April 1, 2026
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Author name: Alison Godswill

Middle East: Oil demand remains low despite the ease in COVID-19 lockdown

Equatorial Guinea leads Regional Gas Monetization via Alen Backfill Project

Leave a Comment / INTERNATIONAL, Oil & Gas /

The Alen gas monetization backfill project represents the first phase of Equatorial Guinea’s Gas Mega Hub masterplan; Launched by the Ministry of Mines and Hydrocarbons in May 2018, the Gas Mega Hub seeks to aggregate gas from upstream producers to deliver it to onshore industry; Equatorial Guinea is currently in discussions with Cameroon and Nigeria […]

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INTERVIEW: Oil will remain relevant for more than 50 years --- DPR

Nigeria losing jobs to China, others due to idle facilities — DPR

Leave a Comment / Oil & Gas /

Nigeria losing jobs to China, others due to idle facilities — DPR   The Department of Petroleum Resources (DPR), yesterday, raised concerns over moribund oil and gas facilities across the country. Speaking during a visit to one of such facilities, a fabrication yard located at Ilase Village, Snake Island, Lagos State, Director of DPR, Sarki

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COVID-19: confirmed cases now 187,588 in Nigeria

COVID-19: Confirmed cases rise to 154,476 in Nigeria

Leave a Comment / COVID 19, The Nation /

COVID-19: Confirmed cases rise to 154,476 in Nigeria   The confirmed Coronavirus pandemic cases have risen to 154,476 in Nigeria, according to the Nigeria Centre for Disease Control, NCDC. It stated: “On the 25th of February 2021, 634 new confirmed cases and 6 deaths were recorded in Nigeria. “Till date, 154476 cases have been confirmed,

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MARITIME ACCIDENT: General cargo ship NEW WAY suffers engine failure in Istanbul

Leave a Comment / Maritime /

MARITIME ACCIDENT: General cargo ship NEW WAY suffers engine failure in Istanbul   General cargo ship NEW WAY has suffered an engine failure in Marmara sea off Zeytinburnu, Istanbul, according to FleetMon. It stated: “General cargo ship NEW WAY suffered engine failure after transiting Bosphorus early in the morning Feb 26, sailing already in Marmara sea off Zeytinburnu, Istanbul.” It added:

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 NCDMB, Bayelsa sign Power Purchase Agreement on 10MW IPP

Wabote charges Oil workers on 4th Industrial Revolution

Leave a Comment / Oil & Gas /

Wabote charges Oil workers on 4th Industrial Revolution     The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote has challenged oil and gas workers under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) to brace up for the 4th Industrial Revolution that has brought Artificial

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JUST IN: Turkish freighter runs aground on Greek Island in Aegean sea

Leave a Comment / Maritime /

JUST IN: Turkish freighter runs aground on Greek Island in Aegean sea General cargo ship ASTOL has run aground on the northeast coast of Pserimos Island, Dodecanese Islands, Greece, Aegean sea, early in the morning February 26, 2021, according to FleetMon.   It stated: “General cargo ship ASTOL ran aground on the northeast coast of Pserimos island, Dodecanese islands, Greece, Aegean sea, early in

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LOCAL CONTENT: $40m NCDMB/NEXIM Bank Fund for Women in Oil & Gas – Wabote

NCDMB Inaugurates 2nd Batch Of Project 100 Firms

Leave a Comment / Local content /

NCDMB Inaugurates 2nd Batch Of Project 100 Firms The Nigerian Content Development and Monitoring Board (NCDMB) has inaugurated 40 companies as part of its Project 100 Supplier Development Programme. The Board started Project 100 in January 2019 with 60 companies with the goal of nurturing 100 wholly-owned oil and gas service providers, in a competitive

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BREAKING: Nigeria’s Bonny Light price hits $70.15 per barrel

BREAKING: Nigeria’s Bonny Light hits $65.53 per barrel, highest in 2021

Leave a Comment / Oil & Gas /

BREAKING: Nigeria’s Bonny Light hits $65.53 per barrel, highest in 2021   By Alison Godswill For the first time in 2021, the price of Nigeria’s Bonny Light has risen to $65.53 in the international market, as the Organisation of Petroleum Exporting Countries, OPEC, and its allies continue to cut remove excess oil from the market.

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ELECTRICITY: How Nigeria recorded two total system collapse, still counting

Leave a Comment / Power /

ELECTRICITY: How Nigeria recorded two total system collapse, still counting By Eyo Nsima   There are strong indications that Nigeria’s power sector is still threatened by many problems, which culminated in the occurrence of two system collapse, according to the Nigerian Electricity Regulatory Commission, NERC.   In its just-released Second Quarter 2020 Report, the Commission, stated: “The industry

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