LESS than a month after the unveiling of NNPC Ltd by President Muhammadu Buhari, NNPCL is excited to announce […]
RCategory: Oil & Gas
NNPC Ltd launches crude theft monitoring applications
THE Nigerian National Petroleum Company Limited (NNPC Ltd.) on Friday launched ‘Crude Theft Monitoring Applications’ to curb oil theft and […]
NLNG Launches Phase 2 of GMoU in Rivers State
NIGERIA LNG Limited (NLNG) on Thursday in Port Harcourt launched the second phase of Global Memoranda of Understanding (GMoU) for […]
Mobil $1.3bn assets: We are not yet notified of approval reversal – Seplat
SEPLAT Energy, a leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, yesterday, said that […]
NLNG refutes crude oil theft allegation, calls for immediate retraction, apology
By Anthony Isibor. THE Nigeria Liquefied Natural Gas, NLNG, Limited has described as false and malicious, a Vanguard online publication […]
SEPLAT Energy reacts to withdrawal of ministerial approval to sale of Mobil
SEPLAT Energy has acknowledged report of news report “claiming that Ministerial Approval of the Company’s proposed acquisition of the entire share capital […]
OPEC daily basket price stood a $101.29 a barrel Wednesday
THE price of OPEC basket of 13 crudes stood at $101.29 a barrel on Wednesday, August 10, 2022, compared with $100.92 […]
PMS customers decry under dispensing by filling stations
SOME users of Premium Motor Spirit (PMS), also known as petrol, have raised alarm over the level of non-compliance of […]
OPEC daily basket price stood at $100.92 a barrel Tuesday
THE price of OPEC basket of 13 crudes stood at $100.92 a barrel on Tuesday, August 9, 2022, compared with $100.78 […]
Groebner President and CEO Carissa Skorczewski expresses ‘pride’ in rare distinction among male-dominated energy sector
GROEBNER, a manufacturers’ representative and distribution company serving the natural gas industry, has been named a Women’s Business Enterprise, WBE, by […]
Presidency, NUPRC fracas puts $1.28bn Seplat, ExxonMobil deal in Limbo
THERE is a brewing commotion over a deal in oil assets stakes transfer by ExxonMobil Limited to Seplat Energy Limited, […]
OPEC daily basket price stood at $100.78 a barrel Monday
THE price of OPEC basket of 13 crudes stood at $100.78 a barrel on Monday, August 8, 2022, compared with $100.01 […]
Chevron way of delivering sustainable development
By Anthony Isibor. DESPITE the outbreak of coronavirus in 2020, which crippled economic activities globally, some organizations still remembered to […]
Status quo remains in share sale by ExxonMobil to Seplat energy -NUPRC
THE Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has affirmed that status quo remains in respect to ExxonMobil/Seplat Energy share acquisition. […]
Oil theft: Nigeria loses 400,000 barrels daily – Sylva
THE Minister of State for Petroleum Resources, Dr Timipre Sylva, has said that the country loses 400,000 barrels of crude […]
President Buhari approves SEPLAT Energy’s acquisition of Mobil Producing Nigeria Unlimited
…receives minister’s consent letter for proposed cash acquisition SEPLAT Energy Plc, a Nigerian energy company listed on the Nigerian Exchange […]
Buhari consents to indigenous company’s acquisition of Mobil Producing Nigeria Unlimited
MINISTER of Petroleum Resources, President Muhammadu Buhari has consented to the acquisition of Mobil Producing Nigeria Unlimited by Seplat Energy […]
Exciting moment for writers as NLNG hosts long list of 11 to CORA book party
By Anthony Isibor. IT was an atmosphere of celebration and beauty at the Shell Hall of the Muson Centre in […]
OPEC daily basket price stood at $100.01 a barrel Friday
THE price of OPEC basket of 13 crudes stood at $100.01 a barrel on Friday, August 5, 2022, compared with $101.19 […]
NUPRC adopts new approach in acreage management, lease administration
THE Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it will adopt new approach in the administration of licences and leases, […]
OPEC daily basket price stood at $101.19 a barrel Thursday
THE price of OPEC basket of 13 crudes stood at $101.19 a barrel on Thursday, August 4, 2022, compared with $104.17 […]
NMDPRA to fast-track issuance of reviewed petroleum regulations – Official
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it is working to ensure issuance of midstream and downstream […]
NARTO allays concerns over fresh petrol scarcity in Abuja
THe Nigerian Association of Road Transport Owners (NARTO), has allayed fears of fresh scarcity of Premium Motor Spirit (PMS), also […]
Diesel, aviation fuel users lament hike in prices of products, warn of consequences
By Benprince Ezeh THE high cost of diesel or Automotive Gas Oil, AGO, may have stirred up another big challenge […]
Shell shuts floating crude oil storage facility over water leakage
A Shell Floating Production Storage and Offloading (FPSO) vessel operating off Bayelsa coastline, has been shut down due water leakage, […]
OPEC daily basket price stood at $104.86 a barrel Tuesday
THE price of OPEC basket of 13 crudes stood at $104.86 a barrel on Tuesday, August 2, 2022, compared with $106.80 […]
Ikike field will help Nigeria bridge production gap – TotalEnergies
TOTALEnergies on Wednesday said the commencement of production from its Ikike field would help to bridge Nigeria’s oil production gap […]
Huge investment opportunities in Nigeria’s energy transition abound – Seplat
SEPLAT Energy Plc on Wednesday said there were huge business opportunities for investors in Nigeria’s transition to cleaner sources of […]
NCDMB commends Total Energies for revamping GTC PH
…sets 60% of HCD budget for institutional upgrade THE Nigerian Content Development and Monitoring Board (NCDMB) has commended TotalEnergies Exploration […]
OPEC+ may raise oil output so market doesn’t overheat, Kazakhstan says
OPEC+ may have to raise oil production to avoid market overheating, OPEC+ member Kazakhstan said on Wednesday. It said that, […]
Cooking gas: Experts urge FG to halt increase, leverage domestic potential
SOME Oil and Gas experts have advised the Federal Government to fully leverage on our domestic potential to end the […]
FG reiterates commitment to energy self-sufficiency by 2026
THE Federal Government on Tuesday reiterated its commitment to achieving self-sufficiency and net exporter of energy resources by 2026. Mr […]
OPEC daily basket price stood at $110.90 a barrel Friday
THE price of OPEC basket of 13 crudes stood at $110.90 a barrel on Friday, July 29, 2022, compared with $110.84 […]
NCDMB, SPE To Deepen Partnership On Local Content
The Nigerian Content Development and Monitoring Board (NCDMB) has promised to deepen its collaboration with the Society of Petroleum Engineers […]
Transform Nigeria to Energy Hub of Africa – Heritage Energy
MR Ado Oseragbaje, Chief Executive Officer, (CEO), Heritage Energy Operational Services Limited (HEOSL), has called on Federal Government to use […]
Sylva seeks deployment of technologies to make fossil fuel cleaner
CHIEF Timipre Sylva, Minister of State for Petroleum Resources, has called for the deployment of available technologies to make fossil […]