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Chevron reaffirms long-term commitment to Nigeria at 66
As Nigeria marks its 66th Independence Anniversary, Chevron companies in Nigeria have reaffirmed their confidence in the country and commitment to long-term investment, responsible energy development and partnerships that support national growth. For more than six decades, Chevron has contributed…
Passengers foil terror attempt on Israel-bound flight
A potentially catastrophic disaster was averted aboard a Dubai-to-Tel Aviv flight after passengers and off-duty pilots intervened to subdue a pilot who had stabbed his colleague and appeared to be attempting to disable or crash the aircraft, leaving more than…
Hormuz shipping rebound yet to ease fuel prices, inflation
The gradual recovery of crude oil shipping through the Strait of Hormuz is unlikely to translate into immediate relief for transportation fuel prices or inflation, as depleted oil inventories, damaged refining capacity and persistent disruption to refined-product shipments continue to…
Audrey Joe-Ezigbo canvasses adoption of resilience as business strategy
Co-Founder and Chief Executive Officer of Falcon Corporation, Audrey Joe-Ezigbo, has called on Nigerian business leaders to institutionalise resilience, strategic agility and disciplined decision-making as critical capabilities for building sustainable enterprises in increasingly volatile operating environments. Audrey spoke at the…
Lagos infrastructure driving national industrialization and job creation, __Gov Sanwo-Olu
The Lagos State Government has reaffirmed its pivotal role in driving Nigeria’s industrial transformation and job creation through strategic infrastructure investments and a supportive business environment. Speaking at the opening ceremony of the Nigeria Oil Refining Summit (NORS) 2026 on…
Dangote canvasses dom-refining ecosystem
Chiarman of Dangote Industries Limited, Alhaji Aliko Dangote, has urged the government to create the commercial, regulatory and infrastructure conditions required to make domestic refining sustainably competitive. In his remarks at the Nigeria Oil Refining Summit in Lagos, Dangote cautioned…
FG woos long-term capital, pledges regulatory certainty for refiners
Federal government has declared that it is implementing policies that drive fundamental shift in Nigeria’s petroleum industry from crude export dependence to an integrated resource value chain that captures greater value from domestic production. Minister of State for Petroleum Resources…
IPPG demands bankable crude market to sustain Nigeria’s refining drive
The Independent Petroleum Producers Group (IPPG) has urged Nigerian petroleum industry stakeholders to shift the prevailing refining debate from installed capacity and regulatory mandates to the more fundamental task of building a commercially viable and reliable crude supply system, warning…
Petroleum licensing: Time to end politics, embrace global best practices
Sopuruchi Onwuka Nigeria’s increasingly aggressive use of petroleum licensing rounds to attract investment, expand exploration and raise oil and gas production risks producing the opposite of the desired outcome if the management of license awards continues to leave critical commercial…
NCDMB deepens China ties, imports manufacturing capacity, technology transfer
The Nigerian Content Development and Monitoring Board (NCDMB) has intensified efforts to attract Chinese investment, manufacturing capacity and technology into Nigeria’s oil and gas industry, engaging more than 100 Chinese Original Equipment Manufacturers (OEMs) in Chengdu, China. The engagement formed…
