Industry

...Nigeria imports 100 per cent of its methanol The Minister of State for Petroleum Resources, Timipre Sylva, says the upcoming integrated methanol and gas project would create 30, 000 direct and indirect jobs in the country. Mr…
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…As Partner Take FID on Project The Nigerian National Petroleum Corporation (NNPC) says it would do everything within its powers to ensure the timeous completion of the $3.6bn Integrated Gas Processing and Methanol Plant in Odioma,…
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Tenaris has delivered its final shipment of coated pipes for Total’s ultra-fast track Ikike Project, located approximately 20km offshore the Nigerian Coast, in the Gulf of Guinea. The scope included 28km of 12” seamless line pipe,…
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The Federal Government has taken the first major step to relocate the Department of Petroleum Resources, DPR, from Lagos to Abuja, with laying of the foundation for its head office building in the nation’s capital. The bulk of…
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In a statement on Wednesday, the association described the achievement of over one million MT of cooking gas consumption level in 2020 as a major milestone, adding that achieving two million MT by 2022 meant that awareness on usage of gas…
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The National Assembly of Nigeria is targeting April or May for the passage of the highly anticipated Petroleum Industry Bill, according to an announcement by Senate President Ahmed Lawan on Monday. After being sent to the Senate by…
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Conoil Producing, the Nigerian E&P independent owned by the billionaire Mike Adenuga, has paid a deposit for its purchase of the 40% equity held by Chevron Corp. in Oil Mining Leases (OMLs) 86 and 88. Conoil won the drawn out bid…
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***Senate to Pass PIB April, Buhari to Sign it into law before May 29, Lawan *** Says PIB will ensure Nigerians benefit optimally from resources ***As Senate begins public hearing on bill ***We haven’t seen significant development…
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Crude exports of Nigeria’s key crude Qua Iboe are set to resume for the first time in almost six weeks after a fire at the terminal halted production and loadings, shipping and trading sources said Jan. 22. Later in the day, a spokesman…
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The Minister of State for Petroleum Resources, Chief Timipre Sylva has announced new dates for the 2021 Nigerian International Petroleum Summit (NIPS). The official Oil and Gas meeting of the Federal Republic of Nigeria which will now take…
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