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Manchester City have received a piece of bad news after winning the English Premier League as the European football governing body, UEFA, may ban the Pep Guardiola led team from the Champions League. Manchester City have been under…
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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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…Corporation says marketers not importing are seeking higher margin The Nigeria National Petroleum Corporation (NNPC) has allegedly driven oil marketers out of the business of importation of Automotive Gas Oil (AGO) or diesel by making…
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Oil production from fields in Nigeria in 2018 were 70,166,496 (70 million) barrels more than what were produced in 2017, a report by the Nigerian National Petroleum Corporation (NNPC) has disclosed. The document titled: “NNPC Monthly…
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The Economic and Financial Crimes Commission, EFCC, says it has taken delivery of eight suspected oil thieves, including Cameroonians allegedly caught while bunkering illegally refined PMS, from the Nigerian Navy Ship, NNS Victory. NNS…
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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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Nigeria may save more than $5 billion annually if the country deregulates its downstream petroleum sector, the immediate past president of the Nigerian Association of Energy Economists (NAEE), Prof. Wumi Iledare, has disclosed. Speaking…
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