NNPC eyes 20% stake in Dangote refinery The Nigerian National Petroleum Company Limited on Tuesday disclosed plans to raise its equity stake in the $20bn Dangote Petroleum Refinery to 20 per cent, as part of efforts to strRead More
Oil & Gas Enthusiasts
BREAKING NEWS: Dangote Petroleum Refinery has achieved a milestone of producing 70 million liters daily, exceeding Nigeria's domestic fuel needs.The Dangote Petroleum Refinery has reiterated its commitment to ensuring a stable aRead More
Dangote Begins Crude Oil Production SoonThe Dangote refinery is expected to start crude oil production soon, a report by S&P Global has said. Dangote’s upstream oil assets, Oil Mining Leases 71 and 72, are expected to start Read More
NUPRC eyes 600,000bpd from fresh 28 field investmentsThe Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said the 28 Field Development Plans (FDPs) so far approved in 2025 will add 600,000 barrels of oil per day anRead More
Innoson to build CNG plant in Bayelsa Nigerian vehicle manufacturers, Innoson Vehicles Manufacturing (IVM) Limited, has disclosed plans to establish a Compressed Natural Gas (CNG) assembly plant in Bayelsa.The ManagiRead More
Olugbemi. Adeyinka Ogunleye
It will be interesting to note if this plant will be built by Innoson. If so, it will herald Nigerian Engineering businesses to take on Infrastructure projects
BREAKING: Shell invests $2bn in new offshore gas project in NigeriaShell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, says it has taken a final investment decision (FID) on the HI offshRead More
PENGASSAN strike responsible for cooking gas price hike – NNPC The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, Bayo Ojulari, has attributed the recent increase in the priRead More
NNPCL Increases Fuel Price To ₦905 The Nigerian National Petroleum Company Limited has increased its premium motor spirit price.DAILY POST reports that NNPCL retail outlets in Wuse Zone 6 and Zone 4 have increased their petRead More
NUPRC: Nigeria’s rig count surges to 69The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reported a strong resurgence in activities across the country’s oil and gas upstream sector, highlighted by a remarkable riRead More
Marketers Fear Fuel Price Hike As PENGASSAN Strike Begins Nigerians may face tougher days ahead as the nationwide strike declared by the Petroleum and Natural Gas Senior Staff Association of Nigeria, beginning from today (MRead More
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A Community of Oil, Gas, and Energy News. We will also be discussing opportunities, projects and ongoing initiatives in the Oil and Gas industry and for small businesses
A Community of Oil, Gas, and Energy News. We will also be discussing opportunities, projects and ongoing initiatives in the Oil and Gas industry and for small businesses
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Olugbemi. Adeyinka Ogunleye
What I struggle to understand is why did NNPCL forgo it shares in the same company just a year ago, claiming it did not align with their strategic interests... only to eat their words a year later...