Industry

-By Teddy Nwanunobi The Federal Government has requested from the 161 companies shortlisted as bid winners of the 57 marginal fields on offer in the country’s second marginal field bid round for the signature bonus. It added that it…
Read More...

*It was impossible to hide such magnitude of money anywhere --Ajiya The Nigerian National Petroleum Corporation (NNPC) and the Office of the Auditor-General for the Federation, on Tuesday, disagreed over non-remittance of …
Read More...

*PEF's main function is to ensure price uniformity of petroleum products via the reimbursement of marketers for trucking products to filling stations anywhere in Nigeria The Independent Petroleum Marketers Association of Nigeria (IPMAN)…
Read More...

A crude production flow station operated by Conoil Production at Ango field in Koluama, Southern Ijaw Local Government Area of Bayelsa, has been shut by the host community. The News Agency of Nigeria (NAN) reports that the oil workers…
Read More...

The Department of Petroleum Resources (DPR), Nigeria’s regulatory agency for the hydrocarbon industry, has distributed the third letter in the series of correspondences it has been sending to, apparently, the 161 companies selected as…
Read More...

The Department of Petroleum Resources (DPR) says it has reviewed five terms for gas development under the Production Sharing Contracts (PSC) in the Country. Mr Sarki Auwalu, the Chief Executive Officer, said this during a Public hearing…
Read More...

The Nigerian National Petroleum Corporation (NNPC) has called for a legislative framework with clear fiscal terms in order to tap the full potential of the gas resources in the nation’s deepwater acreages. The Group Managing Director of…
Read More...

The Nigerian National Petroleum Corporation has put money spent on pipeline repairs within the space of five years, including money lost as a result of product loss at N966 billion. The explanation came in response to the query raised…
Read More...

Events Manager, SPE Nigeria Council, Udochukwu Akunna; Chairman, Olatunji Akinwunmi and Vice Chairman, Olalekan Olafuyi at the press conference On Way Forward for the Oil & Gas Industry Post COVID-19 preceding annual SPE Nigeria…
Read More...

The Nigerian National Petroleum Corporation (NNPC) and the Usmanu Danfodiyo University, Sokoto, have pledged to collaborate on the development of energy inter-conversion and storage as a catalyst for Nigeria’s economic development and…
Read More...