Sahara Energy dismisses UBA allegation over outstanding debt
The management of Sahara Energy Resource Limited (Nigeria) has dismissed the petition by the United Bank for Africa (UBA) stating that it has no outstanding facilities with the bank
UBA…
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Samsung confirms death of Korean employee in LADOL Free Zone shooting incident
Samsung Heavy Industries Nigeria (SHIN) has confirmed that the Korean employee of SHI-MCI FZE, who was shot by an officer of the Nigeria Security and Civil Defence (NSCDC) guarding the LADOL…
Oil and gas exploration is off to a flying start in 2019
Oil and gas exploration is off to a flying start in 2019, with majors taking a bigger bite of the conventional resources discovered in the first quarter, according to Rystad Energy…
LNG to be negatively impacted by trade war, BP warns
BP has warned that Liquefied Natural Gas (LNG) trade war, vulnerability and insecurity in global trade flows could have a particularly damaging impact on confidence in LNG as an energy…
Local content would be enhanced through our diversification – Siemens boss
Siemens Power Services is a company known as majorly responsible for power generations in the oil and gas industry and a reputable original equipment manufacturer (OEM) in the manufacture…
Shell emerges Nigeria’s Most Impactful Local Content Company
Shell Companies in Nigeria have emerged the International Oil Company with the most impactful Local Content Initiatives in the upstream category at the 2019 edition of the Nigerian Oil and…
How hoodlums destroyed power infrastructure, compound electricity outage problems
It is true that Nigerians have suffered unprecedented frustrations in the hands of electricity providers because they are not always there when they are most needed by customers.
To…
NNPC allays fears of fuel scarcity, says 55 depots have fuel
Amid fears that there could be fuel scarcity, the Nigerian National Petroleum Corporation (NNPC) has advised motorists and other petroleum products consumers not to engage in panic…
‘NPDC cannot begin production until it meets Ogoni demands’
Stakeholders in Ogoni land have said that while they are not averse to the decision of the Federal Government to ask the Nigeria Petroleum Development Company (NPDC) to take over operations…
NNPC expresses commitment to zero gas flare regime
The Nigerian National Petroleum Corporation (NNPC) has expressed its commitment to a zero gas flare regime for every new gas project, even as it trains its sights on commercializing existing…