PHOTO NEWS:
The Federal Government Committee on Domestic Gas Price Framework Review has presented its final report to the Hon. Minister of State for Petroleum Resources (HMSPR) H.E Timipre Sylva.In attendance at the occasion were the Permanent!-->!-->!-->…
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Executive Secretary, NCDMB Hails Outgoing OGTAN President
The Executive Secretary Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has commended the outgoing President of the Oil and Gas Trainers Association of Nigeria (OGTAN), Dr Mayowa Afe for bringing!-->…
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Nigerian marginal fields bid round advances
The Department of Petroleum Resources (DPR), Nigeria’s regulatory agency for the hydrocarbon industry, has distributed the third letter in the series of correspondences it has been sending to, apparently, the 161 companies selected as!-->…
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DPR Reviews 5 Terms in Gas Production Sharing Contracts
The Department of Petroleum Resources (DPR) says it has reviewed five terms for gas development under the Production Sharing Contracts (PSC) in the Country.Mr Sarki Auwalu, the Chief Executive Officer, said this during a Public hearing!-->!-->!-->…
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Clear Fiscal Framework Will Enhance Gas Development – Kyari
The Nigerian National Petroleum Corporation (NNPC) has called for a legislative framework with clear fiscal terms in order to tap the full potential of the gas resources in the nation’s deepwater acreages.The Group Managing Director of!-->!-->!-->…
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Terrorist attacks on Saudi’s oil station pushes oil prices past $70/barrel
-By Teddy NwanunobiFollowing reports of terrorist attacks on Saudi Arabia’s facilities, oil prices jumped past the $70 a barrel price level, at the first trading session of the week for the first time since the worst pandemic in human!-->!-->!-->…
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NNPC incurs N966bn expenses on pipeline repair, product loss in 5 years
The Nigerian National Petroleum Corporation has put money spent on pipeline repairs within the space of five years, including money lost as a result of product loss at N966 billion.The explanation came in response to the query raised!-->!-->!-->…
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THE OLOIBIRI LECTURE:
Events Manager, SPE Nigeria Council, Udochukwu Akunna; Chairman, Olatunji Akinwunmi and Vice Chairman, Olalekan Olafuyi at the press conference On Way Forward for the Oil & Gas Industry Post COVID-19 preceding annual SPE Nigeria!-->!-->!-->…
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15 teams emerge regional semi-finalists in Nigerian Content STIC
Fifteen teams have emerged as regional semi-finalists in the first Nigerian Content Science and Technology Innovation Challenge, STIC, which was opened to all higher institutions in Nigeria in November 2020.The competition is sponsored!-->!-->!-->…
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Oil prices climb as OPEC+ extends output cuts into April
Oil prices rose more than 1% on Friday, extending gains from the previous session, after OPEC and its allies agreed not to increase supply in April as they await a more substantial recovery in demand amid the coronavirus pandemic.Brent!-->!-->!-->…
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