…As CEO Total E&P Nigeria pays courtesy visit The Department of Petroleum Resources (DPR), Port Harcourt Zonal office, has urged the public to switch to gas as the use of DPK popularly known as kerosene is dangerous. Zonal Controller of DPR, Bassey Nkanga, who stated this explained that there was a tendency among some unscrupulous…
LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, is pleased to announce that, further to its announcement on 13 January 2020, it has reached an agreement with Optimum Petroleum Development Company, the Operator of the OPL 310 License, on deferring the company’s financial and operational obligations…
The Department of Petroleum Resources (DPR) Kaduna Zonal Office, on Tuesday confiscated 20 pieces of 12.5kg expired and burnt gas cylinders undergoing refurbishing for use. DPR officials also ordered the arrest of the owner of the welding shop where the cylinders were being refurbished and four others working with him. Operatives of the Nigerian Security…
The Nigeria Computer Society (NCS) on Monday called on the Federal Government and relevant agencies to implement policies to ensure cyber stability in the country. The professional body made the call in a communique issued at the end of a stakeholders’ meeting on National Cyber Security Challenges by NCS, Edinburgh Napier University, UK and Soft…
When the Nigerian Power Sector Reforms started in 2005, there was optimism that the country would get its act together within the next few years and increase its power generation, transmission and distribution to be able to meet the demands of its huge populace. The hope was hinged on the private sector’s involvement after the…
It is a pleasure to join you at this special side event organized as part of the UK-Africa Investment Summit. Let me congratulate the organizers, the Department for International Development (DFID) and Her Majesty’s Trade Commissioner for Africa for hosting us today. The DFID is a key strategic partner of the African Development Bank (AfDB.org)…
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has decried the activities of pipeline vandals whose nefarious act torched parts of the corporation’s pipeline network in Abule Egba area of Lagos State on Sunday which claimed lives and properties of innocent Nigerians. Fielding questions on an NTA morning…
The start-up of the massive Johan Sverdrup oilfield sent Norway’s oil production rising to a nine-year high in December 2019, beating the authorities’ forecast by 12.7 percent, data from the Norwegian Petroleum Directorate (NPD) showed on Friday. According to Oilprice.com, in December 2019, the third month of operation of Equinor’s Johan Sverdrup oilfield in the…
The Standard Organisation of Nigeria, SON, has cautioned the public to guide against 10 challenges affecting the Liquefied Petroleum Gas, LPG sector in Nigeria. In his presentation – The Role of SON in the LPG Sector – presented at the just concluded Lagos State Executive and stakeholders’ LPG Workshop in Lagos, Engr. Nwaoma Olujie, Group…
Oil and gas companies are facing a critical challenge as the world increasingly shifts towards clean energy transitions, according to International Energy Agency, IEA, report. Fossil fuels drive the companies’ near-term returns, but failure to address growing calls to reduce greenhouse gas emissions could threaten their long-term social acceptability and profitability. In a document sent…