Oil and Gas
Nigeria Loses N891bn To Gas Flaring
Nigeria lost N891bn to gas flaring in 18 months, according to data from the Nigerian Oil Spill Monitor, an arm...
OPEC Adds 100,000 bpd To Nigeria’s Production Quota
The Organisation of Petroleum Exporting Countries (OPEC), has increased Nigeria’s August, 2022, oil production quota by 1.5 per cent to...
Sylva Seeks Deployment Of Technologies To Make Fossil Fuel Cleaner
Chief Timipre Sylva, Minister of State for Petroleum Resources, has called for the deployment of available technologies to make fossil...
NMDPRA To Fast-Track Issuance Of Reviewed Petroleum Regulations – Official
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it is working to ensure issuance of midstream and downstream...
Shell Shuts Floating Crude Oil Storage Facility Over Water Leakage
A Shell Floating Production Storage and Offloading (FPSO) vessel operating off Bayelsa coastline, has been shut down due water leakage,...
Crude Oil Theft Sabotaging Nigeria’s Economy, Says Uzodinma
Gov. Hope Uzodinma of Imo says the continuous theft of crude oil in the country was a direct sabotage to...
How Nigeria Lost $774 Million To Oil Theft In 43 Days
Oil and Gas industry stakeholders using the Trans-Niger Pipeline in the Niger Delta have collectively lost about of $774 million...
Nigeria May Lose 22,000bpd As Employees Of China’s Oil Firm Begin Industrial Action
Oil production may suffer another decline of 22,000 barrels of oil per day, as employees of Addax Petroleum Development Nigeria...
Ijaw Diaspora Congress Wants Review Of PIA For Host Community Fund
The Ijaw Diaspora Council (IDC) has advocated a review of the Petroleum Industry Act to raise the host community fund...
Ministry Inaugurates Committee On Oil, Gas Investment Promotion
The Ministry of Petroleum Resources has inaugurated a committee on the Establishment of an Oil and Gas Investment Promotion Office...
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