Oil & Gas

By Godswill Odiong The 11th Practical Nigerian Content (PNC) Forum will take place between 5-8 December 2022 in Uyo, Akwa Ibom State. It is 11 years since the enactment of the Nigerian Oil and Gas Industry Content Development, NOGICD Act, and many strides have been made in developing domestic capacity that has spurred new business […]

By Eyo Nsima Again, Nigeria has failed to win a $1.1 billion compensation claim in an Italian court over Oil Prospecting Licence (OPL) 245. The appeals court in Milan, Italy, on Friday, rejected Nigeria’s request for $1.1bn compensation from Shell and Eni, the two IoCs that bought the oil block from Malabu Oil & Gas

By our Correspondent A Bulk carrier SAKIZAYA ELEGANCE suffered engine failure under 15 July Martyrs Bridge, Bosphorus, Istanbul, at around 0200 LT November 11, 2022, according to FleetMon. It stated: “Bulk carrier SAKIZAYA ELEGANCE suffered engine failure under 15 July Martyrs Bridge, Bosphorus, Istanbul, at around 0200 LT Nov 11, while transiting the Strait in

The Depots, and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has called on the government to give petroleum marketers access to foreign exchange at the official Central Bank of Nigeria (CBN) rate to enhance the supply and distribution of Premium Motor Spirit (PMS) across the nation. Speaking at a press conference in Lagos, DAPPMAN Chairman,

Professional and trade associations under the oil and gas value chain have declared their readiness to participate fully in the upcoming Nigeria International Energy Summit (NIES) scheduled to take place in Abuja from April 16th to 20th, 2023. The associations include Independent Petroleum Producers Group (IPPG), Nigerian Gas Association (NGA), Petroleum Technology Association of Nigeria