Nigeria’s Petroleum Products Annual Import Bill Now $11bn - Expert   Annually, Nigeria spends as much as $11 billion to import petrochemical related products such as petrol, diesel, and kerosene, amongst others, the Managing Director of United States-based Integrated Gas and Energy Services, Mr. Emmanuel Anyaeto,...

NRC To Begin Haulage Of Petroleum Products   The Nigerian Railway Corporation (NRC) will this week commence movement of petroleum products six years behind schedule. Daily Trust learnt that the first trip for the haulage of the petroleum products will commence this week and the destination is...

OPEC, Investors to Attend Nigeria Petroleum Summit The Minister of State for Petroleum Resources, Dr Ibe Kachikwu says Members of the Organization of Petroleum Exporting Countries (OPEC), and many stakeholders in the oil sector will participate in the first Nigeria International Petroleum Summit (NIPS). Kachikwu...

38 New Gas Flare Sites, Discovered By FG, World Bank The Federal Government, in partnership with the World Bank and the United States Agency for International Development, has discovered 38 additional gas flare sites in Nigeria. Before the recent discovery, data from the Department of Petroleum Resources...