Industry

Olu of Warri The Olú of Warri, Ògíamẹ̀ Atúwàtse III on Thursday, May 26, hosted the maiden edition of the Iwereland Petroleum Host Communities Summit at, Àghọ̀fẹn, Ajamimogha – Warri, Delta State. The one-day event aimed at…
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As part of its commitment to deepen women's participation in the Nigerian oil and gas industry, the Nigerian Content Development and Monitoring Board (NCDMB) says it will host the Nigerian Content Consultative Forum (NCCF) Diversity…
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The Shell Petroleum Development Company of Nigeria Limited (SPDC), has announced its support and solidarity to the agenda of the Hydrocarbon Pollution Remediation Project, in providing potable water to the people of Ogoni in Rivers…
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Africa’s first and only specialized petroleum university, ‘The Federal University of Petroleum Resources (FUPRE), Delta has announced its 3rd convocation ceremony scheduled for the 17th and 18th of June 2022. Taking centre stage at…
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Nigerian National Petroleum Corporation (NNPC) Limited has recorded and earned about N1.7trillion from crude oil sales in the last 12 months. The corporation’s latest monthly and financial report for August said the sum was earned…
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Oil prices sank on Friday, after U.S. consumer prices rose more than expected and China imposed new COVID-19 lockdown measures. Brent crude fell $3, or 2.4%, to $120.07 a barrel at 10:56 a.m. EDT (1456 GMT). U.S. West Texas…
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The Total revenue made by the Nigerian National Petroleum Corporation (NNPC) from crude oil sales in one year has been put at N1.7trn. The corporation’s latest monthly and financial report for August said the sum was earned from…
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The Central Bank of Nigeria (CBN) has said that earnings from oil sales has dropped to N945 billion. CBN stated this in its monthly economic report for January 2022. It would be noted that this drop in oil revenue is despite the rise…
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L-R: Mr. Basil Omiyi, Chairman, Seplat Energy; Suneel Bakhshi, Chairman, LSEG’s Africa Advisory Group; Dr. ABC Orjiako, Pioneer and Immediate Past Chairman, Seplat Energy Plc; Julia Hoggett, Chief Executive Officer, London Stock…
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Major global refiners are paying soaring premiums for diesel rich Egina crude from Nigeria. Competition for crude is intensifying among the world’s oil refiners with Egina crude is being offered by China’s biggest offshore…
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