Industry

The Minister of State for Petroleum Resources, Chief Timipre Sylva has said that those attacking him were doing so because of the ongoing reforms in the oil and gas sector. Sylva, who gave the clarification during an interactive section…
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The acquisition of oil block OML 17 from Total and Shell should allow Tony Elumelu’s group to shake up the hierarchy of local oil operators. On 15 January 2021, Trans-Niger Oil & Gas Limited (TNOG) and Transcorp plc, two of the…
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By Teddy Nwanunobi The Managing Director of LADOL, Dr. Amy Jadesimi, has declared that the best way to move Nigeria and its economy forward is by embracing local content, saying that Nigerians are reliable, competent, and efficient in…
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The Port Harcourt Zone of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has warned against the rising insecurity in the zone, saying the development if not checked and curtailed may have a devastating effect…
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Nigeria onshore oil incompatible with climate strategy: CEOSupport for activist investor’s climate proposal doubles Royal Dutch Shell Plc has been under increasing pressure from investors to slash emissions and pivot toward cleaner…
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The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, has said that the Corporation has delivered sustained gas supply to the Egbin Power Plant. Kyari, who paid a visit to the plant on Monday, said that…
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*As Presidential Council proposes Single Industry Regulator *NNPC for public offer *Deregulate price of gas to power plants The Federal Government has concluded plans to effect three new changes – a single regulator, the Nigerian…
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The Department of Petroleum Resources (DPR) has revealed that the Oil and Gas Alternative Dispute Resolution Center (ADRC) in Lagos, has successfully resolved its first case. This is in line with the Federal Government’s objective for…
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THE Federal Government has concluded plans to effect three new changes – a single regulator, the Nigerian National Petroleum Corporation, NNPC’s public offer, and deregulation of the price of gas supplied to power plants – in the…
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The Nigerian National Petroleum Corporation (NNPC) has picked 26 foreign and local companies as well as 12 countries to lift the country's crude oil for the next two years. The crude term contracts, expected to run from 2021 through…
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