Industry

Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kyari has said the ongoing transformation of Africa’s largest thermal plant, Egbin Power Plc is indicative of the quality of expertise and huge investment…
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By Teddy Nwanunobi The Minister of State for Petroleum Resources, Chief Timipre Sylva, has confirmed that Royal Dutch Shell is in talks with the Federal Government to sell its stake in onshore oilfields. It accounts for around…
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•Says proceeds of marginal fields used to augment FAAC The federal government is weighing some options as discussions with Anglo-Dutch oil company, Shell Petroleum Development Company, begin over its plan for total divestment from…
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The Nigerian government introduced the marginal field development programme in 1996 to help grow the country’s oil and gas production by divesting the majors of dormant discoveries and making same available to indigenous operators who are…
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The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the Federal Government is working with the Central Bank of Nigeria (CBN) to ensure full implementation of the Auto Gas Policy. Sylva said this at an interactive…
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The Minister of State for Petroleum Resources, Chief Timipre Sylva has said that those attacking him were doing so because of the ongoing reforms in the oil and gas sector. Sylva, who gave the clarification during an interactive section…
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The acquisition of oil block OML 17 from Total and Shell should allow Tony Elumelu’s group to shake up the hierarchy of local oil operators. On 15 January 2021, Trans-Niger Oil & Gas Limited (TNOG) and Transcorp plc, two of the…
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By Teddy Nwanunobi The Managing Director of LADOL, Dr. Amy Jadesimi, has declared that the best way to move Nigeria and its economy forward is by embracing local content, saying that Nigerians are reliable, competent, and efficient in…
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The Port Harcourt Zone of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has warned against the rising insecurity in the zone, saying the development if not checked and curtailed may have a devastating effect…
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Nigeria onshore oil incompatible with climate strategy: CEOSupport for activist investor’s climate proposal doubles Royal Dutch Shell Plc has been under increasing pressure from investors to slash emissions and pivot toward cleaner…
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