Industry

Oil and gas firms operating in Nigeria flared 12.26 billion standard cubic feet (SCF) of gas in September 2021, representing 7.13 per cent of the total gas produced in the country in the month under review, according to data released…
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Nigeria is far from attaining its full potential in the oil and gas industry as the country’s proven oil reserves are not rising to replace oil being pumped daily despite a current quest by some war-torn countries to supply more crude…
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Host communities in Ogoni, Rivers State have outlined conditions to the federal government for the resumption of oil exploration and exploitation in the area. This as the group has urged the President Muhammadu Buhari's led federal…
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"The number of Nigeria's total offshore oil rigs remained unchanged in September as the country continued to struggle to meet the production quota" Nigeria lost about 44.42 million barrels of crude between October 2020 and September…
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The dust generated by Federal Government’s recent decision to scrap the Department of Resources (DPR), Petroleum Equalisation Fund (PEF) and the Petroleum Products Pricing Regulatory Agency (PPPRA) appears not yet settled in…
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“Modular refineries are also adding capacities such as the 5,000 BPD Waltersmith Refinery, which will be upgraded to 50,000 BPD" The Group Managing Director, Nigerian National Petroleum Corporation, Mele Kyari, has said that the…
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Minister of State for Petroleum Resources, Timipre Sylva and NNPC, CEO, Malam Mele Kyari The Nigerian National Petroleum NNPC Weekly Review: Stakeholders hail PIA as economic game-changer Company Limited (NNPC) started the week with the…
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NNPC GMD, Mele Kyari.To meet the growing demand of her 17.3 million Metric tons of petroleum products, Nigeria needs to invest about $3.09 billion in refinery projects.The Group Managing Director, Nigerian National Petroleum…
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By Sopuruchi Onwuka Global leaders with mandate on saving the planet from environmental decrepitude will have tough time in Glasgow, United Kingdom, early November in achieving convergence on acceptable strategies of curbing…
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The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has vowed to resist vested interests seeking to hijack the full implementation of the Petroleum Industry Act (PIA). President of NUPENG Comrade Williams Akporeha…
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