The Nigerian military had called for expanded collaboration and support from the public to help in the operation against oil theft in the Niger Delta region. The Chief of Defence Staff, General Lucky Irabor, who leads the operations, pleaded with…
The Society of Petroleum Engineers (SPE) and Nigerian Content Development and Monitoring Board (NCDMB) have commended Dangote Petroleum Refinery for its application of world-class technology in the construction of the 650,000BPD refinery project. This is contained in statement by Mrs…
By Uthman Salami The energy group, Eni said during the week that it had lifted a force majeure on gas exports from Nigeria’s Okaka in Bayelsa state after repairing a vandalised pipeline. Eni declared force majeure on April 6 after…
The Coleman Cable and Wires, has the capacity to solve the problem of incessant collapse of the nation’s national grid with the investment of 30 billion in the production of gap cables in the country. The Managing Director/CEO of Coleman,…
The Federal Government is going to complete the multi-billion-dollar Brass Liquefied Natural Gas project that has been abandoned over 17 years ago, the Minister of State for Petroleum Resources, Chief Timipre Sylva, has said. Sylva also stated that the government…
The World Bank says increasing fuel subsidy puts the Nigerian economy at a high risk as subsidy payments could significantly impact public finance and pose debt sustainability concerns. The Washington-based lender said this in a new biannual report known as…
U.S. oil drillers are pumping more crude as international prices remain elevated amid supply uncertainty and demand strength. Per industry experts, continuing supply chain disruptions and labour shortages are being trumped by optimism about demand, and analysts are revising their…
The Senate has confirmed President Muhammadu Buhari’s four nominees as Executive Commissioners of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). This is coming a few weeks after the president, in written communication, asked the Senate to confirm the Executive Commissioners…
By Uthman Salami There is a serious need for Nigeria to upgrade its power infrastructure, especially for transmission and distribution, using a strategic mix of grid and mini-grid systems. The nation needs an additional $410 billion above business-as-usual investment to…
The North-Central office of the Nigerian Export Promotion Council (NEPC) has organised a sensitisation workshop for exporters in Plateau on ways to position non -oil products to compete favourably in the African Continental Free Trade Area (AfCFTA). The one-day workshop…
