Industry

By Teddy Nwanunobi The Organisation of the Petroleum Exporting Countries (OPEC) has declared that achieving net zero emissions by 2050 will be a great challenge, even for advanced economies. Delivering a keynote address at the…
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The Minister of State for Petroleum, Mr Timipreye Sylva, on Monday declared that attacks on oil and gas facilities across the country had reduced significantly since 2014. The minister made the declaration at a Town Hall meeting on…
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The Edo State Governor, Mr. Godwin Obaseki has said the Edo Modular Refinery being developed by Edo Refinery and Petrochemical Company Limited (ERPC) with support from the state government, in Ologbo, Ikpoba – Okha Local Government Area,…
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The Port Harcourt Refining Company will operate at 90 per cent capacity after the ongoing rehabilitation of the refinery, the Nigerian National Petroleum Corporation, NNPC, has said. The Group General Manager, Group Public Affairs…
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By Teddy Nwanunobi The appointment of Mr. Abdulrazaq Isa has been ratified by the Governing Council of the Independent Petroleum Producers Group (IPPG) as the new IPPG Chairman, effective from July 1, 2021. Isa takes over from Mr.…
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*As FG Spends N60bn Annually on Repairs By Teddy Nwanunobi & Aisha Salah Nigeria lost the sum of N4.75 trillion to oil and gas pipeline vandalism in three years, the Federal Government has revealed. This was even as the…
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Nigeria is losing an average of 200,000 barrels of oil per day - more than 10% of its production - to pipeline vandalism, the country's information minister said on Monday. Nigeria relies on oil exports for more than half its budget…
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Victor Bamidele, Deputy Managing Director, Deep Water District, TotalEnergies, has said that the company has invested over 60 billion dollars in exploration and other projects in Nigeria. Bamidele disclosed at the ongoing Nigeria…
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Senator Matthew Urhoghide, representing Edo South senatorial district in the Senate, has said some people, out of ignorance or mischief, were propagating wrong information different from the facts and provisions of the newly-passed…
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Arewa Youth For United Nigeria Initiative has commended the Chief Operating Officer (COO) Upstream of Nigerian National Petroleum Corporation (NNPC), Engr Adokiye Tombomieye for his exemplary performance in office within the past 12…
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