The global oil market is experiencing shock from an anticipated supply hike by the Organisation of Petroleum Exporting Countries (OPEC), as oil prices edged lower…
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Kategorija: OIL & GAS
Upstream Sector Attracts $18.2bn Investment, Unlocks 1.4bn Oil Barrels
Nigeria’s upstream oil and gas sector has attracted $18.2 billion in new investment commitments, unlocking up to 1.4 billion barrels of oil and 5.4 trillion…
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India Expands Crude Purchase From Nigeria
India Oil Corp has significantly sustained oil imports from Nigeria after skipping the purchase of U.S. oil in its latest tender. According to Reuters, which…
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Tinubu Unveils New 40,000CBM NNPC/Sahara LPG Vessel
President Bola Ahmed Tinubu on Monday inaugurated the newest addition to Nigeria’s liquefied petroleum gas (LPG) fleet, the 40,000 cubic meters (CBM) vessel named “MT…
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Dangote Refinery Takes Delivery Of CNG Trucks For Fuel Distribution Initiative
Dangote Petroleum Refinery & Petrochemicals has commenced receiving 4,000 compressed natural gas-powered trucks, an integral part of its fuel distribution logistics programme. The initiative, set…
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Delta State Lauds Seplat Energy’s Commitment To Host Communities
Seplat Energy Plc, has been lauded by the Delta State Governor, Sheriff Oborevwori, for its sustainability commitments, especially in the execution of its signature Corporate…
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Nigeria Targets West African Bloc For Coordinated Fuel Prices
…Continent’s refining capacity hits 1.365mbpd Nigeria is spearheading an initiative to establish a regional pricing benchmark for refined petroleum products across West Africa, aiming to…
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Sterling Bank Seeks To Boost Non-oil Export With Academy
Sterling Bank Limited has accelerated its push to transform Nigeria’s non-oil export sector by hosting a series of nationwide training programmes across Lagos, Ondo, and…
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Improved Licensing Process Attracts $1.2bn Investment To Modular Refineries
Nigeria has sustained licensing of modular refinery investment with streamlining of processes in line with changing market dynamics that have attracted $1.2 billion since 2022.…
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Scholarships: PTDF Strengthens Oil & Gas Sector With Strategic Partnerships
…Screens 5,723 Applicants The Petroleum Technology Development Fund (PTDF) is reinforcing Nigeria’s oil and gas industry by investing in human capital through its 2025/2026 Overseas…
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