The General Manager (Commercial and Planning) at ANOH Gas Processing Company (AGPC), Mrs. Kike Asuelime has emphasised Nigeria’s promising gas future and the urgent need to transition to cleaner energy. In her opening remarks as one of the lead speakers at the recently concluded 14th Nigerian Liquefied Petroleum Gas Association, (NLPGA) Conference and Exhibition held at the Oriental Hotel in …

Nigeria’s deepwater oil projects now deliver competitive returns and the country has moved from the bottom quartile of 13 indexed countries to the top three, the Presidency has disclosed. The Special Adviser to President Bola Tinubu on energy, Olu Verheijen, disclosed this in a keynote address at an executive session of the Energy Institute and the National Association of Petroleum …

The Nigerian National Petroleum Company Limited (NNPCL), and its partners have revved up crude oil and gas production to 1.8 million barrels per day (mbpd) and 7.4 standard cubic feet per day (scfd). The company which announced this at a briefing yesterday, said the feat was achieved in compliance with the mandate of President Bola Ahmed Tinubu. Speaking on the …

Participants at the second virtual meeting of the African Petroleum Regulatory Forum (AFRIPERF) have reaffirmed their commitment to collaboration and sustainable growth in Africa’s petroleum sector. The Chairman of the session, Engr. Gbenga Komolafe, who is the Chief Executive of Nigeria’s Upstream Petroleum Regulatory Commission (NUPRC), emphasised the importance of unity among African nations to strengthen the continent’s petroleum industry. …

NNPC Gas Marketing Limited (NGML), a subsidiary of NNPC Limited (NNPCL), has executed a gas sale and purchase agreement with the Dangote Petroleum Refinery and Petrochemicals, Lagos. The agreement, signed by the Managing Director of NGML, Mr. Justin Ezeala, and the President/Chief Executive Officer of the Dangote Group, Alhaji Aliko Dangote, on Tuesday at the Corporate Head Office of Dangote …

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said that over 30,000 of its members are set to buy Premium Motor Spirit (PMS), popularly called petrol, from the Dangote Petroleum Refinery in bulk. IPMAN also said that the price of petrol from the $20 billion Lekki-based plant was N940/litre and N990/litre when purchased using ships and trucks, respectively. The …

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has secured an agreement with Dangote Petroleum Refinery to lift products directly. This, according to the association, will ensure the availability of petroleum to Nigerians at a cheaper rate. IPMAN’s National President, Abubakar Garima, announced this at a press briefing on Monday in Abuja, following a meeting of the National Working Committee …

The estimated cost of landing Premium Motor Spirit, commonly known as petrol, on Nigeria’s shores has seen a considerable reduction of 20.34 per cent, dropping to N971.57 per litre over the past three months. This decline in landing cost, which reflects the price of importing and distributing the product, indicates some relief in terms of global market fluctuations and supply …

The Dangote Refinery and Petrochemical is set to begin fuel exports to South Africa, Angola, and Namibia, according to Saturday PUNCH. A highly credible source, who confirmed this exclusively to Saturday PUNCH on Friday, said the management of the 650,000-barrel per-day capacity refinery was at advanced stages of talks with the countries to start lifting fuel. It was gathered that …

NNPC Limited (NNPCL) has debunked the video clip of someone pouring a dark liquid, which he claims to be Premium Motor Spirit (PMS) purportedly bought from an NNPCL retail outlet at Keffi flyover, Nasarawa State. NNPCL said that, after spots checks at all its outlets, it found the claim to be false. The statement by its Chief Corporate Communications Officer, …