OPEC+ Boosts Crude Oil Production by 27.29mbpd in September
By Teddy Nwanunobi
The Organisation of Petroleum Exporting Countries and its allies (OPEC+) boosted crude oil output by 470,000 barrels per day in September.However, a number of its members, including Nigeria, were!-->!-->!-->!-->!-->!-->!-->…
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Reverting to Gas Will Solve Herders, Farmers Crisis – NGEP Boss
By Teddy Nwanunobi
Reverting to gas usage in the country will go a very long way to solve the lingering crisis between the herdsmen and farmers.The Director of the National Gas Expansion Programme (NGEP) at the Ministry of!-->!-->!-->!-->!-->!-->!-->…
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FG Cuts JV Cash Arrears by Additional $300m – Report
"Cash calls are requests sent by JV operators to non-operating partners for payment in the light of anticipated future capital"
By Teddy Nwanunobi (with agency report)The Federal Government, through the Nigerian National!-->!-->!-->!-->!-->!-->!-->…
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2023: Ganduje Removes Magaji as Chairman NNPC/AKK Project
By Teddy Nwanunobi
Kano State governor, Dr. Abdullahi Umar Ganduje, has removed Engr. Mu’azu Magaji as Executive Chairman, state NNPC/AKK Gas Pipeline Project and Gas Industrialisation Committee (KNSG-PDIC).This is the second!-->!-->!-->!-->!-->!-->!-->…
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Revenue: FG to Benefit from Brent Crude’s Rise to $84.50
By Teddy NwanunobiBetter times are here for the Federal Government, as Brent Crude, Nigeria’s crude oil benchmark, hit $84.50 per barrel on Monday afternoon, according to data from the Nigerian National Petroleum Corporation!-->!-->!-->!-->!-->…
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Meet WOO’s Rising Requirements, Barkindo Tells Energy Firms
By Teddy NwanunobiThe Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), H.E. Muhammad Barkindo, has charged energy companies to meet the rising requirements, as projected by OPEC’s World Oil Outlook!-->!-->!-->!-->!-->…
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Nigeria’s gas reserves enough for 9 new power plants by 2037
"The declaration provides the fulcrum for focusing effort and resources required at making gas the centrepiece of Nigeria’s economy by 2030"Timipre Sylva, Nigeria’s minister of state for Petroleum Resources has indicated that!-->!-->!-->!-->!-->…
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DPR Eyes N500m Revenue Increase By Year End
The Department of Petroleum Resources (DPR) has promised to record N500 million increase over the N2.7 trilion revenue generated in 2020.Through this, DPR is targeting N3.2 trillion revenue in 2021, its director, Sarki Auwalu, has!-->!-->!-->!-->!-->…
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Climate Change: Achieving Net-zero Emissions by 2050 Great Challenge – OPEC
"There is no ‘one size fits all’ solution to addressing climate change. Different countries around the world have varying capabilities and diverse needs"
By Teddy NwanunobiThe Organisation of Petroleum Exporting Countries (OPEC)!-->!-->!-->!-->!-->!-->!-->…
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Former NNN Company Secretary Now Wazirin Zazzau
The Emir of Zazzau, Ambassador Ahmad Nuhu Bamalli has appointed Khadi Muhammad Inuwa Aminu as the new Wazirin Zazzau and a senior member of the Emirate Council.Khadi Muhammad Inuwa Aminu is former Secretary of the New Nigerian!-->!-->!-->!-->!-->…
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