IOC divestments: Expert tasks Africa on participation in upstream investment
An oil and gas expert, Ms Funmi Ogbue, has advised African countries to encourage more participants to invest in the ...
Tag: Oil
Diri commends senate on OML 46 License
Gov. Douye Diri of Bayelsa on Sunday lauded the resolution of the Senate mandating return of the Atala Marginal Oilfield ...
PIA to unlock investments in Nigeria’s oil, gas sector – Sylva
The Minister of State Petroleum Resources Chief Timipre Sylva, has said that the desire to surmount the challenges bedeviling the ...
SNEPCo schedules 200,000 bpd Bonga FPSO for maintenance in
Shell Nigeria Exploration, and Production Company Limited (SNEPCo) on Sunday said its 200,000 barrels per day capacity Bonga Floating Production ...
LCCI, NACCIMA task Nigeria on oil theft, rising debt profile
Organised Private Sector ((OPS) stakeholders have called on the federal government to address crude oil theft and other macroeconomic fundamentals ...
Nigeria’s crude oil production averaged 1.183m b/d in July
The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil production increased to an average of 1.183 million ...
Anambra earns N268m from oil derivation
The Anambra Government says it received the sum of N268,2 million as its share of 13 per cent derivation from ...
Theft, vandalism rob Nigeria of benefits of high crude oil prices
Low production rate, theft and pipeline vandalism have combined to rob Nigeria of the benefits of high cost of crude ...
Ikike field will help Nigeria bridge production gap – TotalEnergies
TotalEnergies has said the commencement of production from its Ikike field would help to bridge Nigeria’s oil production gap which ...
Crude theft, pipeline vandalism stall Nigeria’s development
The General Manager of Shell Petroleum Development Company of Nigeria, Mr Igo Welli has identified crude oil theft, pipeline vandalism ...
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