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Oil and Gas

PEARL advocates for corrosion control in the oil and gas industry

 In line with its commitment to engage stakeholders on advancing technological growth in the Nigerian oil and gas industry, Pacegate Energy and Resources Limited,...

Why Nigeria is exposed to import parity prices-Expert

The Oil and Gas market is in an unusual state of turmoil and uncertainty and fuel prices are high everywhere. Nigeria is an integral part...

NNPC Announces N37.50Bn as Trade Surplus in September 2021

The Nigerian National Petroleum Company Limited, NNPC Ltd, has recorded  a trading surplus of ₦37.50billion for the month of September 2021. The figure represented a 352 per...

Why Seplat Moves to acquire ExxonMobil Producing Nigeria Shallow-Water Affiliate

   ..Transaction to close later this year pending regulatory approvals   In its move to become an Oil Major in Nigeria’s Oil and Gas Industry, Seplat Energy...

NNPC Positioned to Lead Africa in Energy Transition, Says Kyari

Kyari The Nigerian National Petroleum Company, NNPC, Limited has given an account of how it has positioned itself to lead Africa in energy transition. The Chief...

Sylva Doubts Nigeria’s Petrol Consumption Figures, Says Numbers Crazy, Opaque

Sylva The Minister of States for Petroleum Resources, Timipre Sylva, yesterday expressed doubts over Nigeria’s daily petrol consumption figures, describing them as crazy and opaque. The...

FG Approves N3trn, 17.5% of 2022 Budget to Sustain Subsidy

Ahmed A day after the federal government announced its plan to delay implementation of the Petroleum Industry Act, PIA, and retain payment of petrol subsidy...

Despite Rising Population, Increasing Govt. Spending, Nigeria Producing Less Oil than 25 Years Ago

Nigeria is producing far less oil than it did 25 years ago when the estimated population was much less than what it is today...

Rising Oil Prices and Nigeria’s Grim Economic Indices

Nigerians should ordinarily be rejoicing over the rising prices of crude oil in the international market. However, it would be stating the obvious to say...

Global Energy Leader Mohammed Barkindo Visits Iraq

  Barkindo The immediate past OPEC Secretary General and Chief Coordinator of the OPEC+, Mohammad Sanusi Barkindo, left Vienna this evening for Iraq where he would...

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