Industry

By Teddy Nwanunobi The Department of Petroleum Resources (DPR) has disclosed that it will issue award letters to successful investors in the 2020 marginal field bid round programme, at an award ceremony scheduled to hold in Abuja on…
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The Nigerian National Petroleum Corporation has committed to supply crude oil to a refinery project on Tomaro Island in Lagos, with a capacity of 20,000 barrels per day. Integrated Oil & Gas Limited, the promoters of the Eko…
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-By Teddy Nwanunobi Conceived as a platform for exhibition of opportunities across the value chain of the Nigerian oil and gas industry-specific to the industry stakeholders and investors, the biennial Nigerian Oil and Gas Opportunity…
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THE Department of Petroleum Resources (DPR), Sunday, said it has concluded arrangements to issue award letters to successful investors in the 2020 marginal field bid round. In a statement obtained by Vanguard, the Head, Public Affairs…
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The Chairman Senate Committee on the Federal Roads Maintenance Agency, Senator Gershom Bassey, has cautioned state governors against pushing for an increment in the pump price of the Premium Motor Spirit, otherwise known as petrol. …
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-By Teddy Nwanunobi Nigeria’s economy is glued to its oil and gas sector. That is where the country has sourced its strength over the decades, following the discovery of oil in commercial quantity in its southern town called Oloibiri in…
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-By Gideon Osaka Cooking gas, otherwise known as the liquefied petroleum gas (LPG), usually consists of some liquid mixtures of the volatile hydrocarbons propene, propane, butene, and butane. Its consumption for both domestic and…
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-By Fred Ojiegbe There are fears that Nigeria may not achieve its projected four million barrels per day (mbpd) in the near future. The Chief Executive Officer (CEO) of HD Drilling Services, Hope Okwa, echoed this fear, while…
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-By Fred Ojiegbe The demand for oil is seen to be already outstripping supply as the shortfall is expected to widen, even if Iran boosts exports as vaccinations against COVID-19 bolster the global economy, the Paris-based watchdog,…
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-By Teddy Nwanunobi One of the oldest bills in the National Assembly is the Petroleum Industrial Bill (PIB). Several governments, in the last 20 years, have failed in their attempts to pass the all-encompassing bill. No thanks to its…
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