OML 118 Dispute Resolution: Kyari’s Legendary Leadership, Nigeria’s Next Billion Barrels
By Momodu Abutu XYZ
Mother Nature has a way of depositing its vast treasures wherever it pleases. In the wonderful world of hydrocarbons, these resources are either placed onshore (on land) or offshore (in water). Beneath the hidden!-->!-->!-->…
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Nigeria vs Cameroun: Lions seek end to 21-year jinx in Vienna
Competition: An international friendly match
Venue: Weiner Neustadt Stadium, Austria
Date: Friday, June 4. Kickoff time: 8.30 pm (Nigerian time)
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-By Our Reporter
The first of a brace of!-->!-->!-->!-->!-->!-->!-->!-->!-->!-->!-->…
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Local Content: PETAN to Represent Indigenous Firms at African Roundtable
By Teddy Nwanunobi
Chairman of Petroleum Technology Association of Nigeria (PETAN), Mr. Nicolas Odinuwe, has been confirmed as the representative of the indigenous oil and gas service companies at the maiden edition of the African Local!-->!-->!-->…
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Africa needs $15.7bn to upgrade refineries ― ARDA
African Refiners and Distributors Association, ARDA, has stated that for African countries to meet the planned Sulphur level in petroleum product content, about $15.7 billion would be needed to upgrade the existing 36 refineries on the!-->…
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Eko Petrochem Refinery to Commence Operations in 2023
By Teddy Nwanunobi
The Integrated Oil and Gas Limited, the firm that owns the Eko Petrochem Refinery project, has set a new date for the completion of the 20,000 barrels per day (bpd), saying the project would be by the middle of 2023!-->!-->!-->…
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Lekoil Sacks Founder/CEO
By Teddy Nwanunobi
An oil and gas exploration and production company, Lekoil Limited, has announced the termination of the contract of appointment of its Founder/Chief Executive Officer (CEO), Olalekan Akinyanmi, with immediate!-->!-->!-->…
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Government raises hazard allowances for health workers, may review doctors’ retirement age
The Federal Government has approved a 600 per cent increment in hazard allowance for senior health workers and 350 per cent for their junior counterparts.
According to Guardian report, the Minister of Labour and Employment, Dr. Chris!-->!-->!-->…
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Russia: TotalEnergies Partners with Novatek on LNG Decarbonization, Hydrogen and Renewables
TotalEnergies and Novatek have signed a Memorandum of Understanding (MoU) to jointly work on sustainable reductions of the CO₂ emission resulting from the production of liquefied natural gas (LNG) including with the use of renewable power,!-->…
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Oil: $12.6trn Investments Required in 24 Years – Barkindo
· Says industry’s future at stake
By Teddy Nwanunobi
The sum of $12.6 trillion worth of investments will be required until 2045, as the Organisation of the Petroleum Exporting Countries (OPEC) continues to advocate for the!-->!-->!-->!-->!-->…
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COVID-19: NIPS2021 to Produce Oil, Gas Industry Action Plan
By Teddy Nwanunobi
The African Petroleum Technology & Business Conference, Nigeria International Petroleum Summit (NIPS), has been postponed come up with an action plan for Africa’s oil and gas industry in the post-COVID-19 pandemic!-->!-->!-->…
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