Industry

The Nigerian National Petroleum Corporation (NNPC) has revealed plan to deliver about 5Gigawatts (GW) or 5,000 Megawatts (MW) of electricity by 2022. According to the NNPC, this prediction is based on the commencement of the…
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As part of the Federal Government’s strategies to reposition the gas sub-sector, the Ministry of Petroleum Resources has commenced the implementation of critically conceived initiatives to foster efficiency and attract investment along the…
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Expects increase in gas revenues from Anoh project in 2022Company to raise gas production to 350mscf per day by year end Seplat Petroleum Ltd., Nigeria’s biggest independent energy company, said the West Africa nation’s decision to…
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The Department of Petroleum Resources, DPR could add 10 more marginal oil fields to the 57 already on the list for the 2020 bid round, SweetcrudeReports findings have shown. This follows a Federal High Court rejection of an application…
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Stakeholders in the oil and gas sector in Nigeria have called for a review of the localisations of oil and gas free zones for global competitiveness. The stakeholders spoke at the Webinar organised by SING Nigeria, a good governance and…
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Oil major, ExxonMobil’s value is gradually sliding as the firm no longer ranks as the world’s second most valuable energy firm, according to a report by Economic Times. The most valuable company in India with diversified operations,…
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Stakeholders have advocated for a Repositioning the Oil and Gas Free Zones for Global Competitiveness. Speaking at the Webinar organised by SING Nigeria, a good governance and accountability organisation, which partnered with other CSOs in…
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With glut in the Liquefied Natural Gas (LNG) sector, a new report from the Oxford Institute for Energy Studies (OIES), has stated that the margin for exporting the product remains negative, and could remain so for the duration of 2020. …
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Emeka Okwuosa is the Chairman, Oilserv Limited, lead contractor for the first segment of the Ajaokuta-Kaduna-Kano AKK, 614km-long pipeline project being developed by the Nigerian National Petroleum Corporation, NNPC. In this interview,…
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Axxela Limited has joined the register of companies to successfully raise capital on the floor of The Nigerian Stock Exchange (NSE or The Exchange) even in these challenging times. The company listed the Axxela Funding 1 Plc’s…
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