Industry

By Teddy Nwanunobi The Organisation of the Petroleum Exporting Countries (OPEC) has expressed serious concern for its members, including Nigeria, as the cartel fears that the energy security risk that would result from too little…
Read More...

The Secretary-General of the Organisation of the Petroleum Exporting Countries, OPEC, Mohammad Barkindo, and other energy experts have called for investment-friendly policies in Africa to attract portions of the $12.6 trillion…
Read More...

*As NPA jetties take 161,992mt By Teddy Nwanunobi Nigeria imported over 263,000 tons of liquefied petroleum gas (LPG) between January and June 2021. According to Hawilti’s latest Sector Watch on Nigeria’s LPG industry for the…
Read More...

*Rig count drops to 5 In the fourth quarter of 2020, Nigeria’s daily crude oil production fell to an average of 1.56 million barrels per day (mbpd). Data obtained from the Bureau of Statistics, NBS said the country’s fourth quarter…
Read More...

After years spent scooping up billions in profits from the Niger Delta, multinational oil companies Chevron, Shell and Eni are deserting the rich ecosystem that now bubbles with dirty oil, dead fish and polluted air –…
Read More...

The Petroleum Products Pricing Regulatory Agency (PPPRA) and other key agencies in Nigeria’s multi-billion dollars oil and gas industry are at the eleventh hour of their existence in their present form. This comes as harmonisation of…
Read More...

By Teddy Nwanunobi All is set for the Nigerian Gas Association (NGA) three-day, tagged, 'Understanding the Natural Gas Value Chain End-to-End', which runs from Tuesday, July 27 to Thursday, July 29. NGA stated that delegates, at the…
Read More...

By Teddy Nwanunobi All is set for the Nigerian Gas Association (NGA) three-day, tagged, 'Understanding the Natural Gas Value Chain End-to-End', which runs from Tuesday, July 27 to Thursday, July 29. NGA stated that…
Read More...

*Specifies how fund is to be utilised*Empowers oil firms to deny funding to communities’ trust fund The controversies surrounding the Petroleum Industry Bill (PIB), recently passed by both chambers of the National Assembly seem…
Read More...

The Minister of State, Petroleum Resources, Mr. Timipre Sylva, said the federal government has lost revenue in taxes, royalties and other payments on the Atala oilfield located in Bayelsa including 10 others revoked in April 2020. The…
Read More...