Tag: Downstream

PETROAN Pushes for Crude Allocation to Local Refineries as NMDPRA Approves 83 New Facilities

PETROAN President Billy Gillis-Harry stated that the 83 refinery licenses issued by…

Esther Udoh

Nigeria Encounters Challenges in Addressing Stranded Crude Volumes

Data indicates that International Oil Companies (IOCs) in Nigeria are bypassing local…

Esther Udoh

NUPRC Describes 2024 Oil Bid Round as Nigeria’s Most Transparent Yet

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) defended the 2024 oil licensing…

Esther Udoh

Geometric Power Restores Electricity Following Resumption of Gas Supply

Gas supply to the 188MW Geometric Power Plant in Aba, Abia State,…

Esther Udoh

Russia Anticipates Decline in Oil Exports and Prices This Year

Russia has revised its economic outlook, projecting a 5.3% drop in exports…

Esther Udoh

Experts say Nigeria’s oil and gas reforms require incentives to draw in investors

Experts in Nigeria's oil and gas sector emphasized that government incentives are…

Esther Udoh

US Energy Grows Carbon Capture Portfolio with Recent Acquisition

U.S. Energy Corporation has expanded its carbon capture operations in Montana by…

Esther Udoh

NNPC Unveils Revised Fuel Prices in Abuja, Lagos, Distributes Free Petrol to Consumers.

NNPC has reduced petrol prices in Lagos and Abuja by N15, with…

Esther Udoh

Gunvor, Adnoc Make Shortlist for Shell’s South Africa Division

Adnoc and Gunvor have been shortlisted to acquire Shell’s downstream assets in…

Esther Udoh

Experts, Consumers Split Over NERC’s N628 Million Fine on DisCos for Estimated Billing Violations

The Nigerian Electricity Regulatory Commission (NERC) has fined eight DisCos a total…

Esther Udoh