NNPC Reports Explosion in OML 40 Facility Managed by Its Partners
…Says No Fatalities or Injury
The Nigerian Petroleum Development Company (NPDC), an upstream subsidiary of the Nigerian National Petroleum Corporation, has reported an explosion at a production facility in Oil Mining Lease (OML) 40!-->!-->!-->…
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Lawrencia Nwadiobuma Ndupe: Chief Operating Officer, Downstream – NNPC
-By Danlami Nasir Isah
Lawrencia Nwadiobuma Ndupe was born in Oguta, Imo State, She attended St. Louis Grammar School, Ibadan and Federal School of Arts & Science, Lagos for her secondary and remedial education respectively and!-->!-->!-->…
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2019 AFS: Amid Losses, 2020 Outlook Promising for NNPC
-By Gideon Osaka
Barely five months after publishing its 2018 Audited Financial Statement, the Nigerian National Petroleum Corporation (NNPC) recently released its 2019 Audited Financial Statement (2019 AFS).
The 2019 Audited!-->!-->!-->!-->!-->…
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SPE Celebrates Independence Day with a Lecture
-By Said Abubakar
The Society for Petroleum Engineers (SPE) Abuja Section 199 penultimate weekend hosted two programs on the 9th and 10th of October, 2020, precisely to commemorate Nigeria at 60 independence celebration.
The theme!-->!-->!-->!-->!-->…
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Empowering the Media to Stimulate Growth, Transparency in Oil & Gas Industry
-By Benjamin Ike
The Nigerian media has played major roles in Nigeria’s existence; especially during the country’s quest to gain independence from its colonial masters and in the fight for the entrenchment of democracy.
All through!-->!-->!-->!-->!-->…
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2021 Budget: Stakeholders, Experts React to FG’s Oil Production Benchmark
-By Gideon Osaka
Reactions have continued to trail the oil production benchmark pegged by the federal government in the 2021 budget.
A total of 1.87 million barrels per day has been projected for oil projections in the 2021 budget!-->!-->!-->!-->!-->…
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Oil Demand Growth to End in Ten Years …IEA
-By Fred Ojiegbe
Oil producing countries have been put on the edge by the prediction that the era of product demand will soon be over, latest report by the International Energy Agency, IEA, indicated.
“The era of global oil demand!-->!-->!-->!-->!-->…
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Nigeria’s Rig Count Records Plus 2, as OPEC’s Output Diminishes by 14
-By Fred Ojiegbe
For two months in a row, Nigeria has continued to experience improvement in oil production as its rig count improved by two, having recorded nine in September, as against eight recorded in August. Earlier in July, the!-->!-->!-->…
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EITI Commends NNPC on Publication of 2019 Audited Account
…Invites Kyari to Speak at Its Virtual Meeting
The Extractive Industries Transparency Initiatives (EITI), a multi-stakeholder coalition that promotes extractives transparency and accountability in over 50 countries, has commended the!-->!-->!-->…
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Seplat continues expansion into midstream gas processing
Seplat Petroleum Development Company Plc, has announced its unaudited results for the nine months ended 30 September 2020, recording increased operational efficiencies and further reduction in costs.
The Company has continued its!-->!-->!-->…
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