By Eyo Nsima THE Organisation of Petroleum Exporting Countries, OPEC, has disclosed that Nigeria produced 1.437 million barrels per day, mb/d, excluding condensate, in July 2021. In its July Monthly Oil Market Report, MOMR, obtained by The Daily, www.thedaily-ng.com, Vanguard, OPEC stated that the nation’s output was based on data it obtained from secondary sources.
JUST IN: Nigeria produces 1.4 mb/d in July— OPEC Read More »
By Godswill Odiong The Department of Petroleum Resources (DPR) has stated that the Nigerian Gas Transportation Network Code (NGTNC) introduced last year to guide open-access transportation of natural gas, has already attracted investment proposals of over $500 million. According to the Director, DPR, Sarki Auwalu, so far, the Department has received investment proposals for power
FG attracts $500 to Gas Value Chain through Network Code Read More »
In a bid to strengthen and reposition the Nigerian National Petroleum Corporation (NNPC) towards attaining global excellence and profitability, the Management of the Corporation has announced the promotion and redeployment of some staff to fill key vacant positions. In a statement released by the Corporation’s Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru
NNPC promotes, redeploys senior management Read More »
Operators in the upstream sector need to develop Nigeria-specific prorams to address the challenge of emissions in the march towards energy transition, Henry Menkiti, Chief Operating Officer, Asharami Energy has said. Speaking at the Society of Petroleum Engineers (SPE) International Conference and Exhibition, Menkiti said the nation has to establish a progressive strategy that guides
Asharami Energy urges emissions-cutting programs in upstream operations Read More »
117 young entrepreneurs from the Niger Delta have graduated from the Shell Nigeria LiveWIRE programme and have been awarded a N48m grant to either establish or expand their businesses. This brings to 7,913 the total number of beneficiaries of the youth enterprise development programme since its inception in 2003. Speaking at the graduation ceremony, Shell’s
Shell LiveWIRE beneficiaries get N48m grant Read More »
Seplat Energy Plc is committed to providing the required energy for Nigeria’s sustenance now and in the future given the country’s huge growth potential, Mr. Effiong Okon, the company’s Operations Director/Executive Director has said. Okon stated this during a panel session at the 44th edition of the Society of Petroleum Engineers (SPE) Nigeria Annual International
Seplat committed to Nigeria’s energy security, sustainable development Read More »
By Eyo Nsima The Nigerian National Petroleum Corporation [NNPC] has promised to support NIPCO Plc in its efforts, targeted at boosting investment in the gas sector. The Managing Director, Gas Aggregation Company of Nigeria , Olalekan Ogunleye, who visited the stand of the company at the recently concluded 2021 Gas Sector Stakeholders Forum in Kano
GAS DEVELOPMENT: NNPC promises support to Nipco Read More »
The Department of Petroleum Resources has been awarded the best exhibitors award at the 2021 Society of Petroleum Engineers (SPE) Nigeria Annual International Conference and Exhibition (NAICE) in Lagos. A statement issued on Friday by Mr. Paul Osu, Head, Public Affairs, DPR, on Friday in Lagos said the regulatory agency bagged the award for its
DPR wins Best exhibitors Award at 2021 SPE Conference Read More »
Oil spill occurred on August 7, 2021, at oil terminal pier operated by Caspian Pipeline Consortium in Yuzhnaya Ozereevka, Novorossiysk, Russia, Black sea, according to FleetMon. It stated: “Oil spill occurred on Aug 7 at oil terminal pier operated by Caspian Pipeline Consortium in Yuzhnaya Ozereevka, Novorossiysk, Russia, Black sea. “Oil spill covered some 200
Oil spill in Novorossiysk, circumstances remain unknown Read More »
The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of ₦43.57bn in April 2021 representing a 23.64% increase over the ₦35.24bn surplus it recorded in the previous month of March 2021. This is contained in the April 2021 edition of the NNPC Monthly Financial and Operations Report (MFOR), according to a press release
NNPC Records ₦43.57bn Trading Surplus in April Read More »