August 23, 2026
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Oil & Gas

Shell restates commitment to Research, Development in Nigeria

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Shell restates commitment to Research, Development in Nigeria Energy giant, Shell, has said its research and development strategy is aligned with Nigeria’s 10-year strategic roadmap for local content being implemented by the Nigerian Content Development and Monitoring Board (NCDMB). Managing Director of the deep-water business of Shell in Nigeria, Mrs Elohor Aiboni, said Shell Nigeria […]

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DPR generates N2.24trn in 8 months, targets N5trn in December

DPR generates N2.24trn in 8 months, targets N5trn in December

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DPR generates N2.24trn in 8 months, targets N5trn in December By Eyo Nsima The Director of the Department of Petroleum Resources, DPR, Engr. Sarki Auwalu has disclosed that the department has generated 70 per cent of its N3.2 trillion (N2.24trn) revenue in the first eight months of 2021. Auwalu who made the disclosure during a

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DPR generates N2.24trn in 8 months, targets N5trn in December

DPR generates N2.24trn in 8 months, targets N5trn in December

Leave a Comment / Oil & Gas /

DPR generates N2.24trn in 8 months, targets N5trn in December By Eyo Nsima The Director of the Department of Petroleum Resources, DPR, Engr. Sarki Auwalu has disclosed that the department has generated 70 per cent of its N3.2 trillion (N2.24trn) revenue in the first eight months of 2021. Auwalu who made the disclosure during a

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The Gambia launches ambitious renewable energy projects

Leave a Comment / INTERNATIONAL, Oil & Gas /

By Miguel Artacho Although The Gambia is actively exploring offshore areas to tap into hydrocarbons potential and aims to position itself as one of the new oil producing countries in the MSGBC Basin; by no means is fossil fuel development the only area in which the Gambian authorities are looking to boost the dynamism of

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Africa Capitalworks stakes equity investment in Dorman Long

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Africa Capitalworks stakes equity investment in Dorman Long By Eyo Nsima Africa Capitalworks, ACW, a Sub-Saharan Africa-focused private equity company, Wednesday, made a significant equity investment in Dorman Long Engineering Limited, DLE. DLE, an indigenous company, which provides high value engineering services, fabrication, asset management and galvanising services to a range of high quality international

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BREAKING: Oil prices fall to $73.07 per barrel despite dropping inventory

OIL MARKET: Bonny Light, other crudes prices hit over $72 per barrel

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By Eyo Nsima The price of nation’s Bonny Light and others have risen to over $72 per barrel in the international market folowing the laatest report of the over the International Energy Agency, IEA. According to the report, there would be a strong rebound in global oil demand from October, 2021, especially because of a

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PIA: DPR, others collapse website, NUPRC takes over

DPR reopens 8 tank farms sealed by LASPPA

Leave a Comment / Oil & Gas, The Nation /

The Department of Petroleum Resources (DPR) has reopened eight petroleum tank farms shutdown by the Lagos State Physical Planning Permit Authority (LASPPPA) in Ijegun-Egba, Satellite Town, Lagos. Mr Ayorinde Cardoso, Zonal Operations Controller, DPR, Lagos Zone, who directed the reopening of the depots said the agency lacked the constitutional power to shut them down because

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

Angola’s ANPG launches permanent offer program to increase oil and gas exploration in Angola

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Angola’s National Oil, Gas and Biofuel’s Agency (ANPG) Administrator César Paxe officially announced the Agency´s efforts to increase oil and gas exploration at AOG 2021; A new permanent offer program will allow ANPG to negotiate the exploration of available petroleum-based resources throughout the year without the need for a tender announcement; The announcement was made

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SHELL COMMITS $1M TO SUPPORT FLOOD VICTIMS IN THE NIGER DELTA

SHELL trains 40 Imo youths for Assah North-Ohaji South Gas Project

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  SHELL trains 40 Imo youths for Assah North-Ohaji South Gas Project A leading energy company, The Shell Petroleum Development Company of Nigeria Limited (SPDC) has commenced a one-year professional and vocational training for 40 youths from the SPDC Joint Venture host communities of the Assa North and Ohaji South gas project in Imo State.

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