Industry

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, yesterday called on the National Petroleum Investment Management Services (NAPIMS) to embark on further cost optimisation strategies…
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“Mele Kyari has walked the transparency and accountability talk by opening up the books of the Corporation the way no other management before his has done" The Integrity Youth Alliance has condemned the smear campaign against the…
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The pipelines operated by a subsidiary of the Nigerian National Petroleum Corporation (NNPC), the Nigerian Pipelines and Storage Company (NPSC) Limited, experienced a total of 451 breaks and 11 fire incidents last year, data from the…
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"Investments into the gas space will help to further, diversify the revenue portfolio of the FG" …As Dorman Long, Rockwell Automation showcase technology The Nigeria LNG Train 7 and other gas projects, to be fueled by the…
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-By Saidu Abubakar & Danlami Nasir Isah
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...Plans roadshow to showcase initiatives -By Saidu Abubakar Considering that the university community represents a key constituency in the implementation of Research and Development initiatives, the Executive Secretary of the…
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*Launches $50m R&D Fund By Saidu Abubakar Minister of State for Petroleum Resources, Chief Timipre Sylva has admonished underfunding of R&D as being reflective on Nigeria's overdependence on foreign goods and services,…
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The Department of Petroleum Resources (DPR) has said that optimising Nigeria’s oil production processes remains a critical factor in the nation’s economic recovery drive and getting the full benefits of the country’s resources. A…
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*Attracts over N255bn local investments By Teddy Nwanunobi The Oil and Gas Free Trade Zones Authority (OGFZA) has disclosed that it attracted $16.6 billion foreign direct investments into the nation’s economy, between 2001 and…
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The decline was mainly attributed to the issues at Forcados, which slumped to 95,694 bpd in August from 218,196 bpd in July By Teddy Nwanunobi (with agency report) Nigeria’s crude oil production, according to an S&P Global…
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