Industry

By Teddy Nwanunobi Ghana’s major oil and gas industry operators have kicked against continued importation of the liquefied natural gas (LNG), saying that the current volume of gas from the country’s fields and import from Nigeria is…
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Ghana’s major oil and gas industry operators have kicked against continued importation of the liquefied natural gas (LNG), saying that the current volume of gas from the country’s fields and import from Nigeria is sufficient to boost…
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By Teddy Nwanunobi The House of Representatives has urged the Nigerian National Petroleum Corporation (NNPC) to review the status of the licences issued to indigenous firms for each of the 38 modular refineries, revoke and re-issue them…
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The House of Representatives has urged the Nigerian National Petroleum Corporation (NNPC) to review the status of the licences issued to indigenous firms for each of the 38 modular refineries, revoke and re-issue them to competent and…
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· Says NASS members “are crucial stakeholders” · Plans to educate Nigerians through TV documentary programmes By Teddy Nwanunobi The Petroleum…
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…Pledges to Optimize Cost, Boost Remittance to FAAC The Nigerian National Petroleum Corporation (NNPC) has clarified that the revenue projection contained in the letter to the Accountant General of the Federation being cited in the…
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By Teddy Nwanunobi Anglo-Dutch, Shell, on Thursday, revealed that it has grown its profits to $3.23 billion in the first three months of the year, and has also raised its dividend as planned. It, however, warned that the outlook…
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By Teddy Nwanunobi Seplat Petroleum Development Company (SPDC) Plc’s unaudited results for the three months ended March 31, 2021 showed a rise in revenue by 16.8 per cent to $152.4 million, with increased operational efficiencies and…
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*As New Partners Set to Pay $340m By Teddy Nwanunobi Just one week after President Muhammadu Buhari overruled the Department of Petroleum Resources (DPR), and restored four drilling permits that were initially revoked from China’s…
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-By Fred Ojiegbe Contrary to expectations, global oil demand estimate for 2021 is expected to spike, pointing to further signs that the world economy is recovering faster than previously thought, particularly in the United States of…
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