By Uthman Salami The Organisation of Petroleum Exporting Countries Fund for International Development, according to information from Morocco, is expected to finance $14.3 million for the second phase of the studies in the submarine Nigeria-Morocco gas pipeline project. A statement…
By Uthman Salami TotalEnergies has attributed the disruption of local communities as one of key reasons it is joining the other international oil companies to sell its stake in an onshore oil production joint venture in Nigeria. The planned divestment…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged government at all levels to intensify efforts to check the operations of illegal refineries in the country. IPMAN’s President, Mr Chinedu Okoronkwo, made the call in an interview with media…
The Federal Government has emphasised the need for Africa to establish an African Energy Bank (AEB) to address its peculiar energy related crisis. The Minister of State, Petroleum Resources, Chief Timipre Sylva, said this on Thursday in Abuja at the…
Some oil and gas experts have underscored the need for global collaboration, technology deployment and host communities engagements to curb oil theft in Nigeria. The experts spoke on Wednesday at a webinar organised by Nextier Consultants with the theme: “Protecting…
The Nigerian Content Development and Monitoring Board (NCDMB) says it has grown Nigerian content in the oil and gas sector to 42 per cent. Mr Simbi Wabote, Executive Secretary of NCDMB gave the update on Wednesday, while speaking at a…
Ikeja Electric Plc has begun offering customers the one-day metering initiative where they could complete their KYC and get metered in 24 hours. The initiative which is being done in partnership with MOJEC International Ltd. commenced on Tuesday at the…
The Technical Adviser, Gas Business and Policy Implementation to the Minister of State for Petroleum Resources, Mr Justice Derefaka has stressed the need for training and retraining of oil and gas professionals in the country. Derefaka said this is the…
Femadec Group in partnership with the Federal Government, will on May 5 begin the deployment of compressed natural gas-powered mass transit buses in Abuja, the nation’s capital. Mr Fola Akinnola said the move was part of the actualisation of the…
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) said it would ensure that issues of casualisation in the oil and gas industry are reduced to the barest minimum. PENGASSAN’s President, Mr Festus Osifo, made this known at…
