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Oil and Gas

OPEC+ Set For A Three Month Output Rollover

Saudi Arabia and Russia will probably agree to extend their oil production cuts and postpone planned increases when they meet for talks with their OPEC+ partners at the end of November. For tactical reasons, both countries are…

Court Strikes Out Bayelsa State Suit On Soku Oilfield

The Supreme Court has struck out a suit filed by the Bayelsa state government over the disputed Soku oilfield belonging to Rivers State. The apex court said by seeking for it to make judicial pronouncement on a matter that the Court of…

A’Ibom Govt Officially Receives Liberty OGFTZ License

Akwa State Governor Udom Emmanuel has formally received the official gazette from the federal government signalling the approval for 50,000 hectares Liberty Oil and Gas Free Zone in the state. The Gazette of the approval was presented to…

NNPC Advocates Capacity Upgrade For Indigenous Operators

In order to achieve the target of reducing the cost of oil production in Nigeria on a sustainable basis, the Nigerian National Petroleum Corporation (NNPC) says indigenous companies operating in the nation’s oil and gas sector must upscale…