Industry

Alaska. Cook Inlet. A helicopter lands on the monopod oil production platform, crew changes are routinely done by helicopter. By Ese Ufuoma Nigeria, Africa’s largest oil producer, boasts vast hydrocarbon reserves, yet a significant…
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*OPEC+ Russia’s oil producers have been drilling wells at a pace not seen in at least five years as the nation readies for both a loosening of OPEC+ output limits and the possibility of relief from some international sanctions over its…
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The Head of Transparency International (TI) Nigeria and Executive Director of the Civil Society Legislative Advocacy Centre (CISLAC), Comrade Auwal Musa Rafsanjani, has called for a full-scale investigation into the Nigerian National…
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Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo The Nigerian Gas Association has confirmed that Nigeria’s presence at the World Gas Conference 2025 in Beijing, China, will be headlined by strong government and energy…
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There was pandemonium at the Port Harcourt Refinery yesterday as the Economic and Financial Crimes Commission (EFCC) stormed the facility, marched straight to the acting Managing Director’s office, Mr. Jelili Ademoye, and whisked him…
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The House of Representatives Committee on Public Accounts has ordered OML18 Resources Limited, formerly Sahara Field Production Limited, to remit $4.02 million to the Federation Account within five days. The directive came during a…
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The African Private Capital Association (AVCA) has emphasised the need for increased capital deployment in essential sectors to stimulate economic growth and development. This call was made during the ongoing 21st Annual Africa…
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The Federal Government reiterated ban on the importation of oil pipelines with a view to encouraging domestic manufacturing. Heineken Lokpobiri, the Minister of Petroleum Resources (Oil), announced the prohibition while inaugurating…
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TotalEnergies Marketing Nigeria Plc has recorded N221.61 billion in revenue for the first quarter of 2025. This figure represents a year-on-year decline of 18 per cent when compared with the N269.84 billion posted in the first…
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Vice President Kashim Shettima has expressed strong support for a proposed collaboration between Nigeria and the Asia Economic Development Committee (AEDC) of South Korea, focusing on the manufacture of solar equipment and electric…
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