Zenith Energy submits bid in Nigeria’s 2020 Marginal Field Round
Zenith Energy, the listed international oil & gas production company focused on pursuing African development opportunities, has submitted a technical and commercial bid with the Nigerian Department of Petroleum Resources (‘DPR’) for a!-->…
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Bayelsa community youths shut SPDC’s Clough Creek Flow Station
Youths of Agbidiama community in the Ekeremor Local Government Area of Bayelsa State, on Thursday, protested against the Shell Petroleum Development Company of Nigeria (SPDC), disrupting oil production activities at the company’s flow!-->…
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Only The Rich Will Use Petrol Cars in 2022 – DPR Director
Engr Sarki Auwalu, Director of the Department of Petroleum Resources (DPR), says that the federal government is committed to ensuring, in the next few years, that most vehicles in Nigeria are fuelled by autogas.During the oversight!-->!-->!-->…
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DisCos: Schneider Electric launches self-healing grid solutions to boost power efficiency
Schneider Electric, a leading digital transformation, energy management and automation giant, has launched new intelligent equipment to achieve a self-healing grid and ensure efficient use of power in Nigeria.The Head of Offer,!-->!-->!-->…
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ADM Energy submits formal bid in Nigeria’s 2020 Marginal Field Round
Further to the announcement of 3 August 2020, ADM Energy has announced that it has formally submitted a bid with the Nigerian Department of Petroleum Resources (‘DPR’) for a marginal field in the 2020 Marginal Field Bid Round.A total!-->!-->!-->…
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Shell producing 514,000 bopd in Nigeria
Oil major, Shell Petroleum Development Company (SPDC) says it has grown its oil output to an average of 514,000 barrels per day (bpd).The company has also developed more capacity to produce more, the Chairman of Shell Companies in!-->!-->!-->…
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Cheaper fuel drive: IPMAN moves to access CBN’s N250bn CNG fund
…backs FG on downstream deregulation
…says PEF money is marketers’ money
…denies protest against NNPC GMDThe Independent Petroleum Marketers Association of Nigeria (IPMAN) is set to receive N250 billion fund to finance!-->!-->!-->!-->!-->!-->!-->…
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NNPC Records ₦20.36billion Trading Surplus in July
The Nigerian National Petroleum Corporation (NNPC) has recorded an increased trading surplus of ₦20.36billion in July 2020 compared to the ₦2.12billion surplus in June 2020 in its operations,Dr. Kennie Obateru, Group General Manager, Group!-->…
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Nigeria Must Strengthen Local Content To Achieve Economic Growth – Lawan
President of the Senate, Ahmad Lawan, has said for Nigeria to experience exponential growth in the economy, efforts must be made to strengthen the country’s local content capacities particularly against the backdrop of realities that are!-->…
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Collapsed Infrastructure, Others Blamed For Nigeria’s Power Sector Loss Of N365bn In 6 Months
Nigeria’s power sector has recorded losses amounting to N365 billion in the first half of 2020, H1’20, attributable to insufficient gas supply, distribution and transmission infrastructure.This represents 23% increase!-->!-->!-->…
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