Thursday, May 16, 2024

Monthly Archives: March, 2017

Technology and Innovation Key to Leveraging Heavy Oil’s Untapped Potential, says Bapco Chief

Bahrain Prepares to Host the Second Edition of the Middle East Heavy Oil Congress Middle East Holds Nearly 1 Trillion Barrels of Heavy...

Solar Power May Get Boost From Africa’s Biggest Oil Exporter

Senators in the capital of Abuja are debating allocation of $30 million to solar projects in this year’s budget, according to the Renewable Energy...

Aiteo emerges Nigeria’s leading oil & gas company with record 90kpod output in 1 year

The company is confident that its significant gas resources at OML 29 will transform the country’s oil rich Niger Delta region into a power...

FEC approves N701billion to tackle liquidity challenges faced by GenCos

The Federal Executive Council of Nigeria (FEC) has approved a power guarantee assurance valued at N701 billion ($2.2billion) to electricity generating companies (GenCos) to...

FG targets oil output of 3million bpd within the next five years

The Nigerian Minister of State for Petroleum Resources, Emmanuel Kachikwu, has revealed that the Federal Government is targeting 3million bpd within the next five...

Warri Refinery shut down due to technical issues

The Warri refinery which has an installed capacity of 125,000 barrels per stream day (bpsd), has been shut down due to some technical faults. This...

Shell shuts Bonga oil field for a month turnaround maintenance

Shell Nigeria Exploration and Production Company Limited (SNEPCo) on Monday announced the shutting down of Nigeria’s Bonga oil field for maintenance. This aimed at...

ES NCDMB visits IOCs, pledges support for fast-track projects

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote visited some international operating companies (IOCs) in Lagos last week,...

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