News

No less than Five oil wells are currently ablaze in Ondo State. It was assembled that fire broke out on Thursday morning in Ajegunle-Ikorigho community and spread to parts of Ojumole which is situated in Ikorigho land. The oil…
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In a bid to resuscitate the country’s refineries, the Minister of State for Petroleum Resources, Ibe Kachikwu, has revealed that Nigeria needs about N900 billion ($2.5 billion) before it could put back the nation’s refineries to proper…
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-By Yange Ikyaa Aiteo Group has said it suspects third party breach of its oil facility, the Nembe Creek Trunk Line. In a statement issued by Ndiana Matthew, who is the head of corporate communications for Aiteo Eastern…
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The Nigerian army has destroyed one of the biggest illegal oil camps in the Niger Delta controlled and operated by oil thieves, local media report. The soldiers, according to the reports, destroyed 700 oil drums, 150 storage tanks, and…
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The Integrated Data Services Limited (IDSL), the premier geological and geophysical subsidiary of the Nigerian National Petroleum Corporation (NNPC), said it is aggressively boosting its seismic data acquisition technologies and capacities…
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President Muhammadu Buhari has asked Qatar to invest in Nigeria’s refineries, power, economy and other sectors as he attempts to improve bilateral relations between both countries. The President played host to the Emir of Qatar, His…
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Nigerian Oil Minister Emmanuel Kachikwu and the president of Saudi Aramco have discussed investment options in the mid and downstream sector, Nigeria’s petroleum ministry said on Wednesday in a tweet. Aramco is expanding downstream…
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The Department of Petroleum Resources (DPR) said it will begin tosanction unlicensed marketers of Liquefied Petroleum Gas (LPG),otherwise called cooking gas, who are specialised in decanting theproduct at home or in shops.Speaking at a…
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Siemens Nigeria has said it plan to diversify its power services business to the non-oil and gas sectors to cushion the effect of fluctuations in the oil and gas industry as well as foreign exchange in the country. Speaking to THISDAY,…
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-By Yange Ikyaa Aiteo, Nigeria’s oil and gas sector giant, has confirmed that the fire accident it previously reported on April 21, 2019 within its Right Of Way (ROW) of the Nembe Creek Trunk Line (NCTL) has been completely put out,…
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