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Oil and Gas
Gov Diri Warns Fuel Marketers Against Hoarding, Price Hike In Bayelsa
Bayelsa State Governor, Senator Douye Diri, on Tuesday directed oil marketers in the state against hoarding and raising the price of premium motor spirit (PMS) otherwise known as petrol.
Senator Diri, in a statement issued by his Chief…
Buhari Flags Off Resumption Of Oil Exploration Activities In Chad Basin
President Muhammadu Buhari Tuesday in Abuja flagged off the resumption of physical activities towards the exploration of crude oil and gas in the Chad Basin area, expressing his belief that the successes recorded in the Kolmani River 2 and…
CRUDE OIL THEFT : NNPCL, Tantita Security Arrest Six In Delta, Destroy Barge,Uncover Illegal Jetty
In its ongoing fight against crude oil theft in the country, the Nigerian National Petroleum Company Limited (NNPCL and its partners, Tantita Security Services over the weekend arrested six oil vandals and seized a barge laden with 700…
Elumelu, Dangote Express Optimism Over Future Of NNPC Limited
President of Dangote Group, Aliko Dangote and the CEO of Heirs Holdings, Tony Elumelu have both expressed confidence in NNPC Limited's huge capacity to position itself as Africa's biggest energy company.
The two leading industrialists…
Gov. Abiodun Inaugurates 150million Standard Cubic Feet Natural Gas Facility In Ogun
The Ogun State governor, Dapo Abiodun says 150 Million Standard Cubic Feet Ibefun Natural Gas City Gate will support, drive and complement the state's gas mobility project through which the gas powered mass transit vehicle scheme will be …
DNV Predicts 50% Oil Demand Reduction by 2050
DNV has predicted that oil usage will halve by 2050, with high-efficiency electric cars and trucks cutting deeply into demand for petroleum, In its latest decarbonization outlook, class society .
According to DNV CEO Remi Eriksen,, …
Ajaokuta-Kaduna-Kano Gas Pipeline Project Nears 70% Completion – NNPCL
The Nigerian National Petroleum Corporation Limited (NNPCL) Group CEO Mallam Mele Kyari, on an inspection tour of one of the #AKKGasPipeline project sites in Ahoko, Kogi State said the project is almost at 70% completion,with over $1.1bn…
FG Approves Amendment Of 2022/2023 Deep Offshore Oil Block Mini Bid Round Schedule
In a bid to boost confidence in the transparency and continuity of the 2022/2023 Deep Offshore Oil block Mini-bid Round process, President Muhammadu Buhari has approved the amendment of the bid round calendar to accommodate the concerns…
Buhari Declares Oil Exploration Activities In Nasarawa State
President Muhammadu Buhari on Tuesday , declared that the discovery and drilling of oil in Nasarawa State will lead to greater prosperity for Nigerians as well as enhance overall energy security for the country.
In his virtual message to…
Imo State Commences Reconstruction Of 2 Major Roads In Oil Producing Communities
The Imo State Governor Hope Uzodimma has commenced the reconstruction of Etekwuru Egbema-Adapalm-Obosima road and the failed section of the Umuagwo and Umuapu - Port Harcourt roads.
The road projects which are being executed through the…