Monday, April 29, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Petrobarometer

Buhari to inaugurate 5,000bpd refinery in Imo on Tuesday

    Buhari to inaugurate 5,000bpd refinery in Imo on Tuesday

President Muhammadu Buhari is set to inaugurate the first phase of a 5,000 barrels per day (bpd) modular refinery, owned by Waltersmith Limited, in Ibigwe, Imo state on November 24,

0 comment Read Full Article

ICSID may ruin OPL 245 prosecution, CSOs warn World Bank

    ICSID may ruin OPL 245 prosecution, CSOs warn World Bank

A coalition of civil society organisations says Nigeria’s efforts to prosecute illicit funds with the OPL 245 deal may be compromised by the International Centre for Settlement of Investment Disputes

0 comment Read Full Article

NNPC: Crude oil in commercial quantity discovered in Benue Trough

    NNPC: Crude oil in commercial quantity discovered in Benue Trough

The Nigerian National Petroleum Corporation (NNPC) says the crude oil found in the Benue Trough is in commercial quantity. In October 2019, the corporation announced the discovery of hydrocarbon deposits

0 comment Read Full Article

Nigeria signs MoU to import fuel from Niger Republic

    Nigeria signs MoU to import fuel from Niger Republic

The Nigerian government, through the ministry of petroleum resources, has signed a memorandum of understanding with the government of Niger Republic for petroleum products importation. According to a statement released

2 comments Read Full Article

NLC: Fuel price hike is against our agreement with FG

    NLC: Fuel price hike is against our agreement with FG

The Nigeria Labour Congress (NLC) says the recent increase in the pump price of premium motor spirit (PMS), otherwise known

0 comment Read Full Article

NNPC: We’ll sell petrol to depot owners at N153.17 per litre online

    NNPC: We’ll sell petrol to depot owners at N153.17 per litre online

The Nigerian National Petroleum Corporation (NNPC) says oil marketers will be able to buy petrol at N153.17 per litre on

0 comment Read Full Article

OPL 245: UK court rules Nigeria lawsuit against JP Morgan will go to trial

    OPL 245: UK court rules Nigeria lawsuit against JP Morgan will go to trial

A London high court has ruled that Nigeria’s $1.7 billion lawsuit against JP Morgan Chase for its role in the

0 comment Read Full Article

NNPC: Don’t panic, PENGASSAN strike won’t lead to fuel scarcity

    NNPC: Don’t panic, PENGASSAN strike won’t lead to fuel scarcity

The Nigerian National Petroleum Corporation (NNPC) says the ongoing nationwide strike by some oil workers will not lead to fuel

0 comment Read Full Article

Fuel scarcity looms as PENGASSAN begins nationwide strike

    Fuel scarcity looms as PENGASSAN begins nationwide strike

Oil workers under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have commenced a

0 comment Read Full Article

NNPC confirms explosion at 10,000mpd OML 40

    NNPC confirms explosion at 10,000mpd OML 40

The Nigerian National Petroleum Corporation (NNPC) has confirmed an explosion at Oil Mining Lease (OML) 40 operated by the Nigerian

0 comment Read Full Article
error: Content is protected from copying.