Industry

By YANGE IKYAA On the morning of January 1, 2022, a fire incident occurred at the Port Harcourt Refining Company (PHRC) in Rivers State.  The incident, which was contained in less than two hours was caused by a spark while a…
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The successful transformation of the Nigerian National Petroleum Company (NNPC) Limited will undoubtedly increase its efficiency and transparency in 2022.The national oil company has witnessed many changes and transformation through…
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The minor fire incidence which occurred this New Year dat at the Port Harcourt Refining Company (PHRC), has been put out, the NNPC has confirmed. The incident, which was contained in less than two hours was caused by a spark while a…
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The Petroleum Industry Act(PIA) is expected to lead to influx of massive investments in the oil and gas sector of the nation’s economy in the new year. Nigeria’s oil and gas is hopefully swinging into significant level of growth…
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The oil and gas sector of Nigerian economy, is undoubtedly one of the most lucrative in the country. The sector offers hundreds of lucrative business opportunities, but is currently dominated by billionaire businessmen and women. To…
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“This is going to be a great year for Nigeria in the oil and gas sector of the economy" The Minister of State Petroleum Resources, Chief Timipre Sylva has predicted that 2022 will be a great year for the oil and gas industry in…
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The African Petroleum Producers’ Organization (APPO) has elected Diamantino Pedro Azevedo, Minister of Petroleum Resources of Angola, as President for the year 2022 Samou Seidou Adambi, Minister of Water and Mines of Benin, will be…
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From its take-off on 1st April 1977 as a merger of the Nigerian National Oil Corporation (NNOC) and the Federal Ministry of Petroleum and Energy Resources, the Nigerian National Petroleum Corporation (NNPC), now called Nigerian…
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The Defence Headquarters (DHQ) Abuja, says the Joint Task Force South – South Operation Delta Safe (OPDS) demobilised about 1,423 illegal oil refining sites and arrested 567 suspected criminals in 2021. Director, Defence Media…
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...The facility will house 5000 metric tonnes of Propane/LPG storage and a 30 million-litre LNG storage tank Asiko Energy, one of Nigeria’s leading Power and Gas distribution companies, has formally commenced construction of its…
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