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The Group Managing Director of the NNPC, Mallam Mele Kayri led the top management staff of NNPC, to NASS, for a public hearing by the Senate Committee on Petroleum Downstream. Also with them was the Director/CEO DPR, Engr. Sarki Auwalu.…
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Depending on the length of time required to contain the spread, the outbreak of novel Coronavirus (nCoV) in China will create gas demand reduction of between 14 billion cubic meters, thereby crippling the commodity market in 2020. …
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Billionaire oil mogul, Abdulwasiu Olatunde Sowami, is hitting right the bull’s eyes. The self-effacing businessman has completed the head-to-toe makeover of Forte Oil Plc, his recently acquired energy company. On Tuesday, Forte Oil…
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Cost increases and uncertainty in Nigeria’s crucial energy sector could lead to a 35% decline in oil output over 10 years as companies delay investments in key oilfields, consultancy Wood Mackenzie said in new research due to be published…
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Following the increase in pipeline vandalism, crude oil theft and the consequent revenue loss for the country, environmental activist and former National Secretary, Ijaw Youth Council, Bristol-Alagbariya Emmanuel, has accused officials of…
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Seplat Petroleum Development Company Plc has said the Assa North-Ohaji South (ANOH) gas and condensate processing plant in Imo State slated to commence operations in 2021, will further boost power generation in Nigeria by over 1,200…
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Justice Mohammed Liman of the Federal High Court in Lagos yesterday ordered the remand of four directors of Petro Union Oil and Gas Limited in the custody of the Economic and Financial Crimes Commission (EFCC) over an alleged £2.6 billion…
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The Department of Petroleum Resources (DPR) will hold the Nigeria gas flare commercialisation programme (NGFCP) bidders’ conference on Monday in Lagos. According to the DPR’s Head, Public Affairs, Paul Osu, the bidders conference is…
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Having recognised a whooping budgetary allocation of N450 billion voted for under-recovery, otherwise known as subsidy for Premium Motor Spirit (PMS) in the 2020 budget, the Department of Petroleum Resources (DPR) has rolled out awareness…
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The Nigerian National Petroleum Corporation (NNPC) has announced the suspension of the Power Purchase Agreement (PPA) for the Ajaokuta-Kaduna-Kano gas pipeline project. Chief Operating Officer (COO) Gas and Power, Nigerian National…
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