Industry

Timipre Sylva By Adeniyi Onifade One hundred and sixty one (161) successful marginal fields bidders have on Tuesday been awarded Petroleum Prospecting Licenses (PPL) by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). …
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The Federal Governme may have raked in at least N2tn from the 2020/2021 marginal oil field bid rounds. In the Nigerian context, marginal fields include fields with reported reserves and production potential, which are however deemed…
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The Nigerian National Petroleum Company Ltd has paid an initial amount of $1bn for its stake in Dangote Oil Refining Company reports say. The payment, which was confirmed by a top official of the NNPC on Sunday in Abuja, effectively…
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The Nigerian Government has lamented the rise in crude oil theft which has affected its crude oil production so far this year and says it is committed to meeting its quota by August. This was disclosed by Nigeria’s Minister of state…
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The Nigerian Content Development and Monitoring Board (NCDMB), has concluded arrangements to commence the disbursement of $40million Women In Energy Fund in the country. Engr. Simbi Kesiye Wabote, the Executive Secretary of NCDMB,…
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L-R: Director FUPRE Linkages, Dr Kelvin Idehen; Executive Secretary Nigerian Content Development and Monitoring Board, Engr Simbi Kesiye Wabote; Visiting academic from the University of Port Harcourt, Prof Michael Onyekonwu; …
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The Deputy Majority leader, House of Representatives, Peter Akpatason, has called on the Federal Government to bring full weight of the law and security agencies on oil theft and pipeline vandals, warning that their activities are…
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Professor Wumi Iledare, has congratulated HE Mohammad Sanusi Barkindo, Secretary General of OPEC on his recent reappointment as honorary professor by the University of Dundee. Responding to Valuechain's publication conveying the…
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Omowumi Iledare, a Professor of Petroleum Economics, has advocated the need for implementation strategy of the Petroleum Industry Act 2021 provisions to promote industry solutions to optimize industry efficiency, institutional…
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