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Anyala-Madu Fields’ 60,000 bpd Potential to Boost Nigeria’s Oil Revenue

Federal Government Sets Bid Guidelines for Award of 46 Marginal Oil...

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Oge Obi In readiness for the marginal oil field bid round scheduled to take place later this year or early next year, the Federal Government...
Nigeria's Economic Diversification Leads to 3.2% Rise in Exports, NEPC

Nigeria’s Economic Diversification Leads to 3.2% Rise in Exports, NEPC

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Peace Obi The Executive Director, Nigerian Export Promotion Council (NEPC), Olusegun Awolowo has said that Nigeria’s exports appreciation by 3.2 per cent is a confirmation...
Nigerian Government Set To Launch Gas Flaring Commercialisation Programme

Nigerian Government Set To Launch Gas Flaring Commercialisation Programme

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Oge Oge Determined to make gas flaring a thing of the past in the country, Nigerian government has hinted that it would soon launch a...
Lawmakers Expressed Shock Over Non-Inclusion of $5.8bn Mambilla Power Project in 2021 Budget

Ijaw Youths: We Support the Call for the Amendment of NLNG...

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Oge Obi Ijaw Youths under the aegis of Ijaw Youth Council, IYC, has indicated their support for the call in the National Assembly for the...
OPEC Frees Nigeria from Fixing Quotas for Crude Oil Cap Deal

OPEC Frees Nigeria from Fixing Quotas for Crude Oil Cap Deal

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Oge Obi Nigeria has been freed by the Organisation of the Petroleum Exporting Countries, OPEC from fixing quotas in the ongoing OPEC/Non-OPEC crude oil cap...
Nigerians to Pay More for Petroleum Products as the Country Considers Moving to Sweet Crude

Nigerians to Pay More for Petroleum Products as the Country Considers...

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Oge Obi The hope for Nigeria returning to a season of boom in her crude oil production has been predicated on improved technology and expertise,...
OPEC Pressure: Why Nigeria Won’t Cut Production Yet

OPEC Pressure: Why Nigeria Won’t Cut Production Yet

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Nigeria is likely to come under immense pressure from the Organisation of the Petroleum Exporting Countries, OPEC, this month to cut its crude oil...
Nigeria : Govt signs $500m MoU for mini-LNG Plant

Nigeria : Govt signs $500m MoU for mini-LNG Plant

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The Nigeria Government, recently, signed an agreement with National Petroleum Corporation, Total Exploration and Production Nigeria Joint Venture and Greenville Energy for a mini-Liquefied...
Nigeria LNG Road Delivery Scheme to Provide Cheaper Fuel

Nigeria LNG Road Delivery Scheme to Provide Cheaper Fuel

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Nigeria has launched a scheme to transport liquefied natural gas (LNG) to regions not linked by pipeline, supplying power plants and industry with cheaper,...
Nigeria And Morocco Make Progress On Pipeline Project To Link The Two Countries

Nigeria And Morocco Make Progress On Pipeline Project To Link The...

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According to the Nigerian press, the funds to carry out the feasibility study of the gas pipeline project between Nigeria and Morocco have been...
Nigeria : Eland Oil & Gas Mobilises Rig For Opuama-7 Sidetrack

Nigeria: Eland Oil & Gas Mobilises Rig For Opuama-7 Sidetrack

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AIM-listed Eland Oil & Gas has confirmed that the OES Teamwork Righas been mobilised to the Opuama Field, OML 40, in preparation to perform the sidetrack of the Opuama-7 well.   Following mobilisation...
TRANOS, A True Manifestation of Local Content Drive in Nigeria

TRANOS, A True Manifestation of Local Content Drive in Nigeria

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“At Tranos , we see quality as systemic, as well as an integrated process” TRANOS, an indigenous engineering and technology company is a true representation of...
Customs Seizes Exotic Vehicles, other contraband worth N783m

Customs Seizes Exotic Vehicles, other contraband worth N783m

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Oge Obi  The Nigeria Customs Service said that it has intercepted 27 new vehicles smuggled into the country through unapproved routes. The vehicles were intercepted...
Nigeria moves towards energy efficiency , to end importation of AC, fridges

Nigeria moves towards energy efficiency, to end importation of ACs, fridges

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Oge Obi Set to join energy efficient nations, the Federal Government of Nigeria has set February 2018 as deadline for importation of fridges, air conditioners...
Chevron Nigeria Wins SPE NAICE best exhibitor Award 2017

Chevron Nigeria Wins SPE NAICE best exhibitor Award 2017

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Oge Obi The 2017 Society of Petroleum Engineers' (SPE) Nigeria Annual International Conference and Exhibition (NAICE) saw a drift in tide as the oil giant, Chevron...
Chevron to Sell 40% Stake In Two Nigeria Oil Blocks

Chevron to Sell 40% Stake In Two Nigeria Oil Blocks

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Nigeria’s third-largest oil producer, Chevron Nigeria Limited (CNL), a subsidiary of United States international oil company, Chevron, has announced that it will sell its...
Nigerian Senate Affirms Public Private Partnerships For The Reformation Of Refineries

Nigerian Senate Affirms Public Private Partnerships For The Reformation Of Refineries

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In a bid to strengthen international relations, the Italian Government through ENI (an Italian oil and gas company in which it owns 30.3 percent...
Schlumberger Signs $700 Million Nigeria Oil-Field Deal

Schlumberger Signs $700 Million Nigeria Oil-Field Deal

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By Dulue Mbachu Nigeria’s state-owned oil company said it signed a deal with Schlumberger Ltd. to provide $700 million for the development of two oil fields in...
Oil Prices Dip As Prospect Of Deeper OPEC Output Cut Dims

Oil Prices Dip As Prospect Of Deeper OPEC Output Cut Dims

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Oil slipped to one-week lows, as several OPEC and non-OPEC ministers met to discuss a pact to curb oil output but the prospect of...
‘Nigeria’s Crude Production Has Hit 2.2mb/D’ – NNPC GMD

‘Nigeria’s Crude Production Has Hit 2.2mb/D’ – NNPC GMD

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The Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, while speaking at the sixth Sustainability in the Extractive Industries’ (SITEI)...