NCDMB Boss Challenges WAV, Indigenous Firms on Deepwater Operations
The Nigerian Content Development and Monitoring Board (NCDMB) has commended the advanced capabilities and proven track record of a leading indigenous service company, West African Ventures (WAV) Nigeria Limited. The Board emphasized that WAV, alongside other well-established Nigerian firms, should pivot to the
Pipeline Blown-up isn’t activism- Oil Minister
Pipeline vandalism in the Niger Delta isn’t activism, it’s economic suicide. It destroys the environment and undermines the region’s own 3% revenue share from oil companies. This is according to the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri while speaking
19 Gold Field Investment Limited reportedly loses millions of naira worth investment
An Abuja based Investment Company, 19 Gold Field Investment Limited has reportedly lost millions of naira worth investment over alleged breached of agreement. The Managing Director of the Company, Engr. Oladapo Adesina disclosed this in an interview with the newsmen. He stated there
Oil Minister laments non-completion of Brass modern refinery
The Minister of State Petroleum (Oil), Heineken Lokpobiri has condemned the abandonment of the Brass modern refinery in Brass Local Government Area of Bayelsa. Lokpobiri, who was in Bayelsa State to ascertain the level of work done, expressed disaffection with the project’s state.
Dangote Refinery Cuts Petrol Price to ₦890, Promising Relief for Nigerians
Dangote Petroleum Refinery has announced a reduction in the ex-depot price of petrol (PMS) from ₦950 to ₦890 per liter, effective Saturday, February 1st, 2025. This price drop comes as a result of positive trends in the global energy market and lower international
179 Oil Theft Cases in Just One Week-NNPCL
The Nigerian National Petroleum Company Limited says it uncovered 179 incidents of crude oil theft in the past week. The company stated that the war on crude oil theft and vandalism rages on as industry-wide security collaboration continues to safeguard hydrocarbon infrastructure. According
