*Crude oil processing facility. – To break all-time records Lagos — According to data from the US Energy Information Administration, December saw the all-time production record in the USA surpassed with more than 13.3 million […]
Oritsegbubemi Omatseyin Lagos — Determined to gather credible data on the oil and gas industry, the Nigerian Content Development and Monitoring Board, NCDMB, has partnered with the National Bureau of Statistics, NBS, to hold a two-day sensitisation workshop for companies […]
The stronger market is a bonus for the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+. The group has been cutting supply for the past two years but has often struggled […]
*U.S. drilling site Houston — Oilfield service companies and drillers have put the brakes on hiring and further job cuts could loom as natural gas producers respond to sliding prices by slashing spending on new […]
*NUPENG President, Comrade Williams Akporeha and EFCC Chairman, Ola Olukoyede. Mkpoikana Udoma – Port Harcourt — The National Union of Petroleum and Natural Gas Workers, NUPENG, has sought the collaboration of the Economic and Financial […]
*DRU1 – The extraction and processing of oil sands is key to the Canadian economy, as it will contribute more than $200 billion annually to the country’s GDP. Lagos — Oil sands production in Canada […]
Oritsegbubemi Omatseyin Lagos — The highly anticipated 7th Nigeria International Energy Summit, NIES 2024, will convene a forum for Africa’s National Oil Companies, NOCs, in Abuja, beginning from February 26. The event, bringing together chief executive […]
*A general view of a new crude distillation unit under construction at Exxon Mobil’s refinery in Beaumont, Texas, U.S., November 23, 2022. REUTERS/Erwin Seba. Singapore — Oil prices rose for a second day on Thursday […]
*Fuel dispenser nozzle. Mkpoikana Udoma Port Harcourt — Despite suspension of the planned strike by the National Association of Road Transport Owners, NARTO, the pump price of Premium Motor Spirit has continued to surge in […]
*Gbenga Komolafe Oritsegbubemi Omatseyin Lagos –– The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, Engr. Gbenga Komolafe, has won the Sun Public Service Award. At a colorful ceremony held at the Expo Convention Centre, Eko Hotel and Suites, […]
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