Executive members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) led by its president, Elder Chinedu Okoronkwo undertook a facility tour of the OPAC modular refineries in Kwale,... Continue

Nigeria’s leading upstream oil company, Seplat Petroleum reported it took an impairment loss of N41.1 billion ($114.4 million) from its interest in OML 55, a contentious Oil block it... Continue

The Nigerian National Petroleum Corporation (NNPC) has signed an Engineering, Procurement & Construction (EPC) contract with Tecnimont SpA, a subsidiary of Maire Tecnimont. This was disclosed by NNPC via... Continue

BY ALEXANDER ADEJOH Mixed reactions have continued to trail the move by the Federal Government to rehabilitate the Port-Harcourt Refining Company (PHRC). The Federal Executive Council (FEC) recently approved the... Continue

The Nigerian National Petroleum Corporation (NNPC) has explained why the Federal Government is spending the huge sum of $1.5 billion on the Port Harcourt refinery, as it weighs in... Continue

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 positive development which the Dangote... Continue