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Industry
Warri Refinery: 3 Security Guards Arrested for Alleged Vandalism of Equipment
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 named global coordinator for Seplat’s $650m bond issuance
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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“Human Capital, Key to Unlock Nigeria’s Gas Potentials” — Iyalla
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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Tough Time Awaits PMS Smugglers as PEF(M)B Rolls out DAFMIS
-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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Uncertainty hangs over Global Gas Demand in 2021―IEA
-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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10th year Anniversary: SPE Abuja Chapter Walks for Sickle Cell
*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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OPEC: Looking at the 61st Corner with High Expectations
-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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Dangote Refinery and the Issues Around It
-By Teddy Nwanunobi
Nigeria is one of the world’s largest producers of crude but the country has lacked adequate refining capacity for decades, despite owning four state-run refineries-the Port Harcourt I & II refinery, Warri and!-->!-->!-->…
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Nigeria to Become Largest Manufacturer of Composite Cylinders
Last week’s groundbreaking commissioning of the Rungas Alfa Plant in Lagos by the Minister of State for Petroleum Resources, Chief Timipre Sylva, at Alaro City, Free Zone, Epe, launches Nigeria into unfettered access to becoming the!-->!-->!-->…
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Urgent Passage of PIB will Engender Positive Revolution in Nigeria’s Oil and Gas Industry ―Experts
-By Fred Ojiegbe
Experts in the oil and gas industry have warned that failure of urgent passage of the petroleum industry bill, PIB, portends dire consequences for Nigeria’s oil and gas industry.
Speaking at the just concluded media!-->!-->!-->!-->!-->…
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