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Industry
BOI, NCDMB Support Local Manufacturing of Oil and Gas Equipment
Adaobi Rhema Oguejiofor
The Bank of Industry (BOI) and the Nigerian Content Development and Monitoring Board (NCDMB) have collaborated in order to encourage the domestic manufacturing of oil and gas equipment.
The move is!-->!-->!-->!-->!-->!-->!-->…
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Seplat Energy Rejects Accusations of Racism Against Company’s CEO
By Moses Patience Chat
The Chairman of Seplat Energy, Basil Omiyi, has stated that the Company has rejected all allegations made by some of its employees against the Company's Chief Executive Officer (CEO), Roger Brown, bordering on!-->!-->!-->!-->!-->…
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NSCDC Discovers Illegal Refinery in Rivers
By Moses Patience Chat
The Nigeria Security and Civil Defence Corps (NSCDC) in Rivers State has said its secret agents have discovered an illegal local refinery at Otamiri-Etche in Etche Local Government Area of the state.
The!-->!-->!-->!-->!-->!-->!-->!-->!-->…
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Four Projects to help Nigeria Raise Oil Production by 400,000bpd
By Moses Patience Chat
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that it is expecting an increase of about 400,000 barrels per day from some mega projects that will help it to increase Nigeria’s volume!-->!-->!-->!-->!-->…
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CPPE Boss Calls for Immediate Removal of Fuel Subsidy
Adaobi Rhema Oguejiofor
The Chief Executive Officer of the Center for the Promotion of Private Enterprise (CPPE), Dr. Muda Yusuf, has asked for the immediate removal of fuel subsidy regime and the plugging of all identified revenue!-->!-->!-->!-->!-->…
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NNPCL Gives Reasons for Termination of JV with Eroton
By Moses Patience Chat
The Nigerian National Petroleum Company (NNPC) Limited has given reasons why it terminated its Joint Venture (JV) deal with Eroton Exploration and Production Limited.
In a statement signed by Garbadeen!-->!-->!-->!-->!-->!-->!-->…
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Cutting Down Petroleum Production Not Healthy – Shell CEO
Adaobi Rhema Oguejiofor
The new Chief Executive Officer of Shell Plc, Wael Sawan, has said that cutting down oil and gas output,which represents the major activity of the petroleum industry, was not healthy and would be bad for!-->!-->!-->!-->!-->…
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Eroton Seeking Legal Advice on Removal from OML 18
Adaobi Rhema Oguejiofor
San Leon, an independent oil and gas exploration, development and production company with business interest in Nigeria, on Tuesday spoke on the replacement of Eroton as the operator of Oil Mining License 18!-->!-->!-->!-->!-->…
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TotalEnergies Selects FEED for Papua LNG Project
By Yange Ikyaa
TotalEnergies, operator of the project, announces the launch of the fully integrated Front-End Engineering and Design (FEED) for the Papua LNG project.
Following pre-FEED studies, in order to maximize synergies and!-->!-->!-->!-->!-->!-->!-->…
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Seplat Energy Appoints Koosum Kalyan as Independent Non-Executive Director
By Yange Ikyaa
The Board of Directors of Seplat Energy Plc recently appointed of Ms. Koosum P. Kalyan as an Independent Non-Executive Director of the Company who will be joining the Seplat Board with effect from February 28, 2023.!-->!-->!-->!-->!-->!-->!-->…
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