Industry

By Moses Patience Chat ExxonMobil has declared force majeure on its Nigerian Qua Iboe Oil Terminal in Ibeno, near Eket in Akwa Ibom State, following industrial action by its in-house workers' union. The company disclosed this in…
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By Adaobi Rhema Oguejiofor The Vice President, Prof. Yemi Osinbajo, has announced that the N1.2 trillion Ajaokuta-Kaduna-Kano (AKK) natural gas pipeline project, which is being constructed by the Federal Government through the…
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By Danlami Nasir Isah In keeping with the norms, where the report of the Nigerian International Energy Summit is presented to Mr. President, when it is ready, it will this time be presented to the President-elect, Asiwaju Bola…
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By Adaobi Rhema Oguejiofor Employees of Mormar Marines Limited, a pipeline surveillance firm in the Oil Mining Lease 30 (OML 3O), have shut down oil installations in the facility over an alleged non-payment of six months salaries…
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By Adaobi Rhema Oguejiofor The Federal Government has said that the amount of money spent on subsidizing petrol between 2005 and 2021 was about N13 trillion, and that the country also lost about N16.3 trillion to oil theft from 2009…
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By Moses Patience Chat The Nigerian Content Development and Monitoring Board (NCDMB) has completed the training of 500 youths in mobile telephony repairs, hardware, software, and entrepreneurship from Bayelsa State under the…
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 By Moses Patience Chat The Nigerian National Petroleum Company Limited (NNPCL) has restated its unwavering support for the growth and development of the energy sector in reaching the country's security, sustainability and net zero…
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By Adaobi Rhema Oguejiofor A Development Economist, Professor Ken Ife, has said that the federal government must invest in modular refineries in order to bring stabilization to Nigeria’s economy. Ife said this while reacting to…
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By Saidu Abubakar Energy giant, Shell, yesterday reiterated commitment to its presence in Nigeria, confirming that it is instead, deepening its operations in the country thanks to several exciting projects coming on stream. Shell…
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By Moses Patience Chat Rainoil Limited, a major downstream petroleum products marketer, has opened a 5000 squared-metre petrol filling station in Azagba Community of Benin City, the Edo State capital. This was disclosed by the…
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