Industry

The Managing Director of Shell Nigeria Exploration and Production Company Limited (SNEPCo), Mr. Bayo Ojulari has charged industry players, especially indigenous companies in the Nigerian oil and gas industry to be creative, embrace…
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The fourth edition of the Nigeria International Petroleum Summit (NIPS 2021) will be a pan-African platform to chart the way forward for the oil and gas industry on the back of production adjustments, COVID-19 induced economic downturn and…
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Oil refiners are permanently closing processing plants in Asia and North America and facilities in Europe could be next because of the uncertain prospects for a recovery in fuel demand after the coronavirus pandemic cut consumption. The…
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Mr Sarki Auwalu, Director, DPR made the disclosure during a visit of the Federal House of Representatives Committee on Petroleum Resources (Upstream) to the DPR headquarters in Lagos on Wednesday. The News Agency of Nigeria (NAN)…
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Imo state will be is set to increase the production of oil in Nigeria with the completion of the Modular refinery that will produce 5,000 Barrels per day. This is one of the key meeting the Federal Government’s agenda of increasing…
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…Saves Billions of Dollars in Liabilities for Nigeria The Litigation Team of the Nigerian National Petroleum Corporation (NNPC) has won the Leading Case Counsel Team of the 2020 Africa Arbitration Awards. A press release by the…
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If the draft Petroleum Industry Bill, which is currently before President Muhammadu Buhari is passed by the National Assembly into law in its present form, then a total of 12 legislations in the oil and gas industry would be repealed by…
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The state minister of petroleum, Timipre Sylva disclosed that the federal government will save at least one trillion Naira from the deregulation of oil sector.. He pointed out that the government will use the money to fix and revamp the…
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As efforts to reforming Nigeria’s oil and gas sector through passage of the Petroleum Industry Bill (PIB) remains on the front burner, industry experts have continued to weigh in on the provisions that will make the bill a good one,…
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Speaking on Channel Television’s Politics today, Kyari said that the inevitable shutdown was necessitated by difficulties in feeding them with crude oil via the pipelines that have been completely compromised by vandals. “That means…
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