FX Scarcity Casts Shadow over FG’s Deregulation
-By Gideon OsakaIn November last year when the Minister of State for Petroleum Resources, Mr. Timipre Sylva declared that a subsidy element was still being retained in the pricing of premium motor spirit (PMS) or petrol, analysts!-->!-->!-->…
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Umar Isa Ajiya: Chief Financial Officer, NNPC
-By Danlami Nasir Isah
Umar Ajiya holds a B.Sc Accounting from Ahmadu Bello University Zaria, Nigeria in 1987 and MBA from the Lagos State University, Nigeria in 1998. Ajiya has about 30 years’ experience in oil and gas sector.He!-->!-->!-->!-->!-->…
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F.R.A. Marinho: Tribute to Father of Nigeria’s Oil and Gas Industry
-By Gideon OsakaThe oil and gas industry was again thrown into a state of shock on Tuesday January 19, 2021 following the announcement of the death of Chief Festus Remi Ayodele Marinho, the first Group Managing Director (GMD) of the!-->!-->!-->…
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Oredo Gas Plant: Domestic Cooking Gas Supply to Hit 70%
...Importation set to drop as price crash looms
-By Eddy Ochigbo & Gideon OsakaLiquefied Petroleum Gas (LPG) also called cooking gas, is set to be flooded to the domestic market with an additional 240,000 metric tons per annum!-->!-->!-->!-->!-->…
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Nigeria to use Oil, Gas Income to Spur Economic Growth — Buhari
-By Fred Ojiegbe
Oil and gas revenue will continue to be the fulcrum for economic development of the country, President Muhammadu Buhari has stated.The President stated this at the virtual inauguration of the National Oil and Gas!-->!-->!-->!-->!-->…
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NCDMB’s Youth Empowerment Programme in Kano
The Nigerian Content Development and Monitoring Board (NCDMB), is intending to make Kano a hub and center for media activities, to project and promote ongoing youths empowerment programmes, initiated by the Board in the North-west!-->…
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Global Oil and Gas Security Market Growth to reach $32.5bn in 2025…Report
-By Fred OjiegbeAs security in the oil and gas industry continues to raise concerns among stakeholders, Dublin, Ireland – based Research and Markets reports that the global oil and gas security and service market size is expected to!-->!-->!-->…
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IEA Cautions Companies, Governments on Energy Demand and Emissions
-By Fred Ojiegbe
The International Energy Agency, IEA, has urged oil companies and policy makers to take strong action against a rebound in methane emissions as the global economy recovers from the Covid-19 crisis.Emissions of the!-->!-->!-->!-->!-->…
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Harnessing the Abundant Gas Potentials in Nigeria
-By Gideon Osaka
Nigeria’s oil and gas sector remains the livewire of the country’s economy as it still operates a mono-economy while making efforts to diversify.In addition, Nigeria stands as the world’s 10th largest gas reserves!-->!-->!-->!-->!-->…
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Nigeria’s Rig Count Declines Slightly, as OPEC Records a Huge Shortage
-By Gideon OsakaDecember 2020, the last month of the year was not pleasant for many oil producing nations, as Nigeria had minus one in its rig count, having recorded seven, as against eight recorded in November, while the Organisation!-->!-->!-->…
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