Industry

-By Benjamin Ike The Nigerian media has played major roles in Nigeria’s existence; especially during the country’s quest to gain independence from its colonial masters and in the fight for the entrenchment of democracy. All through…
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-By Gideon Osaka Reactions have continued to trail the oil production benchmark pegged by the federal government in the 2021 budget. A total of 1.87 million barrels per day has been projected for oil projections in the 2021 budget…
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-By Fred Ojiegbe Oil producing countries have been put on the edge by the prediction that the era of product demand will soon be over, latest report by the International Energy Agency, IEA, indicated. “The era of global oil demand…
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…Invites Kyari to Speak at Its Virtual Meeting The Extractive Industries Transparency Initiatives (EITI), a multi-stakeholder coalition that promotes extractives transparency and accountability in over 50 countries, has commended the…
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Seplat Petroleum Development Company Plc, has announced its unaudited results for the nine months ended 30 September 2020, recording increased operational efficiencies and further reduction in costs. The Company has continued its…
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*The conference kicks off Nov 9th Saudi Energy Minister Prince Abdulaziz bin Salman will participate in the opening of the Abu Dhabi Petroleum Conference “ADIPEC 2020”, from 9 to 12 November, via video technology, as he reviews his…
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The Nigerian National Petroleum Corporation, NNPC has said it would work closely with the National Assembly to ensure speedy passage of the Petroleum Industry Bill, PIB. A statement by Group General Manager, Group Public Affairs…
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The House of Representatives Committee on Gas Resources has applauded the Mallam Mele Kyari-led Management team of the Nigerian National Petroleum Corporation (NNPC) for its achievements in the areas of gas infrastructure development, gas…
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As the Coronavirus (COVID-19) pandemic hits global crude oil demand, a fresh indication has emerged that, no fewer than 14, 000 staff of ExxonMobil will lose their jobs. This is coming as the corporation disclosed plans to cut its…
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Shell, today, announced a cash allocation framework that will enable it to reduce debt, increase distributions to shareholders, and allow for disciplined growth as it reshapes its business for the future of energy. Ongoing work to reshape…
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