Oil & Gas

By NJ Ayuk Four years have passed since the U.S. imposed sanctions on South Sudan’s oil industry. The goal had been to prevent oil money from funding the civil war that had been raging since 2013. By curtailing the ability of businesses and organizations to provide revenue for the South Sudanese government, U.S. officials reasoned, […]

By Eyo Nsima The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has disclosed that Nigeria’s oil output dropped below one million barrels per day in August 2022. According to the regulator, the daily average production for August was 972,394 barrels compared to 1.083 million barrels produced in July 2022. .Details coming later

By Eyo Nsima The Nigerian Navy, NN, has denied the involvement of MV HEROIC IDUN in the controversial three million barrels of Nigeria’s crude oil. The vessel was arrested a few days ago and is currently interrogated by authorities in Equatorial Guinea in connection with oil theft. But Commodore Adedotun Ayo-Vaughan, Director of Information, said

By Eyo Nsima Atlas Oranto has confirmed its participation at African Energy Week 2022 as a diamond sponsor, where the firm looks forward to providing an update on its oil and gas projects as well as growth plans across Africa. In a statement obtained by The Daily, www.thedaily-ng.com, the African Energy Chamber (AEC), the voice

By Our Correspondent Trinity Energy, South Sudanese petroleum retail services firm, will be participating at this year’s edition of African Energy Week, AEW, as a gold sponsor, shaping discussions on the challenges and opportunities within the sector. According to African Energy Week (AEW), the conference and exhibition, Africa’s premier event for the oil and gas

By Our Correspondent The National Petroleum Corporation of Namibia will attend the African Oil Week, AEW 2022 as a platinum sponsor, shaping discussions around making energy poverty history on the back of oil, gas and green hydrogen. According to AEW, “Following two sizeable oil and gas discoveries made this year as well as the launch

By Eyo Nsima The Nigeria Customs Service, NCS has faulted the Nigerian National Petroleum Company (NNPC) Limited’s ‘60 million litres daily’ consumption claim. The comptroller-general of Customs, Hammed Ali, disclosed this said this during a session with the house of representatives committee on finance on the 2023-2025 medium-term expenditure frame and fiscal strategy paper (MTEF/FSP)

The National Petroleum Investment Management Services (NAPIMS) has described the deep-water operations of Shell Nigeria Exploration and Production Company Limited (SNEPCo) as best in class. The Group General Manager of NAPIMS, the investment arm of the Nigerian National Petroleum Corporation Limited (NNPC), Mr. Bala Wunti, gave this commendation when he led his leadership team on