Industry

When the Liquefied Natural Gas, LNG, Train 6 was completed in 2008, close observers had anticipated that Nigeria would immediately go ahead with the construction of Train 7, expected to increase the LNG output to 30 million metric tonnes,…
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Nigerian lawmakers passed long-awaited legislation to overhaul the oil and gas industry, after rowdy scenes in the lower chamber of parliament. The House of Representatives on Friday voted for the bill that the Senate had approved a day…
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Nigeria has risen to fourth position among key crude oil producers making supply to India, the second Asia’s biggest crude oil importer after China. Last month, Iraq stayed as the top oil supplier to India, followed by Saudi Arabia…
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For Nigeria to eliminate fuel subsidies, it would need to shift its focus to other fuel alternatives, Director of the Department of Petroleum Resources (DPR), Sarki Auwalu has warned. Auwalu noted this at the Q2 2021 business dinner of…
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•As experts fear crisis has implication for future investments The House of Representatives’ Committee on Public Petitions and the Department of Petroleum Resources (DPR) are at daggers drawn over Dawes Island marginal field lost by…
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-By Daniel Adugbo The long-awaited Petroleum Industry Bill (PIB) was officially passed the on Thursday the 1st of July 2021 by the Nigerian Senate and the House of Representatives, a historic feat which had defied passage in previous…
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-By Hauwa Mohammed Lawal World Sickle Cell Day is observed every year on June 19, to create awareness on Sickle Cell Disease (SCD), which is an inherited blood disorder that causes sickle-shaped red blood cells that can stick together,…
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-By Fred Ojiegbe Global oil demand is expected to recover to pre-pandemic levels late 2022, the International Energy Agency (IEA) predicted, urging the Organisation of Petroleum Exporting Countries (OPEC) and its allies to keep markets…
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-By Fred Ojiegbe As the quest for debate for total deregulation of the downstream sector rages in Nigeria, the Federal Government has now diverted its attention towards an affordable alternative for energy with the launch of the Natural…
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The Department of Petroleum Resources (DPR) has reaffirmed its commitment to boost production in the nation’s oil reserves. According to the Department, out of 7,000 reservoirs in the country, operators in the oil and gas industry are…
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