Why PDP wants transparency in NNPC, Dangote Refinery deal

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The Peoples Democratic Party (PDP), Nigeria’s main opposition party has called on the Federal Government to ensure transparency in its planned acquisition of 20%...

Nigeria’s crude hits two year high, sells at $70pb

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The price of Nigeria’s highest revenue earner, crude oil, on Tuesday hit $70.20 a barrel for the first time in two years. This surge, last...

Fuel importation rises by 100 million ltrs in Q1 2021

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Latest importation figures in the financial and operations books of the Nigerian National Petroleum Corporation (NNPC) shows that the import of Premium Motor Spirit...

Total’s Force Majeure on Mozambique LNG, a call for dialogue, firewall against terrorism

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We are disappointed about Total’s recent decision to declare force majeure on its Mozambique LNG Project. While the African Energy Chamber (“AEC”) stands in...

OPEC: Nigeria, others spike oil production quota

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Nigeria and several other members of the Organisation of the Petroleum Exporting Countries (OPEC) exceeded their oil production quotas in March, says S&P Global...

Angola’s agency outlines timeline for ongoing bid-round

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Angola’s National Oil, Gas and Biofuel’s Agency (ANPG) has outlined its timetable for the evaluation of its ongoing 2020 bid round, as interest in...

API, Energy Chamber sign MoU to expand industry initiatives

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The American Petroleum Institute (API) and the African Energy Chamber (AEC) have signed a Memorandum of Understanding (MOU) to collaborate on capacity building initiatives...

Sanwo-Olu thanks Dangote for siting refinery, fertilizer companies in Lagos

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Lagos State governor, Babajide Sanwo-Olu, has commended the Dangote Group for situating the biggest investment in the country in Lagos State, and for the...

Petroleum Resources Ministry, E’Guinea hold bilateral meeting

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H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea met with H.E. Timipre Sylva, Minister of Petroleum Resources of Nigeria...

FG committed to reviving moribund oil, gas facilities

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Director, Department of Petroleum Resources (DPR), Mr Sarki Auwalu, has restated Federal Government’s commitment to the reactivation of all moribund oil and gas support...

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