Heirs Oil & Gas’ New CEO Promises to Move Firm Forward
By Teddy NwanunobiNewly installed Chief Executive Officer (CEO) of Heirs Oil & Gas, Mr. Osayande Igiehon, has resumed office with a promise to use his wealth of experience in the industry to put the company on a sound pedestal!-->!-->!-->…
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Oil Production Drops by 30% in Four Years
By Teddy Nwanunobi
Nigeria’s oil production has fallen by 30 per cent in the last four years, from 2.041 million barrels per day (mbpd) in 2017 to 1.423mbpd in 2020.The figure, however, excludes the 2020 condensate production,!-->!-->!-->!-->!-->…
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COVID-19: NNPC, Agip Lose 400,000 Barrels of Oil
By Teddy NwanunobiThe duo of the Nigerian National Petroleum Corporation (NNPC) and Nigerian Agip Oil Company (NAOC) lost 400,000 barrels of crude oil in February due to the outbreak of the Coronavirus (COVID-19) Pandemic at Abo!-->!-->!-->…
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NUPENG Supports Fuel Subsidy, Says Removal is Suicidal
By Teddy Nwanunobi
The Nigeria Union of Petroleum and Natural Gas (NUPENG) has thrown its weight against the removal of fuel subsidy, saying that it is going to be highly suicidal, if it would be removed.This was even as it!-->!-->!-->!-->!-->…
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DPR Supports 1st Floating LNG Production Plant Project
By Teddy Nwanunobi
The Department of Petroleum Resources (DPR) has pledged support to the hitch-free completion of Nigeria’s first floating Liquefied Natural Gas (LNG) production plant.The DPR Director, Engr. Sarki Auwalu, gave the!-->!-->!-->!-->!-->…
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Energy: AEC Urges US to Invest More in Africa
By Teddy Nwanunobi
The African Energy Chamber (AEC) has called on the United States of America to invest more in Africa, with series about unjustified risk perceptions on the continent.AEC’s call followed President Joe Biden’s!-->!-->!-->!-->!-->…
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Abandoned Project: Bayelsa calls for tripartite funding of Akenfa bridge construction
Bayelsa State Deputy Governor, Senator Lawrence Ewhrudjakpo, has called for a tripartite funding arrangement to expedite action on the completion of the Akenfa Bridge project awarded by the Niger Delta Development Commission since 2009.!-->!-->!-->…
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2021 UEFA Champions League Final
-By Saidu AbubakarThe cynosure of all eyes is Atatürk Olympic Stadium in Istanbul, Turkey, venue of the 2021 UEFA Champions League final between English clubs - Manchester City (in their first UEFA Champions League!-->!-->!-->…
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Nigeria’s NNPC, Agip lose 400,000 barrels of oil over COVID
The Nigerian National Petroleum Corporation (NNPC) and its partner, Nigerian Agip Oil Company (NAOC) lost 400,000 barrels of crude oil in February due to the outbreak of the COVID-19 pandemic at Abo terminal, an offshore oil facility in!-->…
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Oil, Mining Assets: NEITI Moves to Expose Authentic Owners
By Teddy Nwanunobi
The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that it was working to unearth the original owners of oilfields and other mining assets across the country.NEITI, in a statement!-->!-->!-->!-->!-->!-->…
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