Oil & Gas
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Wood Plc sold to Dubai engineering firm
Scottish oil and gas giant, The Wood Group has been sold to international engineering and design firm based in Dubai,…
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Stakeholders seek urgent action on oil spill in Niger Delta communities
Stakeholders in the Niger have called on the federal government to initiate immediate action on oil spills in communities in…
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Reps to probe rehabilitation of Nigerian refineries after $18bn turnaround maintenance disbursement
House of Representatives has resolved to urgently investigate the current status of Nigeria’s non-functional refineries, despite the federal government reportedly…
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OPEC to moderate market supply to avoid oil price fall
The Organisation of Petroleum Exporting Countries (OPEC) says it is streamlining production output to prevent fall in oil prices. The…
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NUPRC announces rise in Nigeria’s oil rig count
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a significant increase in the country’s rig count from eight in…
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Chevron appoints new CEO, targets new global oil field discoveries
Multinational oil corporation, Chevron, has appointed Mike Wirth the head of Global Exploration as its Chief Executive Officer works to…
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Seplat to revive stranded gas assets to accelerate LNG production
Seplat Energy has announced that it is getting closer to commercial agreement for a new gas development. According to the…
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Nigeria, Morocco establish $25bn gas project company
The Nigeria-Morocco $25 billion gas pipeline project has got to an advanced stage with the creation of a dedicated project…
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Oil producing communities celebrate Innoson founder at 65
Anambra State chapter of the Host Communities of Nigeria Producing Oil and Gas, HOSTCOM, has celebrated its grand patron and…
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PENGASSAN strike led to 16% oilproduction loss, says NNPC
The Nigerian National Petroleum Company Limited (NNPCL) has revealed that Nigeria lost 16 percent revenue losses due to the suspended…
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