News

Lagos — Nigerian earned a total revenue of $23.046 billion from the oil and gas sector in 2021, according to the Nigerian Extractive Industry Transparency Initiative, NEITI, 2021 Oil and Gas Industry Report. The report […]

Lagos — Asia is expected to witness the highest refinery hydrocracking unit capacity additions globally between 2023 and 2027, contributing about 55% of the total global capacity additions by 2027, says GlobalData, a leading data, […]

   …To add nearly 40,000b/d to country’s output *President Bola Tinubu with ExxonMobil President Liam Mallon Abuja — Exxon Mobil Corp has pledged to grow its production in Nigeria and expand its deepwater production as […]

*Abo FPSO Lagos — BW Offshore has closed the transaction for the sale of Abo FPSO to STAC Marine Offshore Limited, a member of the Nigerian Transport Group (STAC) for $20 million. As part of […]

*Executive Secretary of NCDMB, Engr Simbi Wabote (left), and Second Secretary (Political), British High Commission in Nigeria, Mr. Hamish Tye Mkpoikana Udoma Port Harcourt — The UK government is committed to supporting clean, green and sustainable […]