Industry

By Teddy Nwanunobi The Nigeria Union of Petroleum and Natural Gas (NUPENG) has thrown its weight against the removal of fuel subsidy, saying that it is going to be highly suicidal, if it would be removed. This was even as it…
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By Teddy Nwanunobi The Department of Petroleum Resources (DPR) has pledged support to the hitch-free completion of Nigeria’s first floating Liquefied Natural Gas (LNG) production plant. The DPR Director, Engr. Sarki Auwalu, gave the…
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The Nigerian National Petroleum Corporation (NNPC) and its partner, Nigerian Agip Oil Company (NAOC) lost 400,000 barrels of crude oil in February due to the outbreak of the COVID-19 pandemic at Abo terminal, an offshore oil facility in…
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By Teddy Nwanunobi The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that it was working to unearth the original owners of oilfields and other mining assets across the country. NEITI, in a statement…
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By Teddy NwanunobiAn indigenous oil and gas company, UTM Offshore, has commenced the development of its 176 million cubic feet per day (mcfpd) Liquefied Natural Gas (LNG) floating plant with the Pre-Front End Engineering Design (Pre-FEED)…
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By Teddy Nwanunobi The Vice-Chancellor of the Federal University of Petroleum Resources, Effurun (FUPRE), Delta State, Prof. Akpofure Rim-Rukeh, has said that the institution will, in no distant time, unveil a 20,000 capacity…
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· Reassures April 2023 completion date By Teddy Nwanunobi The Nigerian National Petroleum Corporation (NNPC) has set its eyes to ensure that the target of, at least, 90 per cent refining…
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By Teddy Nwanunobi Two communities in Rivers State, Ogu and Onne, have benefited a women skills acquisition centre and a town hall, respectively, from the Star Deepwater Petroleum Limited, a Chevron Company and the operator of the…
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West African crude differentials are under downward pressure, traders said on Friday, due to ample supplies, although cargoes are finding buyers. ANGOLA * State oil company Sonangol has sold an Olombendo cargo to P66 that was on…
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UTM Offshore, an indigenous oil and gas company, has commenced the development of its 176 million cubic feet per day Liquefied Natural Gas (LNG) floating plant with the Pre-Front End Engineering Design (Pre-FEED) contract of the facility…
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