PETAN at 30 : Tinubu, Lokpobiri, Ekpo, Sanwo-Olu, Ogbe ,others applaud association...

Ugo Amadi It was indeed a night of pomp and glamor at the 30th anniversary of the Petroleum Technology Association of Nigeria (PETAN) as stakeholders...

Nigeria’s Crude Oil Output to Increase as Shettima Inaugurates $315m FPSO in Dubai

*In Taraba, NNPC sensitises stakeholders on efficient use of petroleum products CHIGOZIE AMADI Nigeria’s crude oil production will rise by 30,000 barrels per day (bpd) as...

Oando raises oil production output by 50%

Oando raises oil production output by 50% CHIGOZIE AMADI Oando Plc says it has increased its crude oil production output by almost 50 per cent in...

Nigeria’s Offshore Oil, Gas Production Industry Projected to Hit $47bn by 2031

Nigeria’s Offshore Oil, Gas Production Industry Projected to Hit $47bn by 2031   CHIGOZIE AMADI The value of Nigeria’s offshore oil and gas production market will grow...

Military Pledges Full Support as FG Seeks End to Oil Theft, Raises Output

*Security forces plan security summit in Niger Delta *Lokpobiri: Quickest way to revamp economy is to produce, sell more crude  CHIGOZIE  AMADI The Nigerian military yesterday pledged...

Lokpobiri: Nigeria Has Lost $34bn in Oil Output Decline from Delayed Seplat-ExxonMobil Deal

•Says production from assets fell to 120,000bpd, from 600,000bpd  •Insists country’s output could rise to 5mbpd in 18 months Chigozie  Amadi Minister of State for Petroleum Resources...

In Major Move, Dangote Crashes Diesel Price to N1,000/litre from N1,200

Chigozie  Amadi In a move that has been described as ‘unprecedented’ ,  the Dangote Petroleum Refinery yesterday announced a further reduction of the price of...

Military aircraft bomb illegal refining sites in Rivers

Military aircraft bomb illegal refining sites in Rivers Chigozie Amadi The air component of Nigeria’s military’s special taskforce, “Operation Delta Safe’’ bombarded several illegal oil refining...

We’re taking steps to restore oil production shortfall, maximise well utilisation – Lokpobiri

We’re taking steps to restore oil production shortfall, maximise well utilisation – Lokpobiri Chigozie  Amadi The Federal Government says measures are being put in place to...

Niger, China seal crude oil deal worth $400m

Niger, China seal crude oil deal worth $400m   Chigozie Amadi Niger has signed a memorandum of understanding with Chinese state-owned oil giant China National Petroleum Corp...
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