Industry

As the Nigerian National Petroleum Corporation (NNPC) continues to receive commendation over its N287 billion profit in 2020, the Group Managing Director Malam Mele Kyari, started the week by charging the staff to work hard to sustain…
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The Department of Petroleum Resources (DPR) on Friday intensified efforts to curtail the incidence of gas explosions in Lagos State with the closure of nine illegal Liquefied Petroleum Gas (LPG) plants. According to DPR, the…
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The Media Adviser to President Muhammadu Buhari, Femi Adesina, has explained why the Nigerian National Petroleum Corporation (NNPC) declared profit. He believes the corporation was able to declare a net profit after tax of N287…
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….vows to launch criminal investigation over 13,777 compromised projects ….reveals NDDC operates 362 bank accounts President Muhammadu Buhari, Thursday, received the final report of the forensic audit of the Niger Delta…
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–By Teddy Nwanunobi Barring any last minute change, the Nigeria Liquefied Natural Gas (NLNG) Limited will, on Tuesday, August 31, have a new boss, in the person of Dr. Philip Mshelbila, who will replace Engr. Tony Attah, who would…
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-By Fred Ojiegbe Operators in the global oil industry, who converged at the just concluded Offshore Technology Conference (OTC), in Houston, Texas were of the opinion that full digitalisation is key to transformation in the offshore…
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-By Teddy Nwanunobi Nigeria is Africa’s largest exporter of oil but it still has to import almost all its fuel needs, due to lack of refining capacity. As if the loss from its lack of refining capacity is not enough, it is still…
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-By Teddy Nwanunobi With over $160 billion projects that are yet to see the Final Investment Decisions (FIDs) in the upstream segment of Nigeria can benefit from the global Environmental Social and Governance (ESG). All over the…
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President Muhammad Buhari Investments in deepwater to rise Nigeria recorded a major breakthrough, with the erstwhile Petroleum Industry Bill (PIB) on Monday, August 16, 2021, when President Muhammadu Buhari signed it into law on…
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-By Fred Ojiegbe Ownership of some of Nigeria’s oil blocs will soon change hands, as Shell has started the process to divest all operated joint venture licenses held by the Shell Petroleum Development Co. (SPDC) in Nigeria. This…
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