Industry

By YANGE IKYAA Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian and London stock exchanges, has identified its gas development programmes as a major boost for Nigeria’s energy transition…
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Nembe Creek trunk This November makes it exactly one year since Aiteo Eastern Exploration and Production Limited, operator of Oil Mining License, OML 29 was forcefully ejected from its Nembe field by the host community in Bayelsa state.…
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Experts in the oil and gas sector say crude oil theft is a huge threat to actualising the objectives of the Petroleum Industry Act (PIA) which aims to attract more investments to the sector. The experts urged the Federal Government…
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The government of Morocco is considering setting up a downstream division of state-owned ONHYM to manage domestic natural gas infrastructure, including a project to deliver gas by pipeline from Nigeria to Morocco through 13 countries. …
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"The project was in tandem with the federal government’s desire to make gas the country’s transition fuel, available to all end-users across the country" The Nigerian National Petroleum Corporation (NNPC) Limited has signed an…
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Some militant groups in the Niger Delta have risen to defend Adokiye Tombomieye, Chief Operating Officer (COO), Nigerian National Petroleum Corporation (NNPC), Upstream Sector, over allegation that he masterminded the controversial…
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Exploring the rise of electric cars and their impact on the global economy, from the auto and power industries to oil and mining sector. The question has always been will electric cars scrap fossil fuels out of the global market or…
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When Covid-19 restrictions hit the world's economy, global uncertainty drove most commodity prices down. April 20th 2020, marked a turning point in the history of the oil market with the US benchmark price for crude oil falling below…
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The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has described fuel subsidy as a major waste and a drain on the Nigerian economy, saying the government plans to replace it with transport subsidy to assuage the…
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"Total was ready to increase its participation in Nigeria’s oil sector especially with the recent signing of the Petroleum Industry Act (PIA) into law by President Buhari" TotalEnergies and Islamic Development Bank (IDB) on…
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