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By Teddy NwanunobiHaulage of line pipes from Warri, Delta State in Southern Nigeria to Itakpe, Kogi State in North-Central Nigeria has begun by the Nigerian Railway Corporation (NRC), the Nigerian National Petroleum Corporation…
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By Teddy NwanunobiNigeria is expected to receive over 98.44 oil and gas projects (over 23 per cent) from a total of 428 new projects that are billed to start operations from 2021 to 2025, a new report by GlobaData, a leading research…
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…Impressed with Nigeria’s increasing local manufacturing capacityHonourable Minister of State For Petroleum Resources, Timipre Sylva, on Thursday, inspected the site of the ongoing Nigerian Oil and Gas Park Scheme, NOGAPS, at Emeyal,…
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The Nigeria National Petroleum Corporation (NNPC) has restated its commitment to the partnership with the Government of Kebbi State for the production of biofuels, describing the project as viable and in tandem with the global transition…
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By Teddy NwanunobiNigeria’s gas operators have set their eyes on the nation’s $32 billion pension fund, urging the National Pension Commission (PENCOM) to make the money available for the execution of critical infrastructure…
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By Teddy Nwanunobi The Federal Government targets to sign the contracts for the rehabilitation of the Warri and Kaduna refineries in June.Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele…
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By Teddy NwanunobiSeplat Petroleum Development Company (SPDC), a leading upstream oil company in Nigeria, has blamed the loss of N41.1 billion ($114.4 million) it suffered from its interest in OML 55 on “significant fall in oil…
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The price of petrol is set to increase by between R1 and 95 cents a litre as of Wednesday, the Department of Mineral Resources and Energy (DMRE) said.The price of 95 (ULP and LRP) will rise by R1 while the price of 93 (ULP and LRP)…
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The Managing Director of Banner Energy Limited, Mr. Nuhu Yakubu, has said his company has started converting petrol and diesel-powered vehicles to Autogas in Abuja.Yakubu disclosed this in a chat with THISDAY, explaining that the…
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By Teddy NwanunobiNigeria’s oil production from January to October 2020, according to the latest data from the Nigerian National Petroleum Corporation (NNPC), fell by 10.25 per cent, when compared to similar period in…
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