Country Chair, Shell Companies In Nigeria (SCiN), Mr. Osagie Okunbor, has announced approval of $800 million contracts representing 100 per cent of its contracts to Nigerian companies in 2020. Okunbor made the announcement during a panel session at the Association…
The Forum of Ogoni Oil and Gas Host Communities in Rivers State has promised to resist any attempt by the Federal Government to force the Nigerian Petroleum Development Company (NPDC) to resume oil exploration in the area. The President of…
…As Nigeria, others reject US appeal to raise oil supply By Uthman Salami Though the increase in OPEC’s oil output in October fell short of the rise planned under a deal with allies, the Organization of the Petroleum Exporting Countries…
The Nigerian Liquefied Natural Gas, NLNG, said it will sustain its intervention in critical sectors of the economy especially in infrastructure support initiative to help boost the economy. This was the submission made by Philip Mshelbila, Managing Director/CEO, Nigeria LNG…
Indigenous service companies in the Nigerian Oil and Gas Industry have been advised to invest in asset ownership because it is a major yardstick used by the Nigerian Oil and Gas Industry Content Development (NOGICD) Acttodefine Nigerian companies and confer…
The 650,000bpd Dangote Petroleum Refinery, Nigerian National Petroleum Corporation (NNPC) as well as other modular refineries are expected to be the major drivers of Nigeria’s demand for petroleum products, which is projected to grow massively in the nearest future. Speaking…
…Pays $0.025 dividend for Q3 Seplat Energy Plc (“Seplat Energy” or “the Company”), a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, has reported a nine month (Q3) 2021 revenue of N182.7bn,…
The President of the Nigerian Association of Petroleum Explorationists (NAPE), Mrs. Patricia Ochogbu has implored oil exploration and production companies to brace up for the opportunities and challenges in the new era created by the birth of Petroleum Industry Act in the…
Nigeria’s oil major, subsidiary, Shell Production Development Company, (SPDC), has declared force majeure on Bonny Light crude oil loadings beginning from Monday, after the shutdown of a key pipeline. “SPDC has declared a Force Majeure on the Bonny Oil and…
Engr. Simbi Kesiye Wabote, executive secretary, Nigerian Content Development and Monitoring Board, NCDMD, will deliver the Ninth Anniversary Lecture of Realnews Magazine on Thursday, November 18, at the Sheraton Hotel, Lagos, by 10 am prompt. “Nigeria in the Unfolding Integration of the African Market:…
