Deep Water Oil rig

Revised PIB: Nigeria may lose 30% deepwater production by 2030

Adebayo Obajemu Oil and gas industry experts have argued that the fiscal terms in the current Petroleum Industry Bill, PIB, may result in Nigeria losing...

Sylva unveils strategy to strengthen oil & gas industry post-COVID-19 

Adebayo Obajemu The Minister of State for Petroleum Resources, Timipre Sylva, has spoken of the Federal Government’s plan to reposition and strengthen the nation’s oil...

Nigeria targets 12.5m jobs from enhanced gas utilization

BY EMEKA EJERE The National Autogas Scheme recently launched by President Mohammadu Buhari and deepening domestic utilisation of Liquefied Petroleum Gas (LPG), also known as...
25 km gas pipeline in Aba

Nigeria’s natural gas production rises to 47bscm

Adebayo Obajemu Statistics from the Organization of the Petroleum Exporting Countries, OPEC, have shown that Nigeria grew its natural gas production to 47 billion standard...

Hope rises for troubled PIB

…as it moves to second reading By ADEBAYO OBAJEMU Troubled from the beginning, beset by political interest and primordial sentiments, finally, the Petroleum Industry Bill, PIB,...

DPR outlines four cardinal focus for downstream operations

The Department of Petroleum Resources (DPR) says it has outlined four cardinal focus for downstream operations in its bid to continue to enable business...

Petrol subsidy removal will save Nigeria N1trn, create jobs annually -Sylva

The Federal Government’s decision to fully remove subsidy from petrol will save the country ₦1trillon annually and create massive jobs, Mr Timipre Sylva, the...
National Consultative Front

NCFront hits Buhari Regime over fuel price hike, says President is on vengeance mission...

... Condemns scapegoating of workers over dwindling revenue caused by COVID-19 OBINNA EZUGWU Nigeria's emergent citizens' movement, the National Consultative Front (NCFront) has said it is...

Filling stations to dispense gas in vehicles from September – FG

BY EMEKA EJERE The Ministry of Petroleum Resources has disclosed that filling stations will begin to dispense auto-gas into automobiles through selected filling stations across...