News

OPEC pumps 28.62 million bpd in April

…Nigeria, Iraq production drops  *Oil supply News wire – The Organization of the Petroleum Exporting Countries, OPEC, oil output fell in April due to a halt in some of Iraq’s exports and delays to Nigerian […]

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NMDPRA seeks collaborations for domestic gas utilization

Mkpoikana Udoma Port Harcourt — The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA says more collaborations and interventions are needed to improve domestic gas utilization in the country, despite the various initiatives and policy […]

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Oil & gas industry contract value plunges 48% in Q1 2023

Lagos — With rising inflation and an increasing capital cost borrowing environment posing challenges for upcoming oil and gas projects, the overall oil and gas industry’s disclosed contract value saw a significant quarter-on-quarter (QoQ) decrease […]