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Nigeria has lost its status as Africa’s top oil producer to Angola as Africa’s biggest economy saw its output decline the most in May among its peers in the Organization of the Petroleum Exporting Countries (OPEC).OPEC’s monthly…
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Omowumi Iledare, a Professor of Petroleum Economics, has advocated the need for implementation strategy of the Petroleum Industry Act 2021 provisions to promote industry solutions to optimize industry efficiency, institutional…
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Crude oil rally does not look to slow anytime soon as Brent crude sold $123 on average a barrel Tuesday and market conditions are forcing analysts to predict that the trend may slip into 2023, a development that does not bode well for…
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Timipre Sylva By Adeniyi OnifadeWith a view to empowering women in the oil and gas industry, Minister of State for Petroleum Resources, Chief Timipre Sylva has revealed that the federal government has, through the Nigerian Content…
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HE Kyriakos Mitsotakis, Prime Minister of Greece with Mohammad Sanusi Barkindo in Athens, Greece, today By Saidu AbubakarSupply chains have struggled to adjust to the realities of the COVID-19 pandemic, Secretary General of the…
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*Nigerian Maritime Administration and Safety Agency (NIMASA)’s charges on petrol remains N0.22 per litreAs fuel subsidy is increasing, 16 vessels will discharge 234,907 tonnes of premium motor spirit and automotive gas oil (AGO)…
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The oil and gas industry would continue to be manned by foreigners and expats with rapid advancement in technologies used therein, the Nigerian Content Development and Monitoring Board (NCDMB)A statement by the organisation…
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Heirs Oil And Gas, ND Western are progressing their intent for the acquisition of onshore oil and gas fields owned by oil giant,Shell. The multinational oil company is billed to receive the two final offers soon.The…
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Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Dr. Sanusi Barkindo, has bemoaned the contradictions in the world’s richest countries’ call for more oil production and at the same time stopping investment…
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