Industry

The Nigerian National Petroleum Corporation was the centre of attraction at the Nigerian Society of Engineers’ (NSE) fellowship award ceremony with the Corporation bagging a Special Recognition Award and seven of its staff, including the…
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Oil companies have asked security services to tighten surveillance as violent anti-police brutality protests and the expected sacking of hundreds of workers worsen desperation in the region, industry sources told Reuters. Already…
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The Nigerian National Petroleum Corporation (NNPC) yesterday projected global losses from exploration and production activities due to slowing demand for crude oil amid the COVID-19 pandemic will hit about $1 trillion by the end of 2020. …
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The Speaker of the House of Representatives, Femi Gbajabiamila, has expressed determination to pass the Petroleum Industry Bill (PIB) within six months. Mr Gbajabiamila said this when he played host to a delegation of the Oil Producers…
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A major gas project set to transform the nation’s energy infrastructure is underway in Imo State. ANOH Gas Processing Company (“AGPC”) is building the $700m ANOH gas plant. The project, ANOH gas plant facility, is sited at Asaa,…
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The Minister of State for Petroleum Resources, Timipreye Sylva has disclosed that the Petroleum Industry Bill (PIB) may be passed into law by the first quarter of 2021. Sylva explained that he is not saying categorically and…
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Statistics from the Organization of the Petroleum Exporting Countries, OPEC, have shown that Nigeria grew its natural gas production to 47 billion standard cubic meters, bscm, from 2015 to 2019. The annual statistics report for 2020 by…
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LEKOIL (AIM: LEK), the oil and gas exploration and production company with a focus on Nigeria and Africa, announces that LEKOIL Oil and Gas Investments Limited (“LOGL”), in which the Company has a 90 per cent. economic interest, has fully…
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The Nigeria Liquefied Petroleum Gas Association (NLPGA) is set to host its 10th International Annual LPG Conference, on Friday, December 4, 2020. This year’s edition, which will be the first to be hosted virtually, due to the prevailing…
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Plans are underway for a Forward Operating Base (FOB) to be established at Tarkwa Bay Island for credible presence to sustain gains recorded by military clearance operation, KUROMBE, an exercise carried out by joint taskforce, Operation…
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