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Nigeria LNG Limited (NLNG) today donated medical equipment to the Lagos State Government as part of its contribution to the US$30 million Oil and Gas Industry Collaborative Initiative, spearheaded by Nigerian National Petroleum Corporation…
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The Nigerian National Petroleum Corporation (NNPC) says it is exploring for oil and gas in Wase and Kanam Local government areas of Plateau state. The NNPC said the two local government area which part of upper middle Benue Trough has oil…
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The Department of Petroleum Resources (DPR), is Nigeria’s oil industry regulator with primary responsibility of ensuring compliance in petroleum regulation guidelines. Recently, the Director of DPR, Engr. Sarki Auwalu, made a…
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…Petroleum to remain relevant in the next 30 to 40 years …Nigeria has highest personnel cost in the oil industry …There will be massive investment in gas in 2020 The Nigerian National Petroleum Corporation (NNPC) has the highest…
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…Business continuity requires cost efficiency for Survival …Gas will unlock the industry …Non passage of PIB resulted to low investments in the sector Shell Nigeria Exploration and Production Company (SNEPCo) is one the…
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…Awarded EPC contract for Train 7 …Train 7 to add to capacity from 22 to 30million tons …Asset base now $11billion and has delivered more than $110million revenue with half a million dollars dividends to shareholders …Company…
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Nigeria is bridging all gaps in fulfilment of its pledge to cut production in alignment with the OPEC+ pact, as production falls by 185, 000 barrels per day. The country’s crude oil production plunged by 185,000 barrels per day to 1.59…
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Oil traders have flagged the start of hurricane season as a potential headwind for crude oil prices. Crude oil prices finished with a weekly gain of about 10% on Friday, as the sudden drop in U.S. production output of crude oil, along…
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The Governor of Kaduna Sate, Nasir El-Rufai, has lauded the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, stating that he is the “game changer” needed to move the corporation forward in terms of…
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The Nigerian National Petroleum Corporation (NNPC) says its target to grow the nation’s reserve to 40 billion barrels by the year 2023. This was disclosed by Malam Mele Kyari, Group Managing Director, NNPC. He spoke during the…
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