OPEC Daily Basket – April 20, 2021 OPEC daily basket price stood at $65.36 a barrel Tuesday, 20 April 2021, compared with $65.10 the previous day https://www.opec.org/opec_web/en/press_room/6291.htm
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GAS CODE: DPR to work with GENCOs on challenges – AUWALU The Department of Petroleum Resources (DPR) says it will align itself with the challenges identified by the Electricity Generating companies as regards the Nigeria Gas Transportation Network Code (NGTNC). Mr Sarki Auwalu, DPR Chief Executive Officer, disclosed this at the NGTNC engagement with the
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BREAKING: Petrol shortage hits Abuja as product sells N500 per litre By Eyo Nsima There are indications that the nation might be in another round of petrol shortage as long queues have emerged in Abuja, Nigeria. A survey of Abuja and its environs showed that the situation was driven by panic buying despite the assurances
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NNPC Boosts Daily PMS Truck- out from 550 to 1,661 to Tackle Fuel Queues The Nigerian National Petroleum Corporation (NNPC) has increased the daily supply of Premium Motor Spirit (petrol) across the country from 550 trucks to 1,661 trucks to combat the build up of fuel queues in some parts of the country. A statement
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OPEC Daily Basket – April 19, 2021 OPEC daily basket price stood at $65.10 a barrel Monday, 19 April 2021, compared with $65.21 the previous Friday https://www.opec.org/opec_web/en/press_room/6291.htm
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PETROL: We’ll not change price in May despite rising oil prices — NNPC The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has said that there will be no increase in the ex-depot price of Petrol in May 2021 despite the rising prices of crude oil in the global market. Mallam Kyari
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By Eyo Nsima Techno Oil, an integrated, wholly indigenous company that holds a diverse portfolio of prime investments in oil and gas, energy, infrastructure, and manufacturing, has expressed its commitment to Health, Safety, and Environment. In a report obtained from its website, the company stated: “Techno Oil has an unwavering commitment to operations integrity, safety
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Banner Energy has obtained Approval to construct 13,000MT LPG coastal storage in Ikot-Abasi, Akwa-Ibom State — Mr. Nuhu Yakubu What motivated your company to invest in the LPG sector? The policy is aimed at enthroning gas as preferred energy for the domestic economy because it’s comparatively cheaper. While a litre of government subsidized
Nigeria’s Bonny Light price hits $65.01 per day — OPEC By Eyo Nsima The price of Nigeria’s Bonny Light has risen further to $65.01 per barrel, according to the Organisation of Petroleum Exporting Countries, OPEC, Monthly Oil Market Report, MOMR, April 13, 2021. Before the report, the price of the crude had hovered at $61.50 per
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We don’t know how much crude oil Nigeria produces – NEITI THE Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, NEITI, Dr. Orji Ogbonna Orji has disclosed that no Nigerian knows the exact volume of crude oil produced in Nigeria. Dr. Orji explained that the absence of meters at wellheads and the lack of capacity
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