Nigeria’s crude oil production hits 1.238m bpd in June
The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil production increased to an average of 1.238 million...
Natural Resources
OPEC not expecting oil market conditions to ease into 2023
OPEC expects conditions on the oil market to remain tight into the coming year, with demand rising faster than supply,...
IOCs, environmentalist differ over payment for gas emission, flaring
make case for non-payment for gas emission, gas flaring The International Oil Companies (IOCs) have yet to start paying...
Don’t fall for scammers, NNPC not recruiting – Management
The Nigerian National Petroleum Company Limited (NNPC Ltd) has notified the public that it is not recruiting. The NNPC management...
Increasing cost of diesel worries manufacturers
The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to provide an integrated support system to reduce...
Ministry to set up oil, gas investment centre to spur foreign investments
The Ministry of Petroleum Resources says it is setting up an Oil and Gas Investment centre which will act as...
Petroleum industry holds night of tributes for Barkindo
The Nigerian petroleum industry on Wednesday in Abuja held a night of tributes for the departed Dr Mohammed Barkindo, the...
Ijaw frown at disregard to court order over marginal fields licences
The Ijaw National Congress (INC) has criticised the Federal Government’s defiance of a court order restraining it from issuing Petroleum...
Afreximbank, UTM Offshore sign project financing for floating LNG
Afreximbank says it has signed a project preparation facility with UTM Offshore Ltd (UTM) to progress a Floating Liquefied Natural...
Indigenous firms allay fears over divestment of assets by IOCs
An association of indigenous Exploration and Production companies, under aegis of the Independent Petroleum Producers Group (IPPG), has allayed concerns...
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