Industry

-By Gideon Osaka National oil companies (NOCs) globally are estimated to cut exploration budgets by 25 percent on average in 2020, says Wood Mackenzie, a Scotland, United Kingdom – based energy research and consultancy firm. The…
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-By Fred Ojiegbe As different countries of the world begin to ease lockdown, the global oil market is responding to the development with positive rise in prices of crude oil. In recent times, there was a recent drop in supply glut…
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-By Gideon Osaka The coronavirus pandemic, otherwise known as Covid-19, which has ravaged the world economy has continued to take its toll on oil production in Nigeria, as the country’s rig count dipped by five, having recorded 16 in…
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The Department of Petroleum Resources (DPR) has announced the postponement of implementation of new registration fees for oil and gas trainings in the country till further notice. The Director and Chief Executive Officer of DPR, Mr.…
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Installation of equipments at the biggest single train oil refinery in the world. Upon completion around April 2021, This project will cut Nigeria's export bill by billions of dollars, while creating potential to earn forex for the nation…
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In Nigeria, one might think that getting a job as lucrative as that of Nigerian National Petroleum Corporation (NNPC) would need connections from godfathers, but new employees of the oil company have said that they got the job based on…
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The two are from diverse backgrounds but seem driven by the same passion- the desire to make things better. Timipre Silva, Minister for State for Petroleum and Mele Kyari, the Group Managing Director of the Nigerian National Petroleum…
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By Gideon Osaka Most times, reacting to faceless authors of mischievous publications is undeserving, but for the need to disabuse the minds of unsuspecting elements, reacting to such dangerous trends becomes manifest. Only recently…
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… Sylva commits to Women Content Board as a further expression of the Each For Equal Agenda The Honourable Minister of State for Petroleum Resources (HMSPR), H.E. Chief Timipre Marlin Sylva, today received a high-level delegation of…
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-By Gideon Osaka The world is said to be moving in the direction of alternative and clean energy and there are already predictions that with current trends in technology and environmental concerns, over the next 20 to 30 years, crude…
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