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Tag: Oil and Gas
Shell sells its Gabon onshore interests for USD $628 million
Royal Dutch Shell plc (Shell), through its affiliates, has completed the sale of its entire Gabon onshore oil and gas interests to Assala Energy...
ExxonMobil and REG convert sugars from a variety of non-edible biomass...
ExxonMobil and Renewable Energy Group (REG) announced today that by utilizing REG’s patented fermentation technology, the companies’ joint research program has demonstrated the ability...
Nigeria, U.S. to strengthen ties in oil, gas sector
By Dirisu Yakubu with agency reports
The United States on Tuesday said it would encourage more of its firms to invest in Nigeria’s oil and...
PwC Oil & Gas review “Africa’s oil & gas industry needs...
PwC’s Africa oil and gas review, 2017 analyses what has happened in the last 12 months in the oil & gas industry within the...
OPEC Records 120% Conformity, As Nigeria Predicts Capping Production in 2018
By Oge Obi
The OPEC-Non-OPEC producing countries’ Joint Ministerial Monitoring Committee (JMMC) has stated that based on the report of its Joint Technical Committee (JTC)...
Nigeria Remains Investors Haven with High Returns on Investment, Kachikwu
By Oge Obi
The Minister of State for Petroleum Resources, Dr. Ibe Kackikwu has said that inspite of the seemingly challenges Nigerian business environment might...
FG to Conclude Refineries Repair Processes in 2018, Attain Self Sufficiency...
By Oge Obi
The Federal Government has disclosed that it would conclude the selection processes and announce the chosen private companies for the repairs, revamp...
Benedict Peters, Aiteo Executive Vice Chairman, Assembles Legal Team to Address...
LONDON, United Kingdom, -- Benedict Peters, Executive Vice Chairman of Aiteo Group, has instructed London law firm Mishcon de Reya and Washington’s Covington &...
New report shows that Nigeria’s Gas Flaring reduces to 12 Per...
According to NNPC's monthly report, the Gas flare rate in Nigeria stands at 12.00 per cent. The monthly report which was released said that...
NNPC to Start Crude Oil Exploration in Nasarawa State
Oil search in the nation’s inland basins received a fresh impetus following the commencement of exploration activities in the Benue Trough by the Nigerian...
Nigeria: House of Rep takes bold step to end Apapa traffic...
Monday, October 2017 - The Director of Petroleum Resources, Mr. Mordecai Danteni Baba Ladan along with members of DPR’s top management, hosted members of...
Collapsed Bridge Cuts Off Bayelsa Oil , Gas Community
Residents of   Imiringi, oil and gas-rich community in Ogbia Local Government Area, Bayelsa State, have been separated from Yenagoa, the capital city and other sections...
Anglo African Oil & Gas set for Tilapia well number three
Anglo African Oil & Gas (AAOG) said it plans to drill a third well on the Tilapia oil field in the Republic of Congo.
The...
NCDMB Targets 100% Domiciliation of FPSO Integration
…Board set establish Nigerian Content Bank
… says local companies default on remittance of NCDF
The Nigerian Oil and Gas industry will between now and year...
Bayelsa has the Infrastructural Base for Oil and Gas Investment –...
Your Excellency, what is your state doing in terms of exploiting its oil and gas resource endowment
Bayelsa is historically the place where the story...
Gender Bar yet to be Broken in the Oil and Gas...
Damilola Owolabi calls the shots at Dreg Waters Petroleum. A business-inclined mind from years stretching back to her University days, she shares in this...
Nigeria in Fresh Drive for 100% Local Content
The Nigerian Oil and Gas Industry Content Development Act (NOGICD) 2010, years after its passage, has brought about some significant gains in the nation’s...
Elcrest E&P Sign Rig Deal for Opuama-7 Side-track
Eland Oil & Gas says its subsidiary, Elcrest Exploration and Production, has signed a rig contract with OES Energy Services to secure a rig...
FG targets oil output of 3million bpd within the next five...
The Nigerian Minister of State for Petroleum Resources, Emmanuel Kachikwu, has revealed that the Federal Government is targeting 3million bpd within the next five...
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...
