Industry

The Nigerian government has revoked the four Production Sharing Contracts (PSCs) operated by Addax Petroleum in the country. The PSCs are in respect of Oil Mining Leases (OMLs) 123, 124, 126 and 137, all operated by Addax Petroleum…
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Images from the historic Sign-off Ceremony of Engineering, Procurement & Construction (EPC) Contract for the Rehabilitation of Port Harcourt Refining Company (PHRC) between NNPC and Tecnimont SpA at the NNPC Towers, today: …
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Managing Director of Rain Oil Limited, Dr.Gabriel Ogbechie has said Nigeria would be able to generate over N10 billion ($27 million) annually if 50 per cent of kerosene users can switch to using Liquefied Petroleum Gas (LPG) or cooking…
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Operatives of the Delta State Police Command have arrested three persons for allegedly vandalising armored cables and other electrical installations at the Warri Refinery and Petro-Chemical Company (WRPC) in Ekpan, Uvwie Local Government…
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Standard Chartered Bank (StanChart), alongside three other banks, acted as Global Coordinator for Seplat’s $650 million five-year bond. The bond, priced at a yield and coupon of 7.75 per cent, a significant improvement over the 9.25 per…
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Engineer Ere Iyalla is an accomplished professional and a Chief Program Officer with the Gas Technology Development Division of the Petroleum Technology Development Fund (PTDF). He is a Chemical Engineer, a Certified Project and…
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-By Eddy Ochigbo On August 22, 2019, worried by the increasing age long illegal business of food and fuel products smuggling from Nigeria to neighboring countries, the Federal Government issued a directive to the Nigerian Customs…
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-By Fred Ojiegbe First quarter, Q1, 2021, Gas Market Report of the France-based International Energy Agency, IEA, indicates that global gas demand is expected to rise in 2021. According to IEA, after an unprecedented drop in…
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*Honours outstanding members -By Danlami Nasir Isah In celebration of its 10th year anniversary, the Society of Petroleum Engineers, Section 199, Abuja in collaboration with Valuechain Sickle Cell Foundation took to the streets of…
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-By Teddy Nwanunobi Founded in Baghdad, Iraq on September 14, 1960, the Organisation of the Petroleum Exporting Countries (OPEC) had five countries (Islamic Republic of Iran, Iraq, Kuwait, Saudi Arabia and Venezuela) as its founding…
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