Industry

By Adaobi Rhema Oguejiofor The Nigerian National Petroleum Company (NNPC) Limited has said that energy transition is a gateway to energy security. It also called for global cooperation for the purpose of energy investments in…
Read More...

By Adaobi Rhema Oguejiofor The Organization of Petroleum Exporting Countries (OPEC) has said that Nigeria, after its 1.3 million barrels per day crude oil production in February, is still Africa's top crude oil producer, surpassing…
Read More...

In recognition of the funding challenges facing some of the awardees of the 2020 Marginal Field Bid Round licences, the Nigerian Upstream Regulatory Commission (NUPRC) is planning a production-based lending engagement that will help…
Read More...

By Adaobi Rhema Oguejiofor Downstream operators in the Nigerian oil and gas industry have urged the country's incoming president to make the removal of fuel subsidy and the deregulation of the downstream sector a priority. The…
Read More...

By Moses Patience Chat The Global Process and Pipeline Services Limited (GPPSL), in collaboration with IK-Group of Norway, has deployed for the first time in Nigeria and Africa a 36-inch cryogenic pipeline for Liquefied Natural…
Read More...

The Shell Petroleum Development Company of Nigeria Limited (SPDC), operator of the SPDC joint venture, has lifted the force majeure slammed on Bonny export programme with effect from Wednesday, March 15, 2023. A Spokesperson for…
Read More...

By Moses Patience Chat The Nigerian Content Development and Monitoring Board (NCDMB) has emerged as top performer in business efficiency and transparency in Federal Government’s ranking of ministries, departments and agencies (MDAs)…
Read More...

By Moses Patience Chat The Federal Government at the weekend said it has approached and also asked a London Court in the United Kingdom to cancel a previous judgment that was given, asking Nigeria to pay $11 billion as debt to…
Read More...

By Adaobi Rhema Oguejiofor The Edo State government-backed Edo Modular Refinery has ordered for the supply of 150,000 barrels of crude oil to meet the demand of its growing client base. This was disclosed on Sunday in a…
Read More...

By Moses Patience Chat The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) at the weekend said it has introduced a new measurement regulation draft to help reduce oil loss coming from inaccurate measurements and leakages. …
Read More...