Oil & Gas

Nigeria’s first deep-water exploration and production vessel, Bonga, hit a 1-billion-barrel oil export mark on Monday. This milestone is coming three months after a major turnaround maintenance (TAM) of the facility was completed ahead of schedule. Managing Director, Shell Nigeria Exploration and Production Company Limited (SNEPCo), Elohor Aiboni, described the milestone as a celebration of […]

…Beaten Foreign Lubricant Products in the market Despite the harsh macro-economic situation of Nigeria, some indigenous organisations are weathering the storm to manufacture brands and products that can compete favorably and be regarded as best in the global market. One of such companies is Lubcon Limited whose premium brand SUPER RESURS international oil has emerged

By Eyo Nsima As Nigeria’s petrol shortage continued to bite, the Independent Petroleum Marketers Association of Nigeria, IPMAN, has ordered marketers to resume lifting from depots nationwide. The Chairman of IPMAN, Alhaji Mohammed Kuluwa, had previously ordered independent marketers to stop lifting petrol for sale at their filling stations, due mainly to unaddressed issues and

By Eyo Nsima The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has commenced the process of enacting new regulations on crude oil measurement as part of an effort to tackle oil theft. The Commission Chief Executive, Engr. Gbenga Komolafe disclosed, who disclosed this at the 3rd phase stakeholders consultation forum on draft regulations, said that for several

Nigeria’s newest major marketer, Mainland Oil and Gas Company Limited, has accelerated petrol retail services at all its over 54 stations across the country. The company has also slashed the prices of the product at its retail outlets even at a time most other marketers have taken advantage of the prevailing supply crisis in the