Amendment For 2022/23 Deep Offshore Mini Bid Round Schedule Gets FG’s Approval
By Saidu Abubakar
Conclusion date now July 28, 2023
In a bid to boost confidence in the transparency and continuity of the 2022/2023 Deep Offshore Oil Block Mini-Bid Round process, President Muhammadu Buhari has approved the!-->!-->!-->!-->!-->!-->!-->…
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How is Nigeria Positioning for World’s $1trn Energy Market?
By Yange Ikyaa
The global market for oil and gas contractors has been projected to rise to a peak of $1 trillion in the year 2025 and remain at high levels for several years thereafter, according to a recent industry report.
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NSCDC Arrests Six Suspects in Abia Over Crude Oil Theft
By Adaobi Rhema Oguejiofor
The new Commandant of the Nigeria Security and Civil Defense Corps (NSCDC) in Abia State, Paul Igwebuike, has said that six suspected crude oil thieves have been arrested, with 42 drums of oil suspected to!-->!-->!-->!-->!-->…
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Nigeria’s Oil and Gas Sector Records Lowest Premium Retention Ratio
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By Moses Patience Chat
The National Insurance Commission has said that the Nigeriain oil and gas sector has recorded a 36 per cent premium retention ratio in 2022 and ranked as the underwriting sector with the lowest premium!-->!-->!-->!-->!-->…
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Fears Arise as Bonny Light Drops by 3% to $73.87 per barrel
By Moses Patience Chat
Fears sprang up during the weekend as the price of Nigeria’s premium oil grade, Bonny Light, dropped to $73.87 per barrel, from $76.37, indicating a fall by 3 per cent.
The Federal Government had!-->!-->!-->!-->!-->!-->!-->…
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Anambra Gov signs MOU to Improve Power Supply
By Adaobi Rhema Oguejiofor
The Governor of Anambra State, Professor Chukwuma Soludo, has signed a Memorandum of Understanding (MoU) with the Enugu Electricity Distribution Company (EEDC) in order to address the challenges of!-->!-->!-->!-->!-->…
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NCDMB, FIRS Organize Tax Awareness Seminar in Yenegoa
By Moses Patience Chat
The Nigerian Content Development and Monitoring Board (NCDMB) in collaboration with the Federal Inland Revenue Service (FIRS) has organized a one-day seminar that is aimed at creating awareness on the!-->!-->!-->!-->!-->…
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Ebenyi-A Well: Exploration In Middle Benue Will Lead To Greater Prosperity, Energy Security,…
By Saidu Abubakar
President Muhammadu Buhari on Tuesday declared that the discovery and drilling of oil in Nasarawa State will lead to greater prosperity for Nigerians as well as enhance overall energy security for the country.
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President Buhari Flags-off Oil Exploration in Nasarawa State
By Adaobi Rhema Oguejiofor
History is again being made today in the oil and gas industry with the flag-off of exploration following oil discovery at Obi Local Government Area of Nasarawa State. The flàg-off by President Muhammadu!-->!-->!-->!-->!-->…
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Nigeria to Build First Solar Cell Production Plant In Nasarawa
By Moses Patience Chat
The Executive Vice Chairman of the National Agency for Science and Engineering Infrastructure (NASENI), Engr. Prof. Mohammed Sani Haruna, has revealed that Nigeria is set to build its first solar cell!-->!-->!-->!-->!-->…
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