The Organised Private Sector of Nigeria (OPSN) has urged Federal Government to take steps to address possible socio-economic issues arising from the proposed the removal of fuel subsidy. The Chairman, OPSN, Mr Taiwo Adeniyi, made this known at a news…
The Nigerian Content Development and Monitoring Board (NCDMB) has said the media is critical to promoting the development of Nigerian content in the oil and gas industry. The General Manager, Corporate Communications and Zonal Coordination Division, NCDMB, Dr Ginah Ginah…
Nigeria’s oil production has rebounded in November, rising by 100,000 barrels a day bpd to 1.49 million bpd, after witnessing disruptions in October. Nigeria continued to pump below its quota, to the tune of 160,000 bpd, according to the Argus…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that after the successful stoppage of the Oil spill at Nembe in Bayelsa State, the Commission would begin Post Impact Assessment (PIA). This development was contained in a statement signed by…
The Minister of State for Petroleum Resources, Timipre Sylva has said Nigeria has the capacity to become the highest producer of petrochemicals in the world. This, according to him, is possible with the implementation of the Decade of Gas Development…
Nigeria has regained the top spot among crude oil producing countries in Africa with the nation’s crude oil production averaging 1.27 million barrels per day in November. The Organisation of the Petroleum Exporting Countries (OPEC) made this known in its…
…As stakeholders, experts charge FG to pursue diversification to avert harshest economic impact Abimbola Abatta, Uthman Salami and Ogaga Ariemu Amid growing concerns over the Omicron variant of COVID-19, the Organisation of the Petroleum Exporting Countries (OPEC) has said crude…
The Managing Director, Shell Nigeria Gas & President Nigerian Gas Association, Ed Ubong has called for urgent strategy to grow Nigeria’s capacity in the gas sub-sector. This, according to him, would ensure that gas is used to spur industrial development…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has assured residents of Lagos State of petroleum products availability during the Yuletide. Mr Ayorinde Cardoso, Zonal Operations Controller, NMDPRA, Lagos, gave the assurance in an interview on Monday in Lagos.…
The Governor of Oyo State, Mr Seyi Makinde, has performed the groundbreaking for the construction of 11 megawatts Hybrid Power Solution in a bid to address the unstable power supply in the state. Makinde, performing the ceremony within the state…
