Energy

Energy

PIB is crucial in unlocking Nigeria’s gas potential - Emenike

Josephine Okojie-Okeiyi Sep 06, 2019

Chichi Emenike, head of Gas Ventures at Neconde Energy Limited says Nigeria can easily transform into a gas driven industrial...

Energy

Founder of P&ID has history of corruption allegations in Nigeria – Report

Oladehinde Oladipo Sep 06, 2019

Read Also:  FG begins probe of $9bn P&ID judgment, says Nigerian assets safe The report, based on a close examination of...

Energy

LG trains 210 youths in oil and gas industry skills

Aniefiok Udonquak Sep 06, 2019

Mkpat Enin Local Government Area of Akwa Ibom State has trained 210 youths to equip them with skills required in...

Energy

NNPC promises to grow domestic gas utilization to 5bcfd by 2022

Harrison Edeh Sep 06, 2019

The Nigerian National Petroleum Corporation (NNPC) has expressed its determination to aggressively grow domestic gas utilization in-country to 5billion cubic...

Energy

AMCON vs. Shebah E&P: Parties to litigation set for amicable resolution

Oladehinde Oladipo Sep 06, 2019

Parties to the ongoing litigation between Asset Management Corporation of Nigeria (AMCON) and Shebah Exploration and Production (E&P) Company Limited...

Energy

Oil jump 4% in good data, China’s move to send trade negotiators to US

Lucky Nwanekwu Sep 05, 2019

Brent crude jumped more than 4 per cent on Wednesday to rise back above $60 a barrel, tracking gains in equities during a period when oil prices have been whipsawed by fears for the global economy. ...

Energy

NNPC, NAOC, Oando Joint Venture makes significant gas discovery onshore Niger Delta

Iheanyi Nwachukwu Sep 05, 2019

Oando Plc has officially informed the Nigerian Stock Exchange (NSE) that the Nigerian National Petroleum Corporation (NNPC)/ Nigerian Agip Oil...

Energy

Nigeria’s slower oil sales, potential glut may further stress ailing economy

Stephen Onyekwelu Sep 05, 2019

Nigeria’s economy has posted sluggish growth in the six months ending June, with signs that rapid economic stimuli are needed...

Energy

NNPC records 45,347 breaks on downstream pipeline network in 18 years

Harrison Edeh Sep 05, 2019

Nigerian National Petroleum Corporation (NNPC) has disclosed that it recorded a total of 45,347 pipeline breaks on its downstream pipeline...

Energy

NNPC, Navy to deepen collaboration to stem crude oil theft

Harrison Edeh Sep 05, 2019

The Nigerian National Petroleum Corporation (NNPC) and the Nigerian Navy have pledged to deepen collaboration to tackle the menace of...

Energy

Investments flow into power sector may suffer setback over EFCC’s action

Olusola Bello Sep 05, 2019

Stakeholders in the power sector have warned that the flow of investments into the power sector may suffer setback if...

Energy

Exxon, Shell cannot restore $1.8bn Nigerian arbitration award, says US judge

Anthony Nlebem Sep 05, 2019

A US. judge on Wednesday rejected Exxon Mobil Corp’s and Royal Dutch Shell Plc’s effort to revive a $1.8 billion...

Energy

As Nigeria slumbers, Angola plots oil sector expansion 

Anthony Nlebem Sep 05, 2019

Angola is making good progress in its bid to attract significant investment into its oil sector and the bold plot...

Energy

Nigeria, Iraq boost OPEC output, Gulf producers keep output flat

Olusola Bello Sep 05, 2019

Nigeria and Irag lifted up OPEC’s oil output in August for the first month this year as higher supply from...

Energy

NNPC’s trading subsidiary relocates from London to Dubai

Oladehinde Oladipo Sep 05, 2019

Nigeria National Petroleum Corporation (NNPC’s) trading subsidiary Duke Oil Service has relocated from London to Dubai in order to move...