Headlines DPR confirms Oando depot fire containment Chinazor Megbolu The Department of Petroleum Resources (DPR) has confirmed the containment of the Thursday’s fire incident at OVH Energy tank farm at ... By maritimemagNovember 8, 20200
Headlines Chevron Nigeria appoints Richard Kennedy Chairman/MD Chinazor Megbolu Chevron Nigeria Limited has appointed Mr. Richard Kennedy as its new Chairman/Managing Director. The organisation announced this in ... By maritimemagNovember 6, 20200
Headlines NNPC Claims OML 40 oilfield explosion crashes production by 10,000bpd Chinazor Megbolu The Nigerian National Petroleum Corporation (NNPC) had claimed that the explosion at a production facility in Oil Mining Lease (OML) ... By maritimemagNovember 6, 20200
Headlines US dollars crash against major currencies as oil prices surge over sentiments, tension Peter Olaniyi As the United States expect the result of the keenly contested election to choose between the current President, Donald Trump, and ... By maritimemagNovember 5, 20200
Headlines Dangote refinery may be commissioned in 2021 Chinazor Megbolu The management of Dangote Group has ruled out 2020 as the commencement date for the operations of its refinery, saying it ... By maritimemagNovember 1, 20200
Headlines DPR awaits presidential order to announce winners of marginal field bid. Chinazor Megbolu | The Department of Petroleum Resources (DPR), is awaiting presidential directive before announcing the winners of the marginal fields bid round. ... By maritimemagOctober 29, 20200
Headlines DPR to partner NUPENG, PENGASSAN on Covid-19 management Chinazor Megbolu | The Department of Petroleum Resources (DPR) has said the agency is ready to partner with some oil and gas unions ... By maritimemagOctober 25, 20200
Headlines Nigeria spent N10 trillion on oil subsidy in 10 years – Oil marketers. Peter Olaniyi | Oil marketers in Nigeria have rejected any attempt to take the country back to the fuel subsidy regime, which gulped ... By maritimemagOctober 23, 20200
Headlines Oil & Gas companies rake in N400bn from Capital Market Chinazor Megbolu | The oil and gas companies in Nigeria have raked over N400 billion from the nation’s Capital Market. Chief Executive Officer, ... By maritimemagOctober 23, 20200
Headlines Senate stresses importance of legal framework for Local Content Implementation Chinazor Megbolu | The Nigeria’s Senate has stressed the importance of having a strong legal framework for the implementation of local content in ... By maritimemagOctober 20, 20200
Headlines NUPENG denies shutdown of fuel outlets, oil installations for #ENDSARS protests … as FG reopens Marine Beach, Eko Bridges Monday . Chinazor Megbolu | The Nigerian Union of Petroleum and Natural Gas Workers (NUPENG), ... By maritimemagOctober 18, 20200
Headlines Household kerosene price increases by 0.42% per litre Chinazor Megbolu | The National Bureau of Statistics (NBS) reported that the average price per litre for Kerosene has increased from N346.53 in ... By maritimemagOctober 17, 20200
Headlines Exploded Baruwa gas station has no license, operations illegal — DPR Chinazor Megbolu | The preliminary investigations by the Department of Petroleum Resources (DPR) into the gas explosion which occured at Baruwa, a suburb ... By maritimemagOctober 14, 20200
Headlines Banks downgrade Nigeria’s downstream oil sector’s credit ratings, flag N269bn debts Peter Olaniyi | The sum of N268.79 billion loans given by banks to the indigenous oil firms in Nigeria have been rated as ... By maritimemagOctober 14, 20200
Headlines Group signs 10-year deal to buy 500,000 tons LNG annually Chinazor Megbolu | An organisation, Vitol, has signed a 10-year deal with Nigeria Liquefied Natural Gas (NLNG) to buy 500,000 tons of LNG ... By maritimemagOctober 11, 20200
Headlines DPR projects 40bn barrels of oil reserve by 2025 Chinazor Megbolu | The Department of Petroleum Resources (DPR) has projected 40 billion barrels of oil condensate reserve by 2025. The regulatory agency ... By maritimemagOctober 11, 20200
