Industry

Chief Timipre Sylva, Honourable Minister of State for Petroleum Resources has been awarded the Gas Decade personality award by the Oil and Gas Trainers Association of Nigeria, OGTAN, courtesy of the Minister’s lead role in…
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By Teddy Nwanunobi NIPCO Plc has been commended by the Minister of State for Petroleum Resources, Chief Timipre Sylva, for its commitment to the development of requisite infrastructure to enhance effective utilisation of the nation’s…
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By Teddy Nwanunobi The House of Representatives has resolved to set up an ad hoc committee to ‘investigate the gas flare volume reported by the Nigerian government and the NOSDRA Gas Flare Tracker’, with the specific purpose of…
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By Teddy Nwanunobi The latest report from the Nigerian National Petroleum Corporation (NNPC) reveals that Nigeria’s four refineries lost a combined total sum of N177.21 billion for being idle from July 2019 to January 2021. …
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The Nigerian National Petroleum Corporation, NNPC has blamed loss of N177 billion from the refineries on efforts at “revamping”. The loss, according to the Nigerian National Petroleum Corporation, NNPC’s monthly report, was incurred…
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By Teddy Nwanunobi Barely 48 hours after the Department of Petroleum Resources (DPR) commenced the process of formal handover of the revoked assets of Addax Petroleum Exploration Nigeria Limited to its new operators, Kaztech/Slavic…
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The Department of Petroleum Resources (DPR) has inaugurated a team of experts to evaluate the revoked four oil mining licenses from Addax Petroleum Exploration Nigeria Limited to a new operator – Kaztech/Slavic Consortium. Director of…
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By Teddy Nwanunobi Partners in the Oil Mining Lease (OML) 143, Nigerian National Petroleum Corporation (NNPC) and Sterling Exploration and Energy Production Company (SEEPCO), on Thursday in Abuja, signed a Gas Development…
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By Teddy Nwanunobi The Nigerian Content Development and Monitoring Board (NCDMB) has flagged off a partnership arrangement with Anoh Gas Processing Company Limited for the completion of the Centre for Skills Development and Training…
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Fresh insights as to why the oil majors are gradually scaling down their operations and planning their exit from the country has been unraveled. Investigation by The Nation revealed that among the oil majors, including Royal…
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