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    Production cut: Sylva visits 4 OPEC countries > oil and Gas

    Category: oil and Gas

    Production cut: Sylva visits 4 OPEC countries
    oil and Gas

    Production cut: Sylva visits 4 OPEC countries

    Rabi'u Sani Ali February 19, 2021

    By Edith Ike-Eboh The Minister of State for Petroleum Resources, Chief Timipre Sylva, has embarked on a four-day journey to some Organisation of Petroleum Exporting Countries (OPEC) to discuss issues on crude oil production cut.…

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    Panic buying cause of queues at filling stations in Maiduguri – DPR
    oil and Gas

    Panic buying cause of queues at filling stations in Maiduguri – DPR

    Edith Ike-Eboh February 19, 2021

    By Yakubu Uba The Department of Petroleum Resources (DPR) says queues observed in some filing stations in Maiduguri are caused by panic buying by motorists on the assumption that the price of petrol would soon…

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    No plans to increase petrol price, NNPC assures Organised Labour, others
    oil and Gas

    No plans to increase petrol price, NNPC assures Organised Labour, others

    Afonne Emmanuel February 18, 2021

    By Edith Ike-Eboh The Nigerian National Petroleum Corporation (NNPC) has assured Organised Labour and Nigerians that there will be no increase in the price of Premium Motor Spirit (PMS) also known as Petrol in the…

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    Global oil sector needs $12.6t investment, says OPEC
    oil and Gas

    Global oil sector needs $12.6t investment, says OPEC

    Ifeanyi Nwoko February 18, 2021

    By Edith Ike-Eboh The Organisation of Petroleum Exporting Countries (OPEC) says the global oil sector needs about  US$ 12.6-trillion investment to enable it contribute to achieving future global oil demand.  The OPEC  Secretary General, Dr…

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    DPR to sanction sellers of PMS in Jerry cans
    oil and Gas

    DPR to sanction sellers of PMS in Jerry cans

    Afonne Emmanuel February 16, 2021

    By Obinna Unaeze The Department of Petroleum Resources (DPR) in Niger says it is uncomfortable with the operations of some marketers of petroleum products in the state who sell large quantity of Premium Motor Spirit…

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    NEITI boss thanks Buhari for opportunity to serve
    oil and Gas

    NEITI boss thanks Buhari for opportunity to serve

    Edith Ike-Eboh February 16, 2021

    By Edith ike-Eboh Mr Waziri Adio, Executive Secretary, Nigeria Extractive Industries Transparency Initiative (NEITI)  has thanked president Muhammadu Buhari for the opportunity to serve and contribute to the growth and development of the country Adio disclosed this…

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    WTO: OPEC congratulates Okonjo-Iweala on appointment
    oil and Gas

    WTO: OPEC congratulates Okonjo-Iweala on appointment

    Edith Ike-Eboh February 15, 2021

    By Edith  Ike-Eboh The Organisation of Petroleum Exporting Countries (OPEC), has congratulated Dr Ngozi Okonjo-Iweala, on her appointment as the Director-General of the World Trade Organisation (WTO). The OPEC Secretary-General, Dr Barkindo Mohammed, disclosed this…

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    Nigeria on course to end gas flaring by 2025 — minister
    oil and Gas

    Nigeria on course to end gas flaring by 2025 — minister

    Afonne Emmanuel February 15, 2021

    By EricJames Ochigbo The Minister of State for Petroleum Resources, Mr Timipre Sylva says Nigeria is on course to end gas flaring by 2025. Sylva made this known on Monday at a Public Hearing on…

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    NCDMB lauds Total for FID on ‘Ikike Project’
    oil and Gas

    NCDMB lauds Total for FID on ‘Ikike Project’

    Edith Ike-Eboh February 14, 2021

    By Nathan Nwakamma The Nigerian Content Development and Monitoring Board (NCDMB), has commended Total Exploration and Production (Total E & P) for its confidence in the Nigerian economy. Executive Secretary of NCDMB, Mr Simbi Wabote…

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    SPDC: Alleged underreported 2 million barrels of crude, false says DPR
    oil and Gas

    SPDC: Alleged underreported 2 million barrels of crude, false says DPR

    Rabi'u Sani Ali February 13, 2021

    By Nathan Nwakamma The Department of Petroleum Resources (DPR) has dismissed media reports that it uncovered a ‘missing  2 million barrels of crude’ in oil production records by Shell Petroleum Development Company (SPDC) between 2016…

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