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"Shell could no longer afford to be exposed to the risk of theft and sabotage" Royal Dutch Shell is set to sell its Permian Basin assets to ConocoPhillips for $9.5 billion in cash, an exit from the largest United States oilfield for…
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By Teddy Nwanunobi TotalEnergies SE, a French energy giant, on Monday, said that it expects global oil demand to peak before the end of this decade, sooner than it previously forecast, as more nations crack down on fossil fuels to…
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Unless prompt actions are being taken by the Federal Government, the country may be plunged into a fresh round of fuel scarcity. Roving Naija gathered the national executive council of Petroleum Tankers Drivers (PTD)’s branch of the…
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"...The difference in the bid between a company that had established itself in Nigeria and another company that came from Europe was $2 billion" By Teddy Nwanunobi The Executive Secretary of the Nigerian Content Development and…
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Nigeria’s crude oil production would likely reach two million barrels per day, mb/d, by the end of this year, according to Minister of State for Petroleum Resources, Timipre Sylva. The minister stated this at the Gastech 2021…
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"The rally in oil prices should come as good news for oil producing countries such as Nigeria" Unless Nigeria is able to ramp up its production in the current month, the country would be unable to maximum the current rise in crude…
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...Diesel, kerosene, fuel oil and Naphtha “We have officially commenced the test run of our refinery with the first refined products coming out successfully" The OPAC Refineries, an indigenous company, has announced the…
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"...The implementation of the operational codes coupled with the availability of registered retail outlets, the state has not experienced fuel scarcity for a long time" The Department of Petroleum Resources (DPR) in Bauchi state has…
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"...He is down to earth in his dealing with people. He is polite and urbane. He doesn’t talk down on you or force you to accept his point of view, he wins you over" By Obinna Nwachi The job of managing the image and reputation…
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Images from the Official Handover of the former Group General Manager, Group Public Affairs Division of the NNPC, Dr. Kennie Obateru, to his successor, Mr. Garba Deen Muhammad, held at the NNPC Towers, yesterday.
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