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Global oil discoveries fall to lowest level in 70 years
Global oil discoveries fell to a record low in 2016, as companies continued to cut spending, and conventional oil projects sanctioned were at the lowest level in more than 70 years...
10 May  
OPEC records high level of output freeze compliance
10 May  
The Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC), reported that based on the Report of the Joint OPEC-Non-OPEC Technical Committee (JTC), for the month of March...
Nigerdock boosts local content, graduates 48 professional trainees
10 May  
As part of its commitment to improve the Nigerian local content for the energy sector, Nigerdock, through its Training and Development Academy, has recently graduated...
BEDC harps on data collection 
10 May  
Data collection on work-related accidents and diseases is very important for analyzing and preventing accidents and occupational diseases at the workplace, Benin Electricity Distribution Plc (BEDC) has said. 
Indigenous firms achieve great feats in oil exploration, production
19 Apr  
Indigenous companies are beginning to develop capacity to compete with International Oil Companies (IOCs), which have dominated the exploration and production of oil and gas in Nigeria for decades.
Nipco outlines growth strategies for Nigeria’s downstream petroleum business
19 Apr  
NIPCO Plc has outlined measures being put in place by the majority shareholders of the newly acquired Mobil Oil Nigeria Plc, to make the deal a game changer in the downstream industry.
Upgrading Kainji dam and improving electricity
29 Mar  
Kainji dam is one of Nigeria’s oldest dams generating roughly 500 megawatts of electricity in 2017 for a nation with a population around 170 million!
Darkness tariff!
22 Mar  
Nigeria, a country in the tropical region of the world is now in the dry season. In this dry season, the hydroelectric power plants are working at dry season capacity! The coal-fired power plants are almost redundant while solar is mostly generated by private institutions and personalities who can presently afford it. This leaves the…
OPEC production cut and emerging realities!
8 Mar  
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...
Producing through recession
15 Feb  
Production of crude oil and subsequent storage happens only after a well has been drilled and completed where a profitable accumulation of the black gold has been found.
Gas producers kick against JV cash call obligation
9 Nov 2016  
Stakeholders in the Nigeria gas sector have emphasised the need for the Federal Government to desist from Joint Venture (JV) funding, which gulped over $3.09 billion in the last one year.
Seven Energy signs $112 million PRG with government
9 Nov 2016  
Seven Energy International Limited (Seven Energy) has signed a $112 million Partial Risk Guarantee (PRG) with the Federal Government for the supply of natural gas ...
Abandoned wells and radioactive materials
9 Nov 2016  
A drilling operation is planned and designed in such a manner as to meet the objectives of the campaign safely, economically and in an environmentally friendly mode.