Downstream Sector News Today

The Nation Newspaper You can't divest without remediation for damaged environment, House tells exiting IOCs

Nigeria's oil industry, which accounts for approximately 90% of the country's foreign exchange earnings, has been a significant contributor to its economic growth. However, the benefits of this natural resource have not trickled down to the masses. The country's refineries operate below capacity, leading to a reliance on imported fuel to meet the demand.

PRC Europe (May 13-14, 2024, Amsterdam) is an annual closed-door Downstream Oil and Gas B2B networking Congress focusing on industry defossilisation and decarbonisation at the core of its programme.

Here is the list of the top 3 news on Tempo English today.

Angola’s premier event for the oil and gas sector, the Angola Oil & Gas (AOG) Conference and Exhibition, took place in Luanda from...

One Week to Go Until Angola Oil & Gas 2023

There is no gainsaying the fact that the NLC is being hypocritical on their stance as regards fuel subsidy removal. As a matter of fact, I believe that their call for protest against the removal of subsidy was hypocritical considering the fact that they even supported and campaigned for a Presidential candidate who advocated for subsidy removal during electioneering campaign. It only shows that the NLC is not committed to principle and that they are only being a toothless bulldog that they have ...

The African Action Congress (AAC), one of the political parties that participated in Nigeria’s 2023 general elections, has directed its members across the country to join the Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC) proposed nationwide strike. The strike is scheduled to start on Wednesday over the announcement of fuel subsidy removal by President Bola Tinubu. The AAC gave the directive on Sunday in a statement issued by its National Working Committee and signed by its ...

New landmark: ‘This step opens up wider horizons for investing in other phases of the project’, Hilal al KharusiBUSINESS REPORTERMUSCAT, JAN 10OQ,...

Major Oil Marketers Association of Nigeria (MOMAN) and other players in the downstream sector have urged the Federal Government to implement the Petroleum Industry Act (PIA) if it plans to wean Nigerians off cheap petrol and focus on other priority sectors.