Industry

By Teddy Nwanunobi The leadership of the Nigerian Content Development and Monitoring Board (NCDMB) has described as untrue the alleged pressures being mounted on the Board by some stakeholders of the oil and gas industry to relocate…
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By Teddy Nwanunobi The Senate has confirmed the appointment of the Chairman and commissioners for the Nigerian Upstream Regulatory Commission (NURC). This followed the consideration of the report of its Committee on Petroleum…
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· Confident PIA will boost oil production to 4mbpd By Teddy Nwanunobi The Federal Government has vehemently rejected a single pathway concept to energy transition and net zero carbon. The Minister of State Petroleum Resources,…
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"This is a big push that is aimed at fast-tracking Nigeria’s energy transition" By Teddy Nwanunobi Seplat Energy Plc, Nigeria’s largest energy company by market value, has the set year 2024 target to end gas flaring in all of its…
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Minister of State for Petroleum Resources Timipre Sylva, has said that the passage of the Petroleum Industry Bill into law will significantly boost Nigeria’s potential to achieve its oil production to four million barrels per day. …
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The Independent Petroleum Producers Group (IPPG) has congratulated the Federal Government over the signing into law, the Petroleum Industry Bill (PIB) last month by President Muhammadu Buhari, and its consequent enactment into the…
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“We look forward to ExxonMobil engaging in deeper collaboration and partnership with the New NNPC" President Muhammadu Buhari yesterday urged operators in the petroleum industry to take advantage of the new Petroleum Industry…
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“For us to conclude the job, we need to strengthen our partnership with government agencies like NSCDC to achieve a common goal” By Teddy Nwanunobi The Anambra State Command of the Nigeria Security and Civil Defence Corps (NSCDC)…
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By Teddy Nwanunobi The price of the Organisation of Petroleum Exporting Countries (OPEC) basket of 13 crudes stood at $80.43 per barrel on Tuesday. This is compared with $78.25 the previous day, according to OPEC Secretariat…
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Mr. Everestus Chimezie Obiyo, Anambra State Commandant of the Nigeria Security and Civil Defence Corps, ( NSCDC) has reiterated commitment to waging war against illegal dealings in Petroleum Products in the State. Obiyo stated this…
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