry out a thorough investigation and ensure justice. Read more »
Nigeria: SERAP Sues 36 Governors Over Failure to Account for N72 Billion Subsidy Palliative
The federal government recently disbursed N2 billion out of the N5 billion palliative package to each state of the federation and the federal capital territory (FCT), to address… Read more »