Industry

Downstream oil and gas operator, Eterna Plc has lamented the effect of the intractable scarcity of foreign exchange (FX) and the inadequate number of delivery ships technically known as 'Mother vessels', bringing imported petroleum…
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The Nigeria Liquefied Natural Gas (NLNG) Limited has launched a Global Memoranda of Understanding (GMoU) involving six new cluster communities in Rivers State. They are Abua, Egi, Ekpeye, Kalabari, Ogba and Okrika. Chairman, House…
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The last may not have been heard on the acquisition of the $1.3 billion worth of shares of Mobil Producing Nigeria Unlimited by an indigenous oil company, Seplat Energy offshore Limited. This follows a surprise announcement last…
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The Federal Government on Sunday announced that it was carrying out a study to identify suitable gas flare sites for auction and that it would issue flare sites to technically competent companies through a competitive bid process. …
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Mallam Mele Kyar The scary and scandalous revelation by Mr. Mele Kyari, the Group Chief Executive Officer (GCEO), Nigerian National Petroleum Corporation (NNPC) Limited, that Nigeria loses a staggering sum of $1.9 billion monthly to…
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Chairman of Oilserv Group, Engr. Emeka Okwuosa said Africa needs nothing less than $3 trillion to meet its energy requirements by 2050. He pointed out that power remains the resource which would propel Africa’s economies from…
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In a fresh effort to rescue the economy from asphyxiation, the Federal Government has taken the battle against crude oil theft a notch higher by retooling security agencies stationed in oil producing communities across the Niger Delta…
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The Nigerian Association of Petroleum Explorationists (NAPE) called for sanctions on international oil companies (IOCs) that flout the decommissioning of non-functional oil and gas assets before their planned exit. Speaking in Abuja…
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*Eyes inflow of Direct Foreign Investment *Expanded access to Affordable Energy *Job Creation Less than a month after the unveiling of NNPC Ltd by Mr. President, has today, 12th August 2022, excitedly announced the execution of…
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The attention of Nigeria LNG Limited (NLNG) has been drawn to a publication in the Vanguard Online of 10th August 2022 under the caption: "How govt officials facilitated $1.2bn crude oil, gas theft – Source." The report is false,…
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