News

Ike Amos Dublin, Ireland — A significant decline was recorded in foreign capital inflow into the Nigerian oil gas industry in 2023, as investments into the sector dropped sharply by 42.84 per cent to $3.64 […]

*Mele Kyari, NNPC GCEO Oritsegbubemi Omatseyin Lagos — The Nigerian National Petroleum Company Limited, NNPC, as the largest partner to all the oil-producing companies in Nigeria, has assured that its role in the divestment of the International Oil […]

*NLC president, Joe Ajaero, speaking during the protest by workers …Demands de-dollarisation of gas sale to power stations  Mkpoikana Udoma Port Harcourt — The organised labour, under the auspices of the Nigeria Labour Congress, NLC, […]

*SPDC’s Chief Surveyor and Head, Offshore Survey Operations, Steve Keedwell. Lagos — The Shell Petroleum Development Company of Nigeria Ltd (SPDC) has deployed an Uncrewed Surface Vessel (USV) for a pipeline route survey in the […]

*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 […]