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The Department of Petroleum Resources, DPR, said it has introduced new guidelines to accommodate more Liquefied Petroleum Gas, LPG, investors and operators across the country. The move according the agency is geared towards enhancing…
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Electricity power generation private sector group has countered the Nigerian Electricity Regulatory Commission, saying the problems bugging the sector are so overwhelming that they may end up derailing the sector. Elated by the recent…
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The management of Total Exploration and Production Nigeria Ltd has taken the position that despite the presence of oil and gas majors in the Nigerian turf, the country remains very risky for business. The company points at what it…
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The Organisation of Petroleum Exporting Countries (OPEC) has said that the number of active oil rigs in Nigeria declined by 30% in October, with the rig count falling to seven in October from 10 in September. The rig count is largely a…
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The Nigerian Content Development and Monitoring Board (NCDMB) in partnership with Enactus Nigeria on Thursday launched the Nigerian Content Science and Technology Innovation Challenge, STIC in Lagos. The Nigerian Content STIC is another…
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The Senate Committee on Gas has commended the Nigerian National Petroleum Corporation (NNPC) on the various gas development projects it has undertaken, especially the Ajaokuta- Kaduna- Kano (AKK) gas pipeline project. Speaking during…
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The Managing Director of Nigeria LNG Limited, NLNG, Mr. Tony Attah, has said the desire of his company to deepen the penetration of Liquefied Petroleum Gas, LPG, in the country is aimed at creating a healthy life for Nigerians by giving…
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*JMMC reaffirms commitment to full conformity For the coming year, the Organization of the Petroleum Exporting Countries, OPEC forecasts demand growing by at least 6 million barrels per day. While delivering his opening remarks at…
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The Nigerian National Petroleum Corporation (NNPC) has reiterated its resolve to grow the nation’s hydrocarbon reserves to 40billion barrels through reinvigorated exploratory activities in the inland frontier basins across the country. …
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Oil prices slipped on Thursday as hopes for a vaccine were overshadowed by a surge in new cases of the coronavirus around the world, which raised concerns about the outlook for crude demand. While early U.S. trading erased some earlier…
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