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Oil and Gas

STRIKE NOTICE: Chevron Clarifies Sacked Workers 

Chevron Nigeria Limited (CNL), has cleared the air over a seeming misrepresentation of facts in the notice given to it by the Joint Executive Committee of CNL branches of Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and…

Ondo Partners Firm , Begins N5.5bn LPG Inland Terminal

The Ondo State Governor, Arakunrin Oluwarotimi Akeredolu, SAN, has performed the groundbreaking of the first privately owned Inland Terminal LPG Storage Facility in the country. The facility sited within the Ore Industrial Hub…

Nigeria’s  Gas Reserve Now 206.53tcf,  Says DPR

The Department of Petroleum Resources (DPR) says Nigeria's Proven Natural Gas Reserve is now 206.53 Trillion Cubic Feet (TCF) as at Jan. 1, 2021. According to a statement, Mr Sarki Auwalu, Director, DPR,  made the announcement…

Four Indigenous Firms Get Marginal Oil Field Licences

Indigenous oil firms, A.A. Rano, Shafa Exploration, Matrix Energy, and Vhelblerg Exploration were among oil companies awarded marginal oil field licence by the Department of Petroleum Resources, DPR, on Monday. The award came a…

FG To Commence New Marginal Oil Field By 2022

The Federal Government has said it is expecting most of the marginal fields, which investors bid for in the recently concluded bid round, will achieve first oil starting from next year. The Director/Chief Executive Officer,…