Friday, 29th September 2023

oil sector

14 Jun
A group, Women in Energy Network (WIEN), has called for the speedy delivery of the benefits of the downstream oil sector, especially to poor Nigerians.
26 Apr
The current attention being shifted to gas in the face of the Ukraine and Russia war as well as the energy transition may fade sooner than expected if the agreement of the world’s seven richest countries (G-7) to prioritise renewable energy over gas is implemented.
8 Mar
The global oil and gas sector, last year, recorded about 32 cybersecurity attacks, a report published by an organisation, Tenable, has revealed. Among the 29 industries reported during the report, the oil sector falls to number 10 industry that remains highly vulnerable to cybersecurity threats.
27 Jan
Over 40 countries and thousands of oil and gas experts are billed to gather in Lagos to discuss emerging issues in the oil and gas sector amidst energy transition. The stakeholders would converge at the seventh edition of the sub-Saharan Africa International Petroleum Exhibition and Conference...
10 Aug 2022
The upstream segment of the petroleum industry is possibly the first target in the push against continuous use of fossil fuels. By halting funding for oil and gas exploration and production, most clean energy activists believe...
9 Aug 2022
Efforts are underway to ensure speedy issuance of midstream and downstream petroleum regulations, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said.
21 Nov 2021
The Federal Government yesterday raised hope for more investment in the upstream sector of the nation’s petroleum industry just as it reiterated that there would be no increase ...
31 Jul 2020
The Federal Government is to adopt industry-wide cost containment measure and aggressive capital allocation to key projects as part of efforts to mitigate the impact of the COVID-19 pandemic on the oil and gas sector.
9 Jul 2020
The Minister of State for Petroleum Resources Chief Timipre Sylva says the deregulation of the downstream oil sector was to ensure economic growth and development of the country.
6 Mar 2020
Poor improvement in almost all benchmarks or precepts used in measuring performance in the oil and gas sector has been attributed to the lack of transparency and weak fiscal intervention by regulators.
25 Dec 2019
Partnership between the Federal Government and indigenous oil players is expected to drive new investments in the oil refining space, as new modular refineries are expected to come on stream.
30 Oct 2019
Operators in the oil and gas industry value-chain have advocated increased adoption of steel drums as a safe means on storing low viscosity fluids and other hazardous chemicals used in the sector.


13 mins ago
Our youths are restive. We cannot pretend to be ignorant about this. Still, our political leaders choose to pretend about it and the danger it portends for the country and its future. Youths are potent forces for change – both positive and negative. When their anger boils over, it turns into a tsunami. The youths…
14 mins ago
Since 1960, when Nigeria became politically independent from the British colonial government, there has never been this level of despondency occasioned by economic hardship, rising poverty, insecurity and other forces widening the national fault lines.
17 mins ago
There are indications that some top officials of various sports federations participating in the ongoing 7th National Youth Games (NYG) in Asaba, Delta State, are under pressure not to send disqualified overaged athletes away from their various camps.
18 mins ago
Telecommunications operators are considering jettisoning uniform tariffs, especially on voice services in the country. The implication of the move, if implemented, is that subscribers would be charged differently for telephony services depending on their locations.
25 mins ago
Nigeria has the best balance sheet of natural endowments to natural hazards and disasters in the world. Its citizens must, therefore, “stop acting like spoilt brats” by embracing enormous opportunities and shunning “primordial sectional agenda”.