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By Teddy NwanunobiThe Minister of State for Petroleum Resources, Chief Timipre Sylva, has expressed his desire to have Nigeria’s huge gas reserves unlocked, saying that Nigeria must be deliberate about gas exploration and utilisation…
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By Teddy Nwanunobi The Minister of Science and Technology, Dr. Ogbonnaya Onu, has revealed that Nigeria’s bitumen reserves have grown to about 42 billion barrels.Onu, who declared that out of the reserves, 43 industrial chemicals,…
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By Teddy NwanunobiNigeria, Russia, Iraq, Iran, the United States, Algeria and Venezuela have remained the top seven gas flaring countries for nine years running, since the first satellite was launched in 2012, according to a satellite…
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-By Gideon OsakaSince late 2020, the beginning of a new month often comes with fear, anxiety and uncertainty for most Nigerians, because it is the period when the price of premium motor spirit (PMS), better known as petrol, usually…
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By Teddy Nwanunobi The real market price for the premium motor spirit (PMS), also known as petrol, has increased from N184 per litre to N241 per litre, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has revealed.…
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NCDMB can’t advocate for 100% local content now – Wabote -By Teddy NwanunobiA Milan-based company, Saipem, has been alleged to be sabotaging the Nigerian Local Content (NLC) Act in the construction of the $7 billion Nigerian…
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-By Fred OjiegbeNigeria’s rig count for the month of March witnessed reduction by one, having recorded six as against seven recorded in February, data from the Organisation of Petroleum Exporting Countries (OPEC) Monthly Oil Market…
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By Teddy NwanunobiThe Gas Exporting Countries Forum (GECF) aims to overcome energy poverty, enhance growth and mitigate CO2 emissions pollution in the continent, as it plans to promote gas development in the African oil and gas…
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By Teddy NwanunobiEni is planning to help reduce debt, and fund its shift to low-carbon energy, as it considers spinning off oil and gas operations in West Africa and the Middle East into new joint ventures (JVs), according to company…
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By Teddy Nwanunobi Life would be much easier for business women, especially women in the oil and gas sector, following the provision of a $20 million loan scheme by the Nigerian Content Development and Monitoring Board (NCDMB).The…
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