Nigeria’s Minister of State Petroleum Resources, Sylva resigns to pursue Bayelsa State gubernatorial bid
Oredola Adeola Timipre Sylva, Minister of State Petroleum Resources has reportedly resigned to focus on his second term governorship...
Upstream
Buhari flags off second crude oil drilling project in North-central, Nigeria
Oredola Adeola The outgoing Nigerian President, Muhammadu Buhari, has flagged off the Ebenyi-A exploration crude oil well located in Obi...
FG investigative panel unravels major causes of oil theft in Nigeria, submits report, as NSA assures quick implementation
Oredola Adeola The high-powered investigative committee set up by the Nigerian Government to unravel perpetrators behind the menace of...
NUPRC meets OPTS,CBN, others, as implementation of decommissioning, abandonment fund suffers delay
Oredola Adeola The Nigerian Upstream Petroleum Regulations Commission (NUPRC) is making effort towards the implementation of the domiciliation...
Nigeria’s share of global LNG market falls to 6% due to human-imposed sabotage, lack of investment – Kpler
Oredola Adeola Nigeria's share of the global Liquified Natural Gas (LNG) export market has fallen to just 6% from...
Women in Energy Network urges next Nigerian President to increase female’s quota in top-level management of energy industry, MDAs
Oredola Adeola The Women in Energy Network (WIEN) has called on the next Nigerian President to prioritise gender diversity...
Nigeria’s crude oil export rises as Shell lifts force majeure on Bonny terminal
Oredola Adeola The Shell Petroleum Development Company of Nigeria Limited (SPDC) has lifted the force majeure on the Bonny export...
Brent slumps to $73/bbl in response to US banking turmoil, threatens oil price benchmark for 2023 budget
Oredola Adeola Brent crude (Nigeria Bonny’s benchmark) and WTI fell significantly from $82.78 and $76.68 on Friday, March 10 to...
Nigerian upstream regulator sets to introduce bailout funds for 2020 Marginal Oil Field licence awardees
Oredola Adeola The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed the plan to introduce hydrocarbon production-based lending engagement...
Experts caution African oil producing nations against resource nationalisation, advocate enabling environment for private sector players
Oredola Adeola Oil and gas producing countries in Africa have been charged to reduce the destructive policy of resource...
