News

-By Gideon Osaka Deepwater led the way as global discoveries of conventional oil and gas totaled 6.7 billion barrels of oil equivalent, Bboe in the first half of 2019, according to Rystad Energy, an independent oil and gas consulting…
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-By Benjamin Ike History was made Wednesday July 10, 2019 in the ever fledgling capital city of Abuja when Valuechain, an Oil and Gas related magazine celebrated the first anniversary of the publication with Awards and launch of a…
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Traditional Cement may no longer be used in Sealing Wells in the Oil Industry. -By Gideon Osaka This is coming on the heels of the fact that the industry has witnessed a remarkable innovation as Welltec, a well intervention and…
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The Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC), Mr. Mele Kyari, on Tuesday commended the country’s military for providing a secured environment for the corporation to carry out its functions. A…
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The Nigerian National Petroleum Corporation (NNPC) has revealed that it would increase Nigeria’s crude oil reserves to 40 billion barrels by the year 2025. The Group Managing Director of NNPC, Mele Kolo Kyari,disclosed this at the…
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As the commencement date for operations at the Dangote Refinery and Petrochemical Limited draws closer, the company has disclosed that cash flow from the $12 billion refinery project would go towards crude oil production. …
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Tragedy struck at the Abubakar Tafawa Balewa University Bauchi (ATBU) on Tuesday as four students of the school drowned when a pedestrian bridge within the campus in Gubi, Bauchi State collapsed. Reports said the tragedy occurred…
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, has said that it is a shame that Nigeria remained a net importer of petroleum products. Kyari said this at the opening of the 2019…
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*Team will visit venues in Lagos, Benin, Asaba and Uyo A five-man FIFA inspection team that has arrived in Nigeria begins inspection of venues proposed to host the 2020 FIFA U-20 Women’s World Cup today. Nigeria is in the race to…
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An oil monitoring body, South-South Reawakening Group (SSRG) has advised the Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr. Mele Kyari to carry out a thorough and excellent turn around maintenance (TAM) on…
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