Industry

By William Emmanuel UkpojuThe latest outlook Report from the African Energy Chamber presents a nuanced view of the global oil and gas supply landscape, marked by short-term adjustments, medium-term optimism, and long-term projections.…
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By Gideon Osaka The recent approval of four oil assets divestment by the Nigerian government has further reinforced the future plans of international oil companies (IOCs) sending mixed signals that could impact the oil sector and…
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By William Emmanuel Ukpoju Mr. Julius Rone (2nd right) with other Panel discussants shortly after their session In a significant boost to Africa's gas industry, leading Floating Liquefied Natural Gas (FLNG) operators and project…
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By Saidu Abubakar Buoyed by the ranking as Nigeria’s top performing organisation in efficiency and transparency from 2022 to date, the Nigerian Content Development and Monitoring Board (NCDMB) has unveiled plans to mark the 2024…
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A Federal Account Allocation Committee report has criticised the Nigerian National Petroleu͏m Company (NNPC) for an additional N1.19 trillion subsidy refund for July 2024. The critique came shortly after NNPC noted that the request…
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The businessman and his executives aim to formalize the direct acquisition and operation of oil blocks in Angola’s onshore and offshore areas, as well as the acquisition or management of cement factories. The following article was…
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Faced with soaring petrol prices after an end to fuel subsidies, some Nigerians are convertng their cars to run on compressed natural gas. Car mechanic Adebola Omotosho has to drive eight kilometers across Nigeria’s bustling commercial…
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Kuwait has announced a bold $33 billion investment plan to boost its oil production capacity but Nigeria grapples with a myriad of challenges in its oil sector. Findings showed Kuwait Petroleum Corporation (KPC), the equivalent of…
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The Trade Union Congress of Nigeria (TUC) has called on the Federal Government to go beyond the processing of crude in the old Porth Harcourt refinery and expedite work in all the other refineries in the country including the new Porth…
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…Calls For Licensing Of Artisanal Refineries The Pan Niger Delta Forum (PANDEF) has hailed the commencement of refining of petroleum products by Port Harcourt refineries, saying that its resumption will create jobs for Nigerians and…
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