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Eni has made a world class supergiant gas discovery at its Zohr Prospect, in the deep waters of Egypt. The discovery could hold a potential of 30 trillion cubic feet of lean gas in place covering an area of about 100 sq kms. Zohr is the…

An indigenous company, Niger Delta Petroleum Resources Limited, has clinched the 2015 Global Gas Flare Reduction Excellence Award. The award conducted by the Global Gas Flaring Reduction Partnership – a World Bank Group initiative, will be…

…Says oil theft, pipeline vandalism claims 350 lives in three years The Nigerian National Petroleum Corporation (NNPC) declared plans to deploy drones across the nation’s territorial waters to monitor the inwards and outwards movement of…

Another 150 youths from the Niger Delta are to benefit from the 2015 LiveWIRE programme of the Shell Petroleum Development Company of Nigeria Limited (SPDC) operated Joint Venture, bringing the total number of beneficiaries to over 6,000…

No fewer than 5,139 ocean going vessels with a total gross tonnage of 61,990,999 called at Nigerian ports in the first quarter of this year. The gross tonnage of crude oil tankers recorded in the period showed a 12.21 per cent increase over…

To ward off maritime criminals from the West African sub-region, the Nigerian government has called for a more robust engagement among navies in the region. According to the government, eliminating the criminals would bolster the economies…

By Sola Akingboye Last may not have been heard of the controversial electricity fixed charge that is generating rancor across the country, as an Abuja based civil society organization, Change Ambassadors for Positive Transformation,…

By Nneka Ezeemo, London Small and marginal oil fields’ operators in Africa have been called upon to focus on addressing issues of completion and liquidity risks, as these are critical determinants of their ability to attract financing…

By Pita Ochai For centuries, the world has been exploring natural resources, whether oil, gas or minerals. In the last few decades more countries joined the natural resource exploitation club. Many have also witnessed economic growth and…

“44 varieties of minerals in over 500 locations”  Nigeria’s mining sector presents incredible opportunities for both the private and public sectors, given the country’s vast natural resources and the current drop in oil prices. The…