
Category: Oil & Gas

Petrol prices may drop below ₦500 per litre in 2025 –Marketers
The deregulation policy has introduced competition among producers, driving prices lower.

BP celebrates first gas from its deepwater ‘megaproject’ offshore Africa
Afterward, this gas will be transferred via pipeline to Golar LNG’s floating liquefied natural gas (FLNG) Gimi.

Warri refinery has resumed operations, says NNPCL
Kyari explained that the inspection aimed to show Nigerians the level of work completed so far.

Nigeria approves Shell’s $1.3 billion asset sale to Renaissance
The deal would fulfill Shell’s long-term goal of exiting operations in the challenging Niger Delta area

Seplat to revive idle Nigeria wells following purchase of Exxon’s onshore assets
Seplat, which is listed in Lagos, Nigeria and London, views the acquisition as a good deal in terms of costs and returns

Nigeria’s crude production to increase by 30,000bpd
*As VP Shettima launches Oriental Energy’s FPSO facility in Dubai, says it’s symbol of national ambition *Vessel heads for Nigeria as firm launches $315m offshore asset By Oke Peter In a major gain for President Bola Ahmed Tinubu’s oil sector reforms, Nigeria’s Oriental Energy Resources Limited has unveiled a $315 million Floating Production, Storage and…

Gas has ‘unique’ dual role to play in world energy, says GECF
Gas is abundant, versatile, flexible and the cleanest of hydrocarbons, making it essential for supporting just and equitable energy transitions”

PENGASSAN confirms Port Harcourt Refinery operational amid controversy over missing reformer unit
But in all honesty, the refinery is working, and these products are all there and coming out

TotalEnergies plans $750M offshore Nigeria gas project to boost LNG supply
The French company approved an investment of about $500 million in a joint venture with state-owned Nigerian National Petroleum Co. to develop the Ubeta onshore field.

Port Harcourt refinery: Will NNPCL be able to compete with Dangote?
We are anxiously waiting for a similar gesture to Kaduna Refinery. A country that cannot process its natural resources is still a colony.