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*Welcome Cocktail Reception/Ice Breaker of the Nigeria International Petroleum Summit held Sunday at the Transcorp Hilton Hotel, Abuja The Honourable Minister of State for Petroleum Resources, Timipre Marlin Sylva in his welcome speech,…
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• As attacks on pipeline surge to 94 per cent The Nigerian National Petroleum Corporation (NNPC) has decried the rising spate of pipeline vandalism as the attacks on pipeline infrastructure increased by 94 per cent in one month. …
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The Nigerian National Petroleum Corporation said the daily average natural gas supply to gas-powered plants in November 2019 increased by 16.53 per cent to 645 mmscfd. The Corporation disclosed this in its Monthly Financial and…
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MRS Oil Nigeria has announced its unaudited financial statement for 2019, which shows that the downstream firm recorded a loss after tax of N1.1 billion during the period. The loss was caused by a 28 per cent fall in the company’s…
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The Ministry of Petroleum Resources is looking to attract more investments from the United States and strengthen cooperation in the energy sector. The Minister of State for Petroleum Resources, Chief Timipre Sylva, was part of the…
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Huawei is expected to launch its Digital Oilfield IOT Solution NIPS2020. Nigeria is one of the largest and oldest oil producers in Africa. The oil and gas sector is one of the most important sectors in the country’s economy, accounting for…
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The Ministry of Petroleum Resources is looking to attract more investments from the United States and strengthen cooperation in the energy sector. The Minister of State for Petroleum Resources, Chief Timipre Sylva, was part of the…
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Most of the major players in the downstream sector of the nation’s oil and gas sector saw their profits drop last year, according to official data collated by our correspondent on Wednesday. An analysis of the financial statements of…
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Most of the petroleum stations in Badagry communities have closed as the National Union of Petroleum and Natural Gas Workers of Nigeria (NUPENG) suspended distribution of fuel to the city. Mr Tayo Aboyeji, Chairman, South-West Chapter…
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With crude oil prices shedding over $11 per barrel this year to $55, thus alarming the producers, a panel set up by the Organisation of Petroleum Exporting Countries (OPEC) and its allies have recommended a provisional cut of 600,000…
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