Monday, 23rd May 2022
Breaking News:


13 Nov 2019
With new gas discoveries within Nigeria and other African countries, the United States has stated that the Africa is projected to be the prime market for the surplus of gas that the U.S. shale is driving.
13 Nov 2019
Former President Olusegun Obasanjo has identified the need for collaboration among African countries, especially the oil-producing countries, in the area of technology and adoption of renewable energy for sustainability in the oil and gas industry.
13 Nov 2019
The Federal Government has been charged to end gas-flaring in the Niger Delta communities following its devastating impact on the health of the people and the environment.
13 Nov 2019
Stakeholders in the oil and gas sector in Nigeria have called for gender equality in the sector as a means to enhance sustainable development in the industry. The stakeholders, at the 4th Women-in-PENGASSAN (WIP) National Conference in Abuja...
10 Oct 2019
President Muhammadu Buhari says God has endowed both Nigeria and Algeria with natural resources, particularly gas and petroleum, and the two countries have no option than to cooperate with one other.
7 Oct 2019
Nigeria’s oil industry is understandably filled with expectations over the agenda of our new Oil Minister. Many industry executives and stakeholders believe that Timipre Sylva, sworn-in as the Petroleum Minister six weeks ago..
30 Sep 2019
Power generation is considered one of the key parameters used in measuring the extent of development of any nation even as research has shown a correlation between electricity consumption and Gross Domestic Product.
29 Sep 2019
Except urgent steps are taken, indications are that the country could lose its place as a top oil and gas producer due to decline in crude oil reserves and stagnating production level. This has hovered around 1.5 million to 2 million barrels per day in the last few years.
20 Sep 2019
Irish firm, Process and Industrial Development (P&ID), yesterday described as fraudulent the ruling by the Federal High Court, Abuja, ordering the forfeiture of all its assets to the Federal Government.
11 Sep 2019
This Standards Organisation of Nigeria (SON) has adopted10 American Petroleum Institute (API) Standards for the nation, in a bid to keep up with best international practices in the oil and gas sector.  
21 Aug 2019
The managerial run of the second term of President Muhammadu Buhari’s administration will begin this week with the announcement of portfolios and swearing-in of ministers-designate. 
10 Jul 2019
Indications have emerged that inability of the country’s power generation companies (GenCos) and distribution companies (DisCos) to keep the circular flow of energy to the end users hamper gas sector development. General Manager, Downstream Gas, Chevron Nigeria/Mid Africa, James Okereke, said that an enabling commercial framework, globally competitive fiscals, strong vital infrastructure and reliable operations,…


1 hour ago
Dr. Ken Opara has been sworn as the 22nd President/Chairman of the Council of the Chartered Institute of Bankers of Nigeria (CIBN) at an event attended by industry leaders, regulators and political office holders during which he pledged to restore ...
1 hour ago
A turnover of 3.021 billion shares worth N31.8 billion was recorded in 29,153 deals by investors on the floor of the Nigerian Exchange Limited last week.
1 hour ago
As political parties enter the decision week where delegates will determine flag bearers for the 2023 general elections, some presidential aspirants – in both the All Progressives Congress...
1 hour ago
The Minister of Finance, Budget and National Planning, Zainab Ahmed, and the Lagos State Governor, Babajide Sanwo-Olu, have advised underwriters in the country to pay claims promptly to retain public confidence.
1 hour ago
I am neither a prophet nor a clairvoyant, but from the manifestation in my crystal ball, I see Nigeria in 2023 being shaped by upheaval fueled by miseries and hopelessness.