Port Harcourt refinery targets December for production
Port Harcourt, Aug. 25, 2023: Minister for State Petroleum Resources, Mr Heineken Lokpbiri said Port Harcourt refinery will resume production...
Oil and Gas
Oil thieves flee as troops destroy illegal refinery in Delta
Abuja, Aug. 24, 2023: Troops of 6 Division, Nigerian Army destroyed eight active ovens used for refining of stolen crude...
Lokpobiri pledges to increase oil production
Abuja, Aug. 22, 2023: Sen. Heineken Lokpobiri, Minister of State (Oil) Petroleum Resources, has assured Nigerians of increased oil production...
NIPCO promises increased investment, sustainable growth
Lagos, Aug. 20, 2023: The Nigerian Independent Petroleum Company (NIPCO) Plc has promised to deepen its investment in the country’s...
Saudi oil cuts leave East Africa in season of high fuel prices
East African economies are facing a sustained period of high fuel prices after Saudi Arabia, the world’s largest oil exporter,...
Petroleum ministry’s directors sign performance contract
Abuja, Aug. 20, 2023: Mr Gabriel Aduda, Permanent Secretary, Ministry of Petroleum Resources has signed Performance Contracts (PC) with the...
Female engineers seek Tinubu’s approval to fix moribund refineries
Lagos, Aug. 20, 2023: The Association of Professional Women Engineers of Nigeria (APWEN), on Saturday appealed to President Bola Tinubu...
China’s Central Bank conducts 98-bln-Yuan reverse repos
Beijing, Aug, 18, 2023: China’s Central Bank conducted 98 billion Yuan (13.6 billion U.S. dollars) of seven-day reverse repos at...
Economic council says Excess crude account $474,000
Abuja, Aug. 18, 2023: The National Economic Council has revealed that the nation’s excess crude account currently stands at 473,754.57...
Tinubu commits to domestic use, export of gas
President Bola Ahmed Tinubu has pledged government’s commitment to leveraging on the domestic utilization, processing and international export of Nigeria's...
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