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19 Feb 2019
While many countries were frequently re-configured by schismatic replacement of the old by the new order through earthquakes and wars, there are also evidences of continual world renewal and societal development across civilizations from inter-continental migration. But it appears that only black Africa experienced emigration of human and material resources as migrants from other continents…
16 Feb 2019
Born in Lagos and raised in California, USA, Abisola Kola-Daisi is the founder and CEO of FH Luxury. An astute entrepreneur, she earned her first degree in Finance from California State University, Northridge in Los Angeles. Her work experience has spanned the banking, oil and gas, and shipping industries before deciding to follow her passion…
17 Dec 2018
ASPEN Energy, an integrated energy consultancy company will host its second roundtable in January 2019 in Lagos. With the theme: “Gas Business in Nigeria: Challenges and Opportunities,” the event would feature deliberations on the full spectrum in Nigeria. This range from the Nigerian gas master plan-the journey so far, to financing natural gas projects in…
5 Dec 2018
Succour has come the way of the oil and gas industry as its efforts at communicating issues to stakeholders has received a boost after a lingo compendium was reintroduced to the public with reinvigorated and well researched information containing clear and detailed definitions that are extensively cross referenced, and handy for quick and easy understanding…
19 Oct 2018
Minister of State for Petroleum Resources, Ibe Kachikwu, Lagos State governor, Akinwunmi Ambode and other local and international players in the oil and gas sector will next week discuss solutions to the challenges confronting oil and gas product manufacturing in Nigeria and Africa. The Institute of Oil & Gas Research & Hydrocarbon Studies, which disclosed…
16 Oct 2018
The Federal Government and other major stakeholders have identified challenges militating against Nigeria’s journey to a gas-based economy. They spoke at the Nigerian Gas Association (NGA) 11th International Conference and Exhibition yesterday in Abuja. The Minister of State, Petroleum Resources, Dr. Ibe Kachikwu, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti…
15 Oct 2018
The Minister of state for Petroleum Resources, Dr Ibe Kachikwu, on Monday said the country was looking beyond the Niger Delta in its effort to find alternative source for gas supply. Kachikwu disclosed this at a breakout session at the ongoing Nigerian Gas Association 11th International Conference and Exhibition in Abuja. The minister was represented…
5 Oct 2018
The Nigerian National Petroleum Corporation (NNPC) yesterday said the country’s crude oil and gas export sales for June 2018 was $416.07 million, up by 35.78 per cent over the corresponding month of last year. Details of the June 2018 edition of the monthly NNPC Financial and Operations Report showed that crude oil exports contributed $274.95…
21 Sep 2018
Aspirants to the office of President of the Federal Republic of Nigeria in the 2019 Election will have a chance to marshal their plans and programmes for the oil and gas sector of the economy and convince the electorate of their capacities and abilities to ensure economic growth and development of the country. Given the…
9 Sep 2018
Among other reasons, the Petroleum Industry Bill (PIB) introduced about 17 years ago was intended to create a legal and regulatory framework, institutions and regulatory authorities for the petroleum industry and set guidelines for the operation of the country’s petroleum sector, which has remained the country’s highest revenue source, accounting for over 80 per cent…
28 Aug 2018
Anticipated increase by 200,000 barrels of oil per day to Nigeria’s oil production (approximately 10 per cent of the country’s total oil production) received impetus following the successful sail-away of the Egina Floating, Production, Storage and Offloading (FPSO). This comes on the heels of latest report from the Organisation of the Petroleum Exporting Countries (OPEC),…
22 Aug 2018
There are indications that the global intelligent completion market, currently standing at about $1.61billion, will hit $2.16billion by 2023, at an annual growth rate of 6.05 per cent. Intelligent completion is a process where permanent downhole sensors and surface-controlled downhole flow control valves are integrated to enable users monitor, evaluate, and actively manage production (or…

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19 mins ago
Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) has debunked reports that it has endorsed former Lagos State governor Bola Tinubu for president. The secretary-general of the association Alhaji Baba Ngelzarma said in a statement on Wednesday that members of the association who endorsed Tinubu did so as individuals. "We want to make it clear…
37 mins ago
Jihadist attacks in northern Ivory Coast have ramped up hostility towards the Fulani, a mainly Muslim ethnic group that some accuse of providing the bulk of the raiders. Friction and suspicion are almost palpable in Kafolo, a small town near the border with Burkina Faso where jihadists have struck twice in less than 18 months,…
4 hours ago
The Federal Government, in collaboration with Pan-African Manufacturers Association (PAMA), has announced plans to boost intra-Africa trade currently at 13 per cent, noting that with African Continental Free Trade Agreement...
4 hours ago
There would be dire consequences, the Organised Private Sector (OPS) stated, yesterday, in reaction to Federal Government’s suspension of the planned withdrawal of the subsidy regime announced on Monday.
4 hours ago
The International Monetary Fund (IMF) has raised its forecast on Nigeria’s output growth this year to 2.7 per cent, from 2.6 per cent projected in October.