News

The ongoing Assa North/Ohaji South gas development project in Imo State, South-East Nigeria, will produce 600 million standard cubic feet of gas per day, energy equivalent of about 2,400 Megawatts which is enough to provide uninterrupted…
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Nigeria will contribute 46% of sub-Saharan Africa’s total crude production from planned and announced projects (greenfield projects) in 2025, according to GlobalData, a leading data and analytics company. The company’s report: ‘H1…
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There are indications that Nigeria has lost significant oil as a result of increasing pipeline vandalism and oil theft in the Nigeria Delta. Investigation by Vanguardover the weekend showed that many oil companies, including the…
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Dangote Refinery and Petrochemical has so far awarded $368 million worth of contracts to 120 local contractors as part of its contribution to Nigeria’s content development initiative. Group Executive Director, Strategy, Portfolio…
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The Chairman and Chief Executive Officer of Oilserv Group, Mr. Emeka Okwuosa, has said that efforts were being put in place to ensure that the Obiafu-Obrikom-Oben (OB3) ‘LOT B’ gas pipeline being handled by his company was completed by…
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With the global energy transformation defining the energy landscape and world economies, fossil fuel will still account for 53 per cent of the world energy demand even up to 2040. This was made known by the Chief Executive Officer,…
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A former Nigerian president, Goodluck Jonathan, has repeated his claim that he did nothing wrong when his government brokered the controversial Malabu oil deal. A statement by Ikechukwu Eze, media adviser to the former president,…
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Daily, about 126 heavy-duty trucks jot across a massive land area that is seven times the size of Victoria Island. This is aside the 750 heavy-duty equipment stationed in what is clearly one of the biggest construction projects in any…
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The Nigerian government has accused former President Goodluck Jonathan and his then oil minister of accepting bribes and breaking the country’s laws to broker a $1.3 billion oil deal eight years ago, a London court filing shows. The…
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*As communities threaten firm, state demands Aiteo Eastern Exploration and Production Company’s Nembe Creek Trunk Line, NCTL, is still under shutdown, affecting the export of Nigeria’s number one crude grade, Bonny Light,…
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