Concerns Heighten over Domestic Gas Pricing
…as FG raises committee to resolve issue
-By Gideon Osaka
The recent spike in the exchange rate of the Naira to the dollar induced by the corona virus pandemic and ongoing reforms in Nigeria’s power sector are among factors that are!-->!-->!-->!-->!-->…
Read More...
Read More...
NCDMB Tower Shines, Glimmer of Hope for Niger Delta Infrastructure
…As IOCs urged to return
-By Gideon Osaka
The Niger Delta region over the year has become a geographical location famous for persistent agitations by the people over the perceived neglect of the region amidst abject poverty,!-->!-->!-->!-->!-->…
Read More...
Read More...
Pengassan honours PEFMB at its 6th triennial Conference
The Executive Secretary of PEFMB, Ahmed Bobboi (right) receiving the award from NUPENG National president, Comrade (Prince) Williams Akporegha. In the middle is PENGASSAN president.
Read More...
Read More...
AKK Gas Pipeline: Game-changer for North’s Industrialisation?
-By Gideon Osaka
Aside from being a critical midstream infrastructure, the Ajaokuta-Kaduna-Kano (AKK) gas pipeline commissioned recently by President Muhammadu is set to be a key enabler to the development of industries in the north.
!-->!-->!-->!-->!-->…
Read More...
Read More...
OPEC+ Moves to Maintain Production Cuts as Oil Recovery Slows
-By Fred Ojiegbe
The Organisation of Petroleum Exporting Countries plus, OPEC+ appears to be sticking closely to its planned oil-production cuts to guard against the market recovery being undermined by a resurgence of the coronavirus.
!-->!-->!-->!-->…
Read More...
Read More...
Kyari Lists Parametres to Sustainable Growth in Nigerian Petroleum Industry
-By Fred Ojiegbe
For the Nigerian Petroleum Industry to move forward in the face of the COVID-19 pandemic, the Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Mallam Mele Kyari has urged the Industry stakeholders!-->!-->!-->…
Read More...
Read More...
Host Communities, Operators Spar over Location of Lagos Tank Farms
-By Gideon Osaka
There seems to be no end in sight to the menace of environmental degradation in Apapa, Kirikiri, Satellite town and Ijegun areas of Lagos, as host communities and operators continue to dispute over location of tank!-->!-->!-->…
Read More...
Read More...
COVID-19: How Oil and Gas Firms Lost N84bn Revenue
-By Gideon Osaka
Revenues of some of the key oil and gas companies in Nigeria as quoted on the Nigerian Stock Exchange fell by about 38% in the second quarter of 2020.
This translates to estimated loss of N84.7 billion from their!-->!-->!-->!-->!-->…
Read More...
Read More...
Oil Demand Expected to Increase in 2022
-By Fred Ojiegbe
Global oil demand won’t return to 2019 levels until at least 2022 and the gap may be getting wider than it seemed a month ago, world major energy forecasters said.
All three of the world’s main oil forecasting!-->!-->!-->!-->!-->…
Read More...
Read More...
Electricity: Buhari Stops Estimated Billing
...Directs nationwide mass metering
...NERC committed to protecting customers
President Muhammadu Buhari has directed that there should be a nationwide mass metering programme in an effort by the Federal Government to put a stop to!-->!-->!-->!-->!-->…
Read More...
Read More...

