Industry

·       Spent $10bn on local content By Teddy Nwanunobi Chevron Nigeria Limited (CNL) has identified opportunities in lowering carbon emissions, and harnessing Nigeria’s gas resources as key enablers in complementing the new…
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Gas flare reduced by 53%, says NLNG The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has called on International Oil Companies (IOCs) operating in Nigeria to be more accountable to…
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By Teddy Nwanunobi The Major Oil Marketers Association of Nigeria (MOMAN) will enhance the implementation of the Federal Government’s autogas initiative by setting a new investment plan. MOMAN Chairman, Mr. Tunji Oyebanjo, dropped…
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*Spent $10bn on local content By Teddy Nwanunobi Chevron Nigeria Limited (CNL) has identified opportunities in lowering carbon emissions, and harnessing Nigeria’s gas resources as key enablers in complementing the new approaches to…
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The Nigerian National Petroleum Corporation (NNPC) has explained why the Federal Government is spending the huge sum of $1.5 billion on the Port Harcourt refinery, as it weighs in on the controversies and unverified claims by some…
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By Teddy Nwanunobi The Nigeria LNG Limited (NLNG) has sealed agreements to supply 1.1 million metric tons (MMT) of liquefied natural gas (LNG) yearly, the Managing Director and Chief Executive Officer, Engr. Tony Attah, revealed. …
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The Group Managing Director of the Nigerian National Petroluem Corporation, Mele Kyari has said that the corporation would deepen the country’s conversions of its produced oil and gas to secondary products like chemicals, fertilizer,…
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The Federal Government plans to raise the daily oil production from 1.4 million barrels per day (bpd) to four million bpd, President Muhammadu Buhari hinted on Monday. Nigeria, which has daily capacity to produce 2.5 barrels, produces…
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The Secretary General, Organisation of Petroleum Exporting Countries( OPEC), Dr Mohammad Barkindo, has disclosed that OPEC member countries lost about $1 trillion USD to oil price plunge in 2015 and 2016. Barkindo disclosed this in his…
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By Teddy Nwanunobi Nigeria's vast hydrocarbon field is for the exploitation of the participants at the ongoing fourth edition of the Nigerian International Petroleum Summit (NIPS), President Muhammadu Buhari said on Monday, while…
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