GPPSL clinches NIPS ‘Oilfield Services Company of the Year’ for the third consecutive time The Global Process and Pipeline Services Limited (GPPSL), has clinched the Oilfield Services Company of the Year 2020 award at the 4th Edition of the Nigeria International Petroleum Summit (NIPS) held recently in Abuja. The company was adjudged the best […]
Kola Adesina, Executive Director, Sahara Group has said the World Trade Organisation (WTO) needs to galvanise the interest and support of various stakeholders to promote equitable global trade relations and energy access in Africa where almost 600 million live without electricity. Adesina who spoke on ‘Redirecting the World Trade Organisation’ at the virtual 2021 Horasis
Sahara Group urges WTO to promote equitable trade, access to energy Read More »
An oil spill has occurred in Obiakpu community in Ohaji/Egbema Local Government Area of Imo State allegedly caused by leakages from crude oil pipelines owned by Nigeria Petroleum Development Company (NPDC) and operated by Shell Petroleum Development Company (SPDC) (SEE VIDEO). The spill resulted in an inferno which raged continuously for three (3) days –
…Project will generate 6,000 jobs, Says Kyari The Minister of State for Petroleum Resources, Chief Timipre Sylva has commended President Muhammadu Buhari for his giant strides in the Niger Delta which is making a huge impact on the people of the area. The Minister made this known on Friday while speaking at a ceremony to
Brass Products Terminal: Sylva hails Buhari’s impact in Niger Delta Read More »
Nigeria’s proven gas reserves hit 206.53TCF — DPR By Eyo Nsima The Department of Petroleum Resources (DPR) says Nigeria’s proven natural gas reserve stood at 206.53 trillion cubic feet (tcf) as at Jan.1, 2021. Mr. Sarki Auwalu, Director, DPR, made the announcement on Thursday in Abuja at the 2021 Nigeria International Petroleum Summit. The new
Nigeria’s proven gas reserves hit 206.53TCF — DPR Read More »
Price of Nigeria’s Bonny Light hits $71.73 per barrel as output stands at 1.344 mb/d By Eyo Nsima The price of Nigeria’s Bonny Light has risen to $71.73 per barrel from $70.60 recorded on Wednesday as the Organisation of Petroleum Exporting Countries, OPEC moves to achieve stability in the global market. This showed over $31.73
Price of Nigeria’s Bonny Light hits $71.73 per barrel as output stands at 1.344 mb/d Read More »
The Nigerian Senate has commended the Nigerian National Petroleum Corporation (NNPC) for its efforts towards entrenching transparency and stamping out corruption from its system. The commendation was given by the Chairman of the Senate Committee on Anti-Corruption and Financial Crimes, Senator Suleiman Abdu Kwari, at a hearing held at the National Assembly Complex, Abuja, to
Senate extols NNPC Anti-Corruption efforts, drive towards profitability Read More »
The Director/CEO, DPR Engr Auwalu Sarki received the President, Nigeria Liquefied Petroleum Gas Association, Mr. Nuhu Yakubu, and his Executive team on a courtesy visit to DPR Head office, Abuja on Wednesday. The NLPGA President stated that the reason for the visit was to congratulate the Director/CEO on the numerous achievements witnessed in the oil
NLPGA executives visit DPR Director/CEO in Abuja Read More »
Technology will play a key role in ensuring Nigeria stays cost-competitive in today’s oil market, Mr. Roger Brown, Chief Executive Officer of Seplat Plc, has said. The Seplat CEO said this in his keynote address titled, “Oil Market Forum: Who Is In Control?” at the ongoing 2021 Nigerian International Petroleum Summit (NIPS) in Abuja. With
Technology, very germane to Nigeria’s competitiveness in oil market – Seplat CEO Read More »
Nigeria LNG Limited (NLNG) has signed 10-year LNG Sales and Purchase Agreements (SPAs) with three offtakers for the domestic supply of Liquified Natural Gas (LNG) in country. The Company will supply 1.1 Million Tons Per Annum (MTPA) of LNG on DES basis to Asiko Power Limited, Bridport Energy Limited and Gas-Plus Synergy Limited. The SPAs
NLNG signs Sales and Purchase Agreements to supply domestic LNG Read More »
