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Minister commends Waltersmith Refinery, NCDMB for improving domestic refining capacity

Caption L-R: The President Waltersmith Group; Abdulrasaq Isa, Managing Director, Bank of Industry, Olasupo Olusi; Minister of State for Petroleum Resources, Oil, Heineken Lokpobiri and...

TotalEnergies Halts Oil Purchase Contract With Russia

TotalEnergies says it would no longer enter into or renew contracts contracts to purchase Russian oil and petroleum products on account of the country’s...

Oil is owned by Niger Delta, not Nigeria, says author

A Nigerian author and journalist, Michael Owhoko, has said that the oil found in the Niger Delta region belongs to the people of the...

OPEC Global Oil outlook favours Nigeria-Experts

Experts in Oil and Gas Industry have disclosed that the Organisation of Petroleum Exporting Countries, OPEC, Global Oil Outlook favours Nigeria as the Organisation...

DPR clarifies crude accounting process

The Department of Petroleum Resources, DPR, has clarified the process it uses for accounting for crude production in the country, noting that most incidents...

The fiscal terms and laws in Nigeria may not attract investors-Energy Experts

    The existing fiscal terms and other fiscal laws in Nigeria may not necessarily attract investors, except the ongoing reforms in the sector are completed...

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