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The Department of Petroleum Resources (DPR), Nigeria’s regulatory agency for the hydrocarbon industry, has distributed the third letter in the series of correspondences it has been sending to, apparently, the 161 companies selected as…
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The Department of Petroleum Resources (DPR) says it has reviewed five terms for gas development under the Production Sharing Contracts (PSC) in the Country. Mr Sarki Auwalu, the Chief Executive Officer, said this during a Public hearing…
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The Nigerian National Petroleum Corporation (NNPC) has called for a legislative framework with clear fiscal terms in order to tap the full potential of the gas resources in the nation’s deepwater acreages. The Group Managing Director of…
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-By Teddy Nwanunobi Following reports of terrorist attacks on Saudi Arabia’s facilities, oil prices jumped past the $70 a barrel price level, at the first trading session of the week for the first time since the worst pandemic in human…
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The Nigerian National Petroleum Corporation has put money spent on pipeline repairs within the space of five years, including money lost as a result of product loss at N966 billion. The explanation came in response to the query raised…
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Events Manager, SPE Nigeria Council, Udochukwu Akunna; Chairman, Olatunji Akinwunmi and Vice Chairman, Olalekan Olafuyi at the press conference On Way Forward for the Oil & Gas Industry Post COVID-19 preceding annual SPE Nigeria…
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Fifteen teams have emerged as regional semi-finalists in the first Nigerian Content Science and Technology Innovation Challenge, STIC, which was opened to all higher institutions in Nigeria in November 2020. The competition is sponsored…
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Oil prices rose more than 1% on Friday, extending gains from the previous session, after OPEC and its allies agreed not to increase supply in April as they await a more substantial recovery in demand amid the coronavirus pandemic. Brent…
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The Nigerian National Petroleum Corporation (NNPC) and the Usmanu Danfodiyo University, Sokoto, have pledged to collaborate on the development of energy inter-conversion and storage as a catalyst for Nigeria’s economic development and…
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-By Fred Ojiegbe The Nigerian Content Development and Monitoring Board (NCDMB) have inaugurated 40 companies as part of its Project 100 Supplier Development Programme. Project100 which took root in January 2019 with 60…
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