Industry

By Moses Patience Chat The House of Representatives Speaker, Femi Gbajabiamila, has lamented that Nigeria may lose over $2.4 billion in revenue from the alleged illegal sale of 48 million barrels of crude oil exported in 2015,…
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By Adaobi Rhema Oguejiofor The Federal Government has said that 50.3 Standard Cubic Feet (SCF) of gas, valued at N81 billion and equivalent to $176 million, was lost as a result of gas flaring in two months, despite the energy…
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By Moses Patience Chat The Nigerian Independent Petroleum Company (NIPCO) has invested over $50 million in gas infrastructure to aid diversification of Nigeria’s energy transition and reduce the country’s dependence on fossil fuels…
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By Moses Patience Chat Seplat Energy Plc, a Nigerian Energy company, has reaffirmed its unwavering commitment to sustainability and energy transition. Chief Executive Officer of the company, Roger Brown, revealed this at the…
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By Moses Patience Chat A recent report from Goibaldata, a leading data and analytics company has revealed that Nigeria is set to top Africa's upcoming oil and gas projects with 89 assets under construction across the country. …
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By Adaobi Rhema Oguejiofor Nigeria’s oil production has decreased by 2.9 percent in March, with an oil output of 1.26 million barrels per day (bpd) from the over 1.3 million bpd recorded in the month of February. This was…
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By Adaobi Rhema Oguejiofor The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has cautioned the operators of illegal petrol outlets in Rivers State to either regularize their operations or be ready to face…
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By Adaobi Rhema Oguejiofor The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, Malam Mele Kyari, has said that Nigeria is well positioned to lead the African continent in a just…
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By Moses Patience Chat The Management of Oilserv Limited, has revealed the resignation of its Chairman and Group Chief Executive Officer (CEO) , Engr. Emeka Okwuosa, from the Board of Eroton Exploration and Production Limited as a…
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By Moses Patience The Executive Director/Chief Executive Officer( CEO) of the Nigerian Export Promotion Council (NEPC), Dr Ezra Yakusak, has asserted that the Nigerian economy can survive even if crude oil, which is the major source…
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