BY EMEKA EJERE The federal government is planning to begin oil exploration in the northeast, Minister of State for Petroleum Resources, Timipre Sylva, has revealed. Sylva,...
The Nigerian National Petroleum Corporation (NNPC), has said the total sale of petroleum products for the period November 2019 to November 2020 stood at 17.031 billion...
By ADEBAYO OBAJEMU The much expected dream of passing the Petroleum Industry Bill (PIB) into law, which had languished in the National Assembly for 15 years,...
Royal Dutch Shell dived into a net loss of $21.7 billion in 2020, the oil giant announced Thursday, as the coronavirus pandemic slashed global energy demand....
The average Nigeria’s oil output dropped Year-on-Year, YoY, by 15 per cent to 1.5 million barrels per day, mb/d (excluding condensate), in 2020, compared to 1.7mb/d...
BY EMEKA EJERE Asking oil companies to relocate to the Niger Delta without addressing the security concerns will only escalate Nigeria’s cost of crude oil production,...
BY EMEKA EJERE Seplat Petroleum Development Company Plc announced on Monday that the ANOH Gas Processing Company has successfully raised $260m in debt to fund completion...
BY EMEKA EJERE The Organsied Labour is pushing for a 40 per cent reduction in electricity tariffs, following September’s increase by the federal government. Labour is...
The Nigerian Content Development and Monitoring Board (NCDMB), the Nigerian National Petroleum Corporation (NNPC) and DSV Engineering on Friday signed the Final Investment Decision (FID) for...
