Local production: FG begins overhaul of refineries to meet target
The Federal Government on Thursday said it had begun the overhauling of its refineries commencing with the Port Harcourt Refinery to achieve its 2023 target
Category : Oil
Latest and breaking oil news from various energy sector around the world. Our news analysis covers Fossil fuels and alternative energy
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Oil has been the world’s most important source of energy since mid-1950s. Its products underpin modern society, supplying energy to power industry, heat homes, fuels for vehicles and various means of transportation to carry goods and people all over the world.
For this reason, it is important we stay informed on one of our high-priced goods to ensure our resources are safe and secured.
OPEC congratulates Sylva, Minister of State Petroleum
The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Mr Mohammad Barkindo, has congratulated Mr Timipre Sylva on his appointment as Nigeria’s Minister
692m barrels of crude oil produced in 2017 – Report
The Nigeria Extractive Industries Transparency Initiative (NEITI) says that 692 million barrels of crude oil was produced in the country in 2017. NEITI disclosed this
Minister pledges to work for better oil, gas sector
The newly inaugurated Minister of State, Petroleum, Mr Timipre Silva, has pledged his readiness to work with all to ensure a viable oil and gas
Ministers: MOMAN, IPMAN task Sylva on passage of PIGB
Oil marketers on Wednesday urged the newly appointed Minster of State for Petroleum Resources, Mr Timipire Sylva, to push for the passage of the Petroleum
Average price of kerosene decreases in July — NBS
The National Bureau of Statistics (NBS), says the average price per litre paid by consumers for National Household Kerosene decreased to N316.03 in July from
Kwara residents paid highest petrol price in July — NBS
The National Bureau of Statistics (NBS), says Kwara residents paid the highest amount for Premium Motor Spirit (PMS) popularly referred to as petrol in July
Average price for cooking gas soars in July — NBS
The National Bureau of Statistics (NBS), says the average price for the refilling of a five kilogramme (kg) cylinder Cooking Gas increased to N2,024.80 in
Depot owners, stakeholders restate commitment on safety of lives, property
Relief may soon come the way of residents of Ijegun-Egba Community area of Lagos, host to several tank farms, as the operators say they are
Shell says crude set ablaze at Kolo Creek not from its operations
Shell Petroleum Development Company of Nigeria (SPDC) says that the fire outbreak from a stockpile of crude in two communities in Ogbia, Bayelsa, did not
