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Justice Derefaka, the Technical Adviser, Gas Business & Policy Implementation, to Minister of State, Petroleum Resources, in this interview with MOHAMMED SHOSANYA, gives highlights on how Nigeria’s Autogas policy and other initiatives…
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The Nigerian National Petroleum corporation (NNPC) has cautioned motorists not to engage in panic buying of Premium Motor Spirit (PMS) also known as petrol, assuring of normalcy in the supply of petroleum products. Dr Kennie Obateru,…
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The Department of Petroleum Resources (DPR) has said that it is pleased to acknowledge the superior performance of the "Nigerian Oil & Gas Industry in managing the COVID-19 pandemic in our areas of operations which, from our records,…
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There is every indication that the OPEC+ production cut target might be extended a little far into the coming year according to the Russian President, Vladimir Putin. This is even as Nigeria is struggling to meet her current quota target. …
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The Organization of Petroleum Exporting Countries, OPEC, has forecasted that global oil demand will plateau in the late 2030s and could by then have begun to decline. The OPEC gave the indication in a major shift for the producer group…
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The Federal Ministry of Petroleum Resources has employed the services of Franklin Wyatt, a litigation settlement specialist, to take part in the talks with Eni S.p.A in a long-running dispute over oil rights and bribery allegations. …
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Escalating tensions sweeping through Nigeria haven’t yet disrupted crude flows from Africa’s biggest oil producer in any meaningful way. A wave of protests against police brutality have taken place in the past few weeks, triggering a…
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Exxon Mobil Corp, has confirmed plans to lay off an unspecified number of employees as low oil prices force the company to delay major projects, its chief executive officer, Darren Woods said in an email to staff. Woods also mounted an…
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The Federal Government plans to set up Nigerian Midstream and Downstream Petroleum Regulatory Authority to regulate operators in midstream and downstream oil industry, under the new Petroleum Industry Bill (PIB). The News Agency of…
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Nigeria’s downstream sector still needs some sort of regulation to main sanity, according to Chairman, Major Oil Marketers Association of Nigeria, MOMAN, Mr. Tunji Oyebanji. Mr. Oyebanji made the assertion on the sideline of an energy…
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