Oil & Gas

NNPC records 92% increase in Sales of Petroleum Products in October

NNPC records 92% increase in Sales of Petroleum Products in October …Increases Gas Supply to Power Plants by 8.60% The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded a total of ₦158.04 billion from the sales of white products in the month of October 2020 […]

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OPEC plans First Ministerial Roundtable on Energy, Climate and Sustainable Development for oil-producing countries

OIL MARKET: We will continue to assess market conditions, and take necessary actions through the DoC

OIL MARKET: We will continue to assess market conditions, and take necessary actions through the DoC By HE Mohammad Sanusi Barkindo     It is a great pleasure to deliver this ‘Special Address’ at the S&P Global Platts Americas Petroleum and Energy Conference.  I would like to thank the organizers for the invitation, and to

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LABOUR: PENGASSAN issues ultimatum to Agip, threatens shut to 200,000 bpd output

LABOUR: PENGASSAN issues ultimatum to Agip, threatens to shut 200,000 bpd output The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, has issued a seven-day ultimatum to Nigerian Agip Oil Company, NAOC, requesting it to stop its anti-labor posture and halt all forms of intimidation against workers. In a statement obtained by The

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PIB: House of Representatives begins Public Hearing in Abuja, Nigeria

PIB: House of Representatives begins Public Hearing in Abuja, Nigeria The House of Representatives has started a two-day Public Hearing on the much prolonged Nigeria’s Petroleum Industry Bill, PIB, in Abuja, Nigeria. Stakeholders present at the ongoing Public Hearing include the Representatives of International Oil Companies, IOCs, indigenous oil and gas companies, services companies, host

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NNPC wins New Telegraph’s Award for Transparency

NNPC wins New Telegraph’s Award for Transparency   The efforts of the Mallam Mele Kyari-led Management of the Nigerian National Petroleum Corporation (NNPC) to entrench the culture of transparency in the system have begun to receive recognition with the Corporation named as the “Government Agency of the Year 2020 (Transparency)” by the New Telegraph Newspaper.

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Total: Shareholders approve board resolutions

Total emerges leading distributor of E85 in France

Total emerges leading distributor of E85 in France   In order to meet the growing demand for E85, a mostly renewable fuel benefiting from an attractive price and producing fewer greenhouse gas emissions, Total has stepped up the deployment of E85 super ethanol within its service stations to become today the largest distribution network of E85

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Experts, Stakeholders call for collaboration on gas liquidity, pricing, others

Experts, Stakeholders call for collaboration on gas liquidity, pricing, others   Experts and Stakeholders, who rose from the Nigerian Gas Association (NGA) Multilogues in Lagos, have called for the review of gas pricing, liquidity and other issues in order to achieve the sustainable development of the sector. In a communiqué obtained by The Daily, http://www.thedaily-ng.com, they stated: “The multilogues

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DPR generates N2.24trn in 8 months, targets N5trn in December

LPG: DPR cautions against black market, sharp practices

LPG: DPR cautions against black market, sharp practices The Department of Petroleum Resources has warned those who indulge in illegal sale of Liquefied Petroleum Gas and other sharp practices to desist from such henceforth. It said ‘black market’ gas distribution was a serious danger to the gas sector. Operations Controller, DPR, Warri Zonal Office, Mr

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Sahara Group celebrates 25 years of global expansion, operational efficiency

Sahara Group celebrates 25 years of global expansion, operational efficiency   Executive Director, Sahara Group, Temitope Shonubi has said the energy conglomerate’s impressive growth trajectory since 1996 has been driven by knowledge, business integrity, humility, diverse people and robust global network. “These past 25 years, knowledge has been the empowering tool for Sahara, business integrity

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