FG ramps up crude production despite fall in demand
Nigeria has joined other oil-producing countries in ramping up oil production despite low demand caused by COVID-19.
$6bn needed to achieve Nigeria’s 2023 LPG goal
Nigeria’s five million tons Liquefied Petroleum Gas (LPG) 2023 consumption target will require at least $6 billion to build the needed infrastructure for it to be achieved, Dayo Adeshina, Programme Manager, National Liquefied Petroleum Gas Expansion Plan has said.
COVID-19: Lebanon extends offshore licensing round
The COVID-19 pandemic has meant more time for oil and gas exploration firms to bid on five blocks offshore Lebanon.
Good-bye to petrol subsidy – NNPC
Finally, the era of subsidy on petrol in Nigeria has gone forever, says Mele Kyari, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC).
How oil and gas industry helps fight coronavirus
The oil and gas industry is facing a downturn exacerbated by the COVID-19 coronavirus pandemic, but companies in the sector are well-placed to help fight the spread of coronavirus.
Global oil crash yet to impact diesel, kerosene prices
Despite the deregulation of petroleum products, the pump prices of diesel and kerosene in Nigeria have yet to reflect the collapse of global crude oil prices, Punch has reported.
Newsletter
Stock Watch
- Advertisement -
- Advertisement -
Nigeria
Nigeria is set for OPEC meeting – Sylva
Nigeria has expressed its readiness to contribute to measures to strengthen and stabilize the oil market in the…
- Advertisement -
International
OPEC reschedules meeting for Thursday
The trade squabble between Riyadh and Moscow on who’s to blame for the collapse in oil prices has…
- Advertisement -
Downstream
TCN, NNPC move to increase gas supply to electricity…
The Transmission Company of Nigeria, TCN, has collaborated with the Nigerian National Petroleum…
Midstream
Cooking gas sellers to operate during the lockdown
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) said on Wednesday that…
Upstream
Aker Energy postpones Ghana project due to COVID-19…
Due to the COVID-19 pandemic, offshore oil and gas operator Aker Energy has terminated a letter of…
- Advertisement -
Oil Tips
10 products made from petroleum
When crude oil or natural gas is processed at a refinery, it is converted into numerous petroleum products. In…
- Advertisement -