USTDA offers support for new LNG infrastructure in Nigeria

To boost Nigeria’s increased utilization of natural gas for power generation, local industry and additional economic growth, The U.S. Trade and Development Agency (USTDA)...

Gas critical to the development of Nigerian economy – Stakeholders

As the disruption in the global economy due to the Pandemic, leading to declining in oil prices due to low demand, stakeholders in the...

Eni says Covid-19 is reshaping global oil industry

Eni says Covid-19 is reshaping global oil industry Eni SpA became the latest oil company to cut its long-term price assumptions, saying the coronavirus pandemic...

Nigeria must do things differently to turn covid-19 to opportunities in oil industry’-DPR

.as over 600 companies applied for  57 marginal oilfields The Director, Department of Petroleum Resources (DPR), Engr. Sarki Auwalu, in this interview speaks on the...

Marginal field bid will grow Nigeria’s reserve and deepen local content

Marginal field bid will grow Nigeria's reserve and deepen local content The Department of Petroleum Resources (DPR) says that the 2020 Marginal bid round will...

DPR makes alterations to reduce risk of marginal oilfield disputes

… as FG hopeful of $5.7bn investment from marginal fields The Department of Petroleum Resources (DPR) , Director , Auwalu Sarki, has disclosed that Nigeria...

We need passage of regulatory framework for gas development-NLNG Boss

… as Train 7 project gets underway, NCDMB, NLNG hold EPC contract kick-off meeting The need to harness Nigeria’s gas by tackling some of the...

Global oilfield services demand set to decline by 25% in 2020

Global demand for oilfield services (OFS), measured in the total value of exploration and production (E&P) company purchases, is set for a massive 25%...

Delayed power deregulation not in Nigeria’s interest says Finance Minister

…as Amobi returns as NBET boss in reconstituted board   Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed has pushed for quicker deregulation of...

NEC says Discos should be audited before Siemens deal

Editor As part of efforts to ensure the efficient take-off of revamping the power sector, The National Economic Council said there is an urgent need...
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