Industry

By Teddy Nwanunobi Newly installed Chief Executive Officer (CEO) of Heirs Oil & Gas, Mr. Osayande Igiehon, has resumed office with a promise to use his wealth of experience in the industry to put the company on a sound pedestal…
Read More...

By Teddy Nwanunobi Nigeria’s oil production has fallen by 30 per cent in the last four years, from 2.041 million barrels per day (mbpd) in 2017 to 1.423mbpd in 2020. The figure, however, excludes the 2020 condensate production,…
Read More...

By Teddy Nwanunobi The duo of the Nigerian National Petroleum Corporation (NNPC) and Nigerian Agip Oil Company (NAOC) lost 400,000 barrels of crude oil in February due to the outbreak of the Coronavirus (COVID-19) Pandemic at Abo…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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)…
Read More...

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…
Read More...

· 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…
Read More...