The Permanent Secretary, Ministry of Petroleum Resources, Mr Gabriel Aduda, says Canada has pledged to collaborate with Nigeria on developing a robust gas infrastructure network.
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The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has signed a Memorandum of Understanding (MoU) with Africa Indorama Energy Petrochemical Ltd. to supply 800 million scuff of gas to promote industrialisation in Nigeria.
The Brent crude oil, on Thursday, reached its global highest price of $94 per barrel in the year running of 2023. Tight supply conditions are seen as reasons for the surge.
ASHENEWS reports that the Organization of Petroleum Producing Countries (OPEC) says crude oil output production increased mainly in the Islamic Republic of Iran, Nigeria and Iraq.
The Independent Petroleum Marketers Association of Nigeria (IPMAN), has asked the Anambra state governor, Chukwuma Soludo to pay the N900.7 million debt owed to its members over supply of diesel.
The former Nigeria’s President Olusegun Obasanjo has revealed why the oil refineries located in Warri, Port Harcourt and Kaduna states in the country will never work.
The Independent Petroleum Marketers Association of Nigeria (IPMAN), has condemned what it described as the attempt by state governments to take over the role of the regulator of the downstream petroleum operations in Southeast.
The National Security Adviser (NSA), Nuhu Ribadu, says the country is still losing 400,000 barrels of crude oil daily to local and international thieves despite efforts to end the menace.
The Arewa Oil and Gas Marketers Association (AROGMA), said it has concluded arrangements to invite foreign companies to invest in the domestic gas utilization value chain in the country, especially in the northern part of the country.
ASHENEWS reports that the federal government has pledged to restore operations at Port Harcourt Refinery by December 2023.