…….decry indifference of pipeline owners
By Amaechi Okonkwo
Nigeria’s National Oil Spill Detection and Response Agency (NOSDRA) and the government of Rivers state have adopted community based approach to tackle the perennial menace…
The Federal Government of Nigeria (FGN) has revealed that it was rebuilding the country’s upstream sector to attain 100% in crude oil production by producing 3.0 million barrels per day up from the 1.5 million barrel per day average it has…
The Nigerian National Petroleum Corporation (NNPC) Limited has signed a $1.04 billion facility deal with the African Export-Import Bank (Afreximbank) to finance petroleum exploration in Nigeria in order to boost crude oil production in the…
There is possibility of fuel scarcity and price hike across the country from the coming weeks of this month (November) as the Nigerian Union of Petroleum and Natural Gas (NUPENG) workers which basically control the downstream arm of the…
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote has said that the Petroleum Industry Act (PIA) recently passed by President Muhammadu Buhari will boost investment in Nigeria's…
The Executive Secretary of Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote, has called on the indigenous service companies in the Nigerian oil and gas industry to invest in asset ownership as it is the major…
A report released a few days ago by the Organization of Petroleum Exporting Countries (OPEC) has shown that Nigeria has lost its position as the biggest oil producing country in Africa to Libya.
According to the report, Nigeria’s oil…
Meanwhile, the National Oil Spills Detection and Response Agency (NOSDRA) has raised alarm that the Nov. 5 oil spill which occured at a well close to Oil Mining Lease (OML) 29 is yet to be taken care of as at date.
The indigenous…
An Ijaw group under the aegis of Ijaw Diaspora Council, (IDC) has called on the Federal Government and the international community to urgently intervene to put a stop to the continued oil leak at Santa Barbara oil well 1 in Nembe, Bayelsa…
Revises Down Its Forecast by 160,000 bpd
The Organization of Petroleum Exporting Countries (OPEC) has forecasted that global oil demand would average 96.4 million barrels per day (bpd) this year. It explained in a report released…
