Author name: Godswill Odiong

The Management of MRS Oil Nigeria Plc has denied reports that the company was responsible for the importation and distribution of the recently contaminated Premium Motor Spirits (PMS) in the country. MRS in a press statement recently, explained that the NNPC is the sole importer of all PMS in Nigeria. It added that the NNPC,

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says petrol, with methanol quantities above Nigeria’s specification, was discovered in the supply chain. NMDPRA confirmed this in a statement issued recently in Abuja. “Methanol is a regular additive in petrol and is usually blended in an acceptable quantity,” the statement reads. The regulator added that

The Management of Shebah Exploration & Production Company Ltd (SEPCOL) in RECIEVERSHIP, hereby provide further update on the missing crew members following the unfortunate explosion and subsequent fire that engulfed the FPSO Trinity Spirit at the Ukpokiti Terminal in the early hours of Wednesday, 2nd of February 2022. We can confirm that three (3) crew

… Investigation ongoing By Eyo Nsima The National Oil Spill Detection and Response Agency, NOSDRA, has classified the Shebah Exploration & Production Company Limited, SEPCOL, as a tier 2 spill. According to the industry regulation, a tier 2 oil spill is an incident requiring the involvement of Clean Nigeria Associates, CNA, a non-profit Organization and

By Eyo Nsima The price of Nigeria’s Bonny Light, has risen to $95 per barrel, indicating $33 higher than the $62 per barrel 2022 budget benchmark. This year’s budget was also based on the production of 1.8 million barrels per day, bpd, including between 300,000 – 400,000 barrels of Condensate that Nigeria produces daily. Details