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Oil and Gas
833 posts
NNPCL, NCDMB, IOCs sign MoU to reduce contracting cycle
The Nigerian National Petroleum Company Limited (NNPC Ltd) has signed a Memorandum of Understanding (MoU) with the Nigerian…
WoodMac: European gas price to fall in summer 2024 on low demand
European gas prices are expected to fall 20% by mid-2024, compared with the current forward price curve, despite…
NOGASA decries incessant diesel price increase in market
The Natural Oil and Gas Suppliers’ Association of Nigeria (NOGASA) has raised alarm over the incessant increase in…
APPO to invest $5bn in African Energy Bank
The African Petroleum Producers Organisation (APPO) says it has committed $5billion dollars to the establishment of an African…
UK issues 21 carbon storage licenses
The North Sea Transition Authority (NSTA) has awarded 21 licenses to 14 companies under Britain’s first carbon storage…
NEITI advocates economic, social justice for oil producing communities
The Nigeria Extractive Industries Transparency Initiative (NEITI) has renewed the call for economic, environmental and social justice for…
NNPCL announces management changes, appoints new executives
. Partners Indorama on 800mscf gas supply, industrialisation The Nigerian National Petroleum Company Ltd. (NNPCL) on Saturday announced…
Enageed Resource inaugurates OML 148 Host Communities Development Trust Board
Enageed Resources Limited, a Sahara Group Company, has inaugurated the Host Communities Development Trust (HCDT) Board to foster…
‘Extremely risky’: OPEC criticizes IEA forecast that fossil fuel demand will peak before 2030
Oil producer group OPEC on Thursday sharply criticized the IEA’s forecast that demand for fossil fuels like coal, oil…
NCDMB, PTI, to close ranks to actualise capacity development mandate
The Nigerian Content Development and Monitoring Board (NCDMB) and Petroleum Training Institute (PTI), Effurun, Delta State, are set to formalise processes for…