Industry

Nigeria loses about 42.25 million barrels of the nation’s crude oil worth N1.4 trillion ($3.5 billion) yearly to a few described as “elites”. Mele Kyari, Group Managing Director Nigerian National Petroleum Corporation NNPC revealed…
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The Independent Petroleum Producers Group, IPPG, has lamented rising crude oil theft from its assets which is significantly threatening its huge investments currently put at over $10 billion. Chairman of the Group, Abdulrasaq Isa,…
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By Teddy Nwanunobi The House of Representatives has commenced a probe of the Nigerian National Petroleum Corporation’s (NNPC) $163 billion Joint Venture (JV) operations with oil companies. Saddled with the investigation, the…
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By Teddy Nwanunobi The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has approved an agreement reached between international oil companies (IOCs) operating in Nigeria, with the Nigerian National Petroleum Corporation…
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By Teddy Nwanunobi There are strong indications that the Upstream Petroleum Regulatory Commission (NUPRC), may not likely take further excuses from oil majors operating in Nigeria for not meeting the 2030 gas flare out deadline. …
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By Teddy Nwanunobi Global energy company, Shell, has announced a new business line in Nigeria to expand natural gas marketing and sales to meet the rapidly growing energy needs of wholesale customers and provide more and cleaner…
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Arguably, men are not used to having a woman presiding over as their chairman, president, or chief executive. TEDDY NWANUNOBI writes on why the woman gender should be encouraged. The situation could be worse if it is a black woman,…
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By Fred Ojiegbe The Nigeria Content Development and Monitoring Board, established in 2010 to rigorously pursue the development of local content in the oil and gas sector has so far revolutionize the oil and gas sector with primary…
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With the recent endorsement of Seplat by the Minister of State Petroleum Resources, Chief Timipre Sylva, as the flagship company to drive Nigeria’s energy transition, the stage is set towards achieving net-zero emission by 2050,…
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The Managing Director, Shell Petroleum development Company of Nigeria, Mr. Osagie Okunbor has said that harnessing Nigeria’s vast gas resources and on time too, is key to the development of the country. Okunbor who stated this at…
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