World LNG Demand to Plummet First Time in 8 Years
-By Fred Ojiegbe
The world liquefied natural gas, LNG industry is about to face its first seasonal demand reduction since 2012, with demand in summer 2020 expected to fall 2.7 percent or 3 million tonnes year-on-year, Wood Mackenzie!-->!-->!-->…
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Fears As Another Pandemic Looms In China
China is becoming the world's center of attention as all manner of viral diseases finds their root from there. The corona virus that emanated from China which the world is still battling with seems not to be enough for China.
It will!-->!-->!-->…
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Publication of NNPC’s Audited Accounts Signals Openness
-By Benjamin Ike
Prior to the advent of the current administration in 2015, the level of secrecy associated with the operations of the Nigerian National Petroleum Corporation (NNPC) presumably encouraged high corruption, performance!-->!-->!-->…
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Intrigues as FG Finally Deregulates Petroleum Sector
-By Gideon Osaka
The news of deregulating Nigeria’s petroleum sector and completely removing fuel subsidy has been greeted by mixed reactions especially from stakeholders in the industry.
Stakeholders believe that the deregulation of!-->!-->!-->!-->!-->…
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PIGB: Stakeholders in Cautious Optimism
-By Fred Ojiegbe
There is much anxiety and cautious optimism over the passage of the much-awaited petroleum industry governance bill (PIGB) as the month of June comes to an end.
This is based on promises made by government officials!-->!-->!-->!-->!-->…
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Global Upstream Investments Set for 15-year Low in 2020
-By Fred Ojiegbe
Global upstream spending is expected to reach $383 billion this year, the lowest level in 15 years and a staggering 29 percent decrease of $156 billion compared to 2019, Rystad Energy analysis shows following!-->!-->!-->…
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Give Nigerians Meters Before Tariff Hike -Senate Tells DisCos
Senate President, Ahmad Lawan has urged electricity distribution companies (DisCos) to install functional meters for their customers before planning any tariff increase.
Lawan spoke on Tuesday after he and House of Representatives!-->!-->!-->…
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NNPC Sets 24-month Completion Date for 614km AKK Project
The Nigerian National Petroleum Corporation said Monday that the 40-inch x 614km Ajaokuta-Kaduna-Kano (AKK) gas pipeline project will be completed in 24 months.
The project is a section of the Trans-Nigeria Gas Pipeline (TNGP) with!-->!-->!-->…
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Buhari Says Delivery of AKK Project is Part of Next Level Agenda
…Commends Corporation, Stakeholders for Embarking on Project Despite COVID-19 Pandemic
President Muhammadu Buhari has said that delivery of the 614km Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline project is part of his Administration’s Next!-->!-->!-->…
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Rangers Itn’l FC Acquire New Buses For FIFA Invitational, Others
Management of seven-time Nigeria league champions, Rangers International FC ably led by Prince Davidson Owumi has acquired two new buses preparatory to the hosting of the FIFA Post-Covid-19 Intercontinental Tournament and other!-->…
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