Scarcity Looms As NUPENG Tells Rivers Members to Shut Down
The Nigerian Union of Petroleum and Natural Gas Workers has directed its members to stop the distribution of fuel to any part of Rivers State.
Also the Independent Marketers Association of Nigeria, it was gathered, instructed its!-->!-->!-->…
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Revised PIGB to be presented to N/Assembly this week
Minister of State for Petroleum, Timipre Sylva has said the revised edition of the petroleum industry governance bill, PIGB will be presented to the National Assembly this week.
The law governing Nigeria’s oil and gas sector is yet to!-->!-->!-->…
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Coronavirus may be the straw that breaks the back of oil fracking
Consumers have some good news at the service station. Prices at the pump for gasoline and diesel are down about 6% since the beginning of the year. For that they can thank the coronavirus (now called Covid-19) outbreak—although it comes at!-->…
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Nigerians hail NNPC’s Recruitment Transparency
-By Saidu Abubakar
Nigerians, especially the youth, continue to pour encomiums on the Nigerian National Petroleum Corporation (NNPC), over the level of transparency that characterised the corporation's 2019/2020 recruitment exercise!-->!-->!-->…
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PhotoSpeak: Kyari leads NNPC team to NASS
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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‘Coronavirus may cripple global gas, LNG demand by 14 billion cm’
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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Oil tycoon, Abdulwasiu Sowami takes giant leaps
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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Nigeria’s oil production could drop by 35% without reforms – Wood Mackenzie
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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‘NNPC Officials, Military, Politicians Responsible for Crude Oil Theft’
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’s ANOH gas project to increase Nigeria’s power output by 1,200MW
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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