OPEC production cut and emerging realities!
In a report done for BloombergMarkets by BaileyLipschultz on the 17th of February, 2017 (last week), the online media submitted that Shale drilling is on a row as the Organization of Petroleum...
Baywood invests N35b in oil, gas sector
Baywood Continental Limited, a wholly Nigerian owned integrated oil and gas technical service company, has invested over $70 million (N35 billion) in key sectors of operations...
ExxonMobil’s one billion crude oil discovery spurs interest in government policies to grow reserves
As Nigeria’s crude oil reserves increased to 37 billion barrels, led by new discovery by ExxonMobil, the need for strategic policies capable of encouraging investment in exploration production becomes imperative.
Aiteo emerges Nigeria’s leading oil and gas company with record 90kpod output in 1yr
Integrated energy group Aiteo has announced a peak production of 90kpod just one year after its acquisition of sub-Sharan Africa’s reputedly largest onshore oil bloc OML 29.
Stakeholders call for incentives to increase investment in gas infrastructure, others
Stakeholders in the country’s oil and gas sector have urged the Federal Government to initiate appropriate incentives to attract more investment in gas sector.
Ikeja Electric moves against unethical practices
Ikeja Electric, one of Nigeria’s largest distribution company, has launched a concerted effort aimed at curbing unethical practices across its network and also encouraging customers to report such practices.
Nestoil promotes local expertise at conference
Nestoil Limited, the flagship company of the Obijackson Group - one of Sub-Saharan Africa’s fastest growing conglomerates, is participating in this year’s Nigerian Oil and Gas (NOG) Conference holding in Abuja.
Aiteo showcases local content capacity at Nigeria Oil andGas Conference
Integrated energy group, Aiteo today announced its sponsorship of the 16th Nigeria Oil and Gas (NOG) Conference and Exhibition and Nigeria Power Forum to be held on 27 February - 2 March 2017.