Industry

The year 2021 has been eventful with a lot of political activities in Nigeria. The year is not without a series of controversies that rocked the nation as a result of the decisions of the lawmakers. The passage of the Petroleum…
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The recently held 10th Practical Nigerian Content Conference, themed “Driving Nigerian Content in the Dawn of the Petroleum Industry Act (PIA)”, was as engaging as it was thought-provoking. Attracting all categories of stakeholders in…
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By Sopuruchi Onwuka Petroleum producing economies and industry players around the world are reworking new economic and business models respectively after the United Nations Climate Change Conference in Glasgow, Scotland, solidified…
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By Gideon Osaka The year 2021 was a landmark one for the Nigerian Oil and Gas Industry following the conclusion of the marginal field bidding rounds and the passage of the Petroleum Industry Act (PIA) with the industry now poised to…
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Fuel Pump, Gas Station, Gasoline. Colorful Petrol pump filling nozzles isolated on white background , Gas station in a service in warm sunset. Head fuel vehicle refueling facility in Asia Following the recent hype in discussions about…
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The 2021 oil and gas year in Nigeria suffered a spillover of the 2020 Covid-19 burden, but with innovation, technology, discipline and resilience, a number of industry achievements eventually turned the year into a truly historic one…
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*Succumbs to FX Demand Pressure, Loses 37 Kobo ...Oil Closes Mixed as Investors Gauge Omicron Impact in Short Holiday Trade Oil prices closed mixed on Friday in a short holiday trade after a three-day rally, with investors trying…
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The number of long-term contracts for liquefied natural gas (LNG) has increased by 130 percent in 2021, following a drop in 2020 when short-term spot contracts were favoured, latest data by GlobalData has revealed. The London-based…
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The Nigerian National Petroleum Company (NNPC) has disclosed that the pipeline fire at Iyana-Odo/Baruwa axis of Lagos will not disrupt the supply of petroleum products across the country. This was disclosed on Friday by group…
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The people of Otuasega com­munity in the Ogbia Local Government Area of Bayelsa State are protesting alleged ne­glect by the Shell Development Company of Nigeria Limited (SPDC). Already, the aggrieved com­munity protesters have shut…
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