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There are indications that Organisation of Petroleum Exporting Countries (OPEC), and  its allies, especially Russia, will further cut oil supply by 500,000 barrels per day (bpd), a situation that would worsen economic realities in Nigeria.…
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Independent Petroleum Marketers Association of Nigeria, IPMAN, Enugu Depot branch, has called on the South-East governors and other Igbo leaders to intervene and engage the Federal Government on the urgent need to revitalise the long…
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Out of these eight producers, Akwa Ibom, Delta, Rivers and Bayelsa account for 80% of the crude oil produced. This article will discuss the contribution of each state and other interesting things about them. 1. Akwa Ibom State Akwa…
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Senate President, Ahmed Lawan has said, during a meeting with representatives of the International Monetary Fund (IMF) who visited him in Abuja, that atrategy has been planned, for the passage of the PIB, according to a statement by his…
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A Milan court has rejected a prosecution request to hear testimony from a former legal adviser of Eni who has accused the company of spying on judges, offering a boost to the Italian oil firm as it fights bribery allegations over a…
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Standard Chartered Bank’s Chief Africa Economist Razia Khan, yesterday advised the federal government to initiate reforms that would prevent the economy from external shocks in the event of a slump in crude oil price. Speaking at the…
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The positive intervention of the various agencies of the Federal Government for the resolution of the feud between Samsung Heavy Industries Nigeria Limited (SHIN) and LADOL, has boosted the confidence of Korean companies in Nigeria,…
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Minister of State for Petroleum Resources, H.E. Chief Timipre Sylva was part of the Nigerian delegation at the US-Nigeria Binational Commission Meeting held in Washington DC on February 3-4, 2020. DFC and the delegation To…
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The Nigerian Content Development and Monitoring Board (NCDMB) has organized a one-day sensitization workshop on Vendor Development Programme, with a view to enlightening vendors operating in the oil and gas industry on how to register and…
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  …Decries dipping of gas reserves since 2013 The Department of Petroleum Resources (DPR) has confirmed that a formal, special launch of the Nigerian Gas Transportation Network Code (NGTNC) is scheduled for Monday, February 10, 2020,…
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