The Nigerian Midstream and Downstream Petroleum Authority (NMDPRA), has thrown its weight behind Nigeria’s first automated global-level natural gas commodities exchange platform, launched by the Natural Gas Commodity Exchange (NGCX) to stimulate the Liquified Natural Gas trade, and develop an…
By Seun Ibiyemi The Management of Ibadan Electricity Distribution Company (IBEDC) Plc is felicitating with Christians as they mark this year’s Easter celebration, charging them to demonstrate the Godly virtues of compassion, kindness and tolerance. While wishing all its customers…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has given operators of the Oil Mining Lease 42 (OML 42) two weeks ultimatum to resolve the Host Communities Development Trust (HCDT) issues. NUPRC said if the oil operators failed to comply with…
An initial sum of $50 million has been released by Nigeria Sovereign Investment Authority, NSIA, and Vitol (a multinational energy and commodities company), as a commitment to the kick-off of the carbon avoidance and removal initiative of the Nigerian Government…
After many years of persistent attacks on Trans Niger Pipeline (TNP) which transports an average of 180,000 barrels per day to Bonny Export Terminal, Belemaoil Producing Limited, operator of the NNPC/BPL OML 55, Joint Venture has revealed plan to begin…
Nigeria’s revenue from crude oil export increased by N337billion in March, hitting N1.8trillion, according to data obtained. This came as the country attained its crude oil production target of 1.6 million barrels per day in March, from 1.3 million barrels…
…Says Adeleke only trying to cover his obvious ineptitude Media aide to the immediate past Osun Governor, Adegboyega Oyetola, Mr. Ismail Omipidan, has described as wicked and untrue the claim by Governor Ademola Adeleke that Oyetola attempted selling off the…
Global shipbuilding giant, Samsung Heavy Industries Nigeria Limited (SHIN) and the largest operator of Floating, Production, Storage and Offloading vessel (FPSO) and flow stations in Sub-Saharan Africa, Century Group recently signed an agreement for the Front Production Storage and Offloading …
Nigeria’s crude oil production for March 2023, edged up to 1.6 million barrels per day(mbpd) which was the country’s target for the first quarter 2023, thereby contributing significantly to the 28.90 mbpd pumped by the Organization of the Petroleum Exporting…
11 Plc, a major Oil company in Nigeria has expanded its market scope by investing massively in Compressed Natural Gas (CNG) facilities. The facilities are being put in place to provide more alternatives to motorist and industries to power their…
