News

Abdulrahman Bashir, the Chief Executive Officer of Rahamaniyya Oil and Gas Limited has been jailed in the United Kingdom. This was in line with the deal Ultimate Oil and Gas, the trading arm of Rahamaniyya Oil in the Dubai Multi…
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The Department of Petroleum Resources (DPR) says the recently-inaugurated Nigerian Gas Transportation Network Code (NGTCN) will address gas infrastructure development in the country. According to a statement signed by Mr Paul Osu, Head,…
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The federal government has unveiled the Nigerian Content Development and Monitoring Board (NCDMB) gas hub on a 10.6-hectare piece of land, which was earlier proposed as a pipe mill for the oil and gas industry in 2013. The Minister of…
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Shell Petroleum Development Company (SPDC) on Friday said it has filed an appeal for a stay of execution of the ruling of the Rivers State High Court affirming the enforcement of the purported acquisition of interests in the company’s…
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Society for Petroleum Engineers (SPE) Nigeria Council, has called for a review of the marginal fields bid round programme. The Chairman of SPE Nigeria Council, Joe Nwakwe, made the disclosure during a press briefing in Lagos on Tuesday.…
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...Says New Status to Deepen Commitment to Accountability & Transparency The Nigerian National Petroleum Corporation (NNPC) has become an Extractive Industries Transparency Initiative (EITI) partner company, joining a group of over…
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Honourable Minister of State for Petroleum Resources, Timipre Sylva has affirmed a proposal by the World Energy Forum (WEF) to host it’s annual international energy congress in Nigeria come October 2021. The event which was held in Abu…
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The Nigerian National Petroleum Corporation (NNPC) has ruled out the sale of its multi-billion dollars equity in oil assets across the country to investors, declaring that this is the wrong time to venture into that. Group Managing…
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…Nigeria independents currently account for 25% of total production output …Oil industry has experienced frequent fall of prices in the last twenty years …New indigenous players arising from 2020 bid rounds will develop the country’s…
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…Association Advocates Enhanced Exploration and Production Business in Nigeria …Brisk Response to PIB Passage to Guarantee Investors’ Confidence …Financing the Sector to augment Post Covid-19 issues in the industry arising from…
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