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Industry
Kyari Assures Stakeholders of More Strategic Partnerships
By Moses Patience Chat
The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kyari, has assured stakeholders in the oil and gas industry of a more strategic!-->!-->!-->!-->!-->…
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OPEC Commences 8th International Seminar in Vienna
By Moses Patience Chat
The Organization of the Petroleum Exporting Countries (OPEC) commenced the 8th International Session of its two-day seminar on Wednesday in Vienna.
Guests and speakers at the seminar included Prince!-->!-->!-->!-->!-->!-->!-->…
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Senate Rejects Motion to Investigate Failure of Nigerian Refineries
By Moses Patience Chat
The Senate President, Godswill Akpabio, has rejected a motion seeking to investigate the dilapidated condition of the nation's refineries, despite spending several trillions of naira on their maintenance.
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Gbobo Becomes New MD of Shell Nigeria Gas
By Moses Patience Chat
Shell Petroleum Development Company (SPDC), a leading energy company, has announced the appointment of Mr. Ralph Gbobo as the new Managing Director (MD) of its gas distribution company, Shell Nigeria Gas!-->!-->!-->!-->!-->…
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Barkindo’s CFR: A National Honour Well Deserved And a Good Opportunity to Name a Nigerian Petroleum…
One Year Remembrance
By Yange Ikyaa
In the last week of May 2023, Late Mohammad Sanusi Barkindo, Former Secretary General of the Organization of Petroleum Exporting Countries (OPEC), was honoured by the!-->!-->!-->!-->!-->!-->!-->!-->!-->…
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Will Dangote Refinery Worsen Nigeria’s Downstream Oil Sector Problems?
BY Gideon Osaka
The recent commissioning and imminent commencement of petroleum product supply from the Dangote Refinery has continued to elicit excitement and expectations among Nigerians, industry operators, government officials!-->!-->!-->!-->!-->…
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How Inflation Eroded Petroleum Contracts Value by 50%
By Yange Ikyaa
The entire contract value of the global oil and gas industry dropped by nearly half in the first quarter of 2023, resulting from rising inflation and increased capital cost borrowing.
This is according to a report!-->!-->!-->!-->!-->!-->!-->…
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Nigeria Loses Golden Opportunity in Global Energy Transition Market
By Yange Ikyaa
The ongoing Ukraine war and ensuing sanctions imposed on Russia, which remain the most extensive in world history, have resulted in widespread instability in the oil and natural gas markets, driving well-documented!-->!-->!-->!-->!-->…
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Energy Expert, Valuechain Publisher Side NLC, Fault NNPC’s Fuel Price Framework
By Adaobi Rhema Oguejiofor
Professor Omowumi Iledare, an Expert in Petroleum Economics and Energy Policy, has faulted the recently released fuel pricing framework by the Nigerian National Petroleum Company (NNPC) Limited, describing!-->!-->!-->!-->!-->…
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Energy Transition: How Eni is Going Green
By Adaobi Rhema Oguejiofor
Eni’s voluntary sustainability report has described the company’s contributions to a just transition that ensures access to efficient and sustainable energy, which shares the social and economic benefits!-->!-->!-->!-->!-->…
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