Category Archives: Oil & Gas

The Atijere Development Association says the oil field on Eba Island falls within Ondo State and not part of Makun-Omi in Ogun State. In a statement on Sunday, the association described the claims that the oil field falls within Ogun State  as “false, misleading and unsupported by facts,” warning that such assertions could heighten inter-stateContinueContinue reading “Ondo group disputes Ogun ownership of oil rich island”

The Nigerian Independent System Operator (NISO) has announced a “notable” improvement in power generation following the repair and restoration of the vandalised Lagos-Escravos gas supply infrastructure.According to the statement by the Operator, the repair was carried out by the Nigerian Gas Infrastructure Company (NGIC), which it said had enhanced gas supply to several key thermalContinueContinue reading “FG announces improved power supply after gas pipeline repairs”

President Bola Ahmed Tinubu has forwarded to the Senate the names of two nominees for confirmation as chief executives of Nigeria’s Oil and Gas Regulatory Agencies following the resignation of their current heads.The President nominated Oritsemeyiwa Amanorisewo Eyesan as Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and Engineer Saidu Aliyu MohammedContinueContinue reading “Breaking: Tinubu nominates heads for NUPRC, NMDPRA as Ahmed, Komolafe Resign”

There is wide jubilation as the Dangote Petroleum Refinery has once again reduced its petrol gantry price, lowering the ex-depot rate from N828 to N699 per litre.Real-time market data published on Petroleumprice.ng on Friday showed that the refinery implemented another major downward review, cutting the Premium Motor Spirit benchmark price by N129 per litre, aContinueContinue reading “Just In: Dangote refinery reduces fuel depot price”

By Aderemi Bamgbose The Coalition of Oil Producing Youths of Ondo State (COPYOS) has urged President Bola Tinubu to sack Mr Otito Atikase-Ehinmore, the state representative on Niger Delta Development Commission (NDDC) board, over alleged abuse of office.COPYOS made the demand in a petition addressed to Tinubu and signed by 47 members including Samuel IkumapayiContinueContinue reading “Ondo youths petition Tinubu, demand sack of NDDC board member”

Prince Olabiyi Olaleye Poroye, the Chairman of the Ondo State Oil Producing Areas Development Commission (OSOPADEC), has inaugurated the chairpersons and members of the commission’s board committees.The inauguration represents another major step toward strengthening institutional governance, promoting transparency, and enhancing operational efficiency within the Commission, in line with the vision of Ondo State Governor, Dr.ContinueContinue reading “OSOPADEC Chairman, Poroye inaugurates board committee”

The Dangote Petroleum Refinery in a move set to reshape Nigeria’s domestic gas market has reduced the ex-depot price of Liquefied Petroleum Gas (LPG), from N810 to N760 per Kilogram.The latest reduction makes Dangote Refinery the most competitive supplier in the local LPG market, significantly underpricing major competitors.At present, Matrix and Ardova depots sell LPGContinueContinue reading “Just In: Dangote refinery slashes cooking gas to N760/Kg”

The Federal Government has said the Dangote Group will redeploy staff earlier disengaged from its refinery operations, following the resolution of its dispute with the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN).The FG also announced that the redeployed staff will not suffer any loss of pay due to the redeployment.The Minister ofContinueContinue reading “PENGASSAN to call off strike as Dangote refinery agrees to redeploy disengaged staff”

Dangote Petrochemicals and refinery has accused the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) of attempting to sabotage the country’s energy supply chain following a directive by the union to its branches to cut off crude oil and gas supplies to the refinery.In a statement on Saturday, the company described the directiveContinueContinue reading “Dangote refinery accuses PENGASSAN of economic sabotage over suspension of gas, crude”

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has directed its members to halt the supply of crude oil and gas to the Dangote Petroleum Refinery over alleged victimisation of workers who joined the union. In a circular issued on Saturday and signed by the General Secretary, Lumumba Ighotemu Okugbawa, the unionContinueContinue reading “PENGASSAN orders suspension of gas, crude supply to Dangote refinery”