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Industry
Rainoil Appoints 3 Managing Directors For Subsidiaries
L-R Mr Emmanuel Omuojine, Managing Director, Rainoil Gas; Dr Gabriel Ogbechie, Group Managing Director (GMD); Mrs Godfrey Ogbechie, Group Executive Director, Rainoil Ltd. and Dr Jude Nwanlune, Managing Director, Rainoil Logistics!-->!-->!-->…
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Conventional Discovered Oil & Gas Volumes Falling To New Lows
Despite rising investments in conventional oil and gas exploration, discovered volumes are falling to new lows.
That’s what Rystad Energy research shows, the company highlighted in a new release sent to Rigzone, adding that its!-->!-->!-->!-->!-->…
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European Refiners Worry as Nigeria’s Petrol Demand Plunges 30%
Image Source: The Street Journal
Nigeria’s demand for Premium Motor Spirit (PMS), otherwise known as petrol, from Europe fell by almost 30 per cent as a result of the scrapping of fuel subsidy by President Bola Tinubu.
This is!-->!-->!-->!-->!-->…
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Niger Coup Worsens Nigeria’s Petrol Declining Market
A military coup in Niger leading to the overthrow of the democratic government which has forced the shuttering of borders has ended planned exports of Nigerian petrol across the continent as demand decreases at home.
Prior to!-->!-->!-->!-->!-->…
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Seplat Grows Gas Revenue to $63.7mn
By Yange Ikyaa
Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, experienced a 10.2 per cent gas revenue, reaching!-->!-->!-->!-->!-->…
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Punish Crude Oil Thieves in Navy, HURIWA Tells Tinubu
By Adaobi Rhema Oguejiofor
The Human Rights Writers Association Of Nigeria (HURIWA), a leading civil rights advocacy body, has appealed to President Bola Ahmed Tinubu to take a transparent, accountable and open stand against the!-->!-->!-->!-->!-->…
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NLNG equips 90 journalists with digital skills
The Nigeria Liquefied Natural Gas Ltd. (NLNG) says its ‘NLNGChangeYourStory’ skills workshop has benefited over 90 journalists since 2015.
The NLNG said the skills workshop aimed at reinforcing their digital communication and social!-->!-->!-->!-->!-->…
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ConocoPhillips Hits Record Output but Sees Profit Fall
Weaker oil and gas prices dragged down second quarter net income for ConocoPhillips Co. but the USA producer nonetheless plans to sustain record production through the rest of 2023.
The Texas state-based company pocketed $2.232!-->!-->!-->!-->!-->…
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Shell, JV Partners Renovate Flood-Ravaged Hospital in Niger Delta
By Moses Patience Chat
The Shell Petroleum Development Company of Nigeria (SPDC) and its joint venture partners have given a new lease of life to government owned Edagberi Cottage Hospital in Ahoada West Local Government Area of!-->!-->!-->!-->!-->…
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Delta State, Jet Systems Partner on EVs to Mitigate Transport Cost
Adaobi Rhema Oguejiofor
The Government of Delta State, in collaboration with Jet Systems Automobile Industry Limited, has taken the first step towards establishing a partnership that can help to ease the cost of transportation in!-->!-->!-->!-->!-->…
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