Ijaw youths close down SEEPCo’s oilfield over alleged neglect
Ilenre Irele Protesting youths from Anyama Clan and Onuebum Community in Ogbia Local Government Area of Bayelsa have surrounded and...
Exploration
Aiteo discloses resumption of production after Nembe Oilfield Leak
Adewale Akintaro Aiteo Eastern Exploration and Production Company (AEEPCO), operator of the NNPC / Aiteo Joint Venture on OML 29,...
Angola is leaving OPEC
... triggers crude price decline Oredola Adeola with agency reports Angola, the second largest oil producer in...
Delta, NNPCL take 8%, 20% equity in $2.15bn UTM Offshore Nigeria’s first FLNG facility
... to dedicate over 300,000 metric tonnes of LPG (cooking gas) to domestic market Oredola Adeola The Nigerian...
COP28: NNPC Ltd. signs another Floating LNG deal with Chinese EPC firm
... enters MoU with SDP Services for the establishment of 421 tpd small-scale LNG project in Ajaokuta Oredola Adeola...
IPPG raises concerns over 3% HCDT fund, attributes increased project costs to multiple levies
Oredola Adeola The Independent Petroleum Producers Group (IPPG) has raised concerns over the Nigerian Oil and Gas Industry Content...
Wabote refutes financial buoyancy claims, says “1% NCDF remittance on oil, gas contract is dwindling”
...2023 Nigerian Content Level in oil, gas industry holds steady at 54% ...shipping, surveying/positioning services, inspection/testing & certification top...
OPEC pegs Nigeria’s crude oil quota at 1.5m bpd for 2024
... as Amb. Aduda becomes Alternate Chairman for OPEC Board of Governors Oredola Adeola The OPEC secretariat has...
Norway’s Equinor makes divestment plan, sells Nigerian oil stake to Chappal Energies
Oredola Adeola The Norwegian oil firm has agreed to sell Equinor Nigeria Energy Company (ENEC) with a 53.85 percent ownership...
Budget of Renewed Hope 2024: President Tinubu proposes $77.96bpd oil price benchmark, 1.78mbpd production estimate
Oredola Adeola President Bola Tinubu, in his inaugural full-year budget since taking office in May, has proposed a conservative oil...
