Tuesday, September 27, 2022
Home Upstream

Upstream

Our further response to SBAR oil spill- AITEO

Excerpts from Aiteo’s management statement on further response to oil leak in its Santa Barbara, Southwest field, in Nembe Local Government Area...

The Ghana’s oil production set for decline in 2022

written by Kayode Ekundayo November 9, 2021 38 views 5 mins read The Ghana’s oil production is set to decline in 2022 as a...

NUPRC keen on increasing Nigeria’s crude oil production

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says its target is to increase Nigeria’s crude oil production from the current level of...

NUPRC elevates 195 staff

written by Kayode Ekundayo November 2, 2021 74 views 5 mins read NUPRC elevates 195 staff: The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has promoted...

OPEC+ ease production cuts return 2mb/d to the market

OPEC and its non-OPEC partners agreed on Tuesday to gradually ease production cuts with return of  2 million barrels a day (mb/d)...

Buhari restores ownership of OML 123, others to NNPC

President Muhammadu Buhari has approved the restoration of the leases on OMLs 123, 124, 126 and 137 to the state-run Nigeria National...

Total expects first oil from $500m Ikike field before December- Sangster

The Managing Director, Total E&P, Mr. Mike Sangster, has said the  company had made significant progress with the development of $500 million...

Chevron denies oil spill at Funiwa field in Bayelsa

Chevron Nigeria Limited, operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL (the NNPC/CNL JV), has denied...

Elumelu’s firm completes acquisition of 30% stake in SPDC’s OML 17

The Shell Petroleum Development Company of Nigeria Limited (SPDC), has completed the sale of its 30% interest in Oil Mining Lease (OML)...

NNPC Signs Pact with Partners to Resolve OML 130 Dispute

…Resolution Will Immediately Unlock about $510million of Gas Revenue In its bid to meet the target of revving up production to 3million...

FG Inaugurates Gas Transportation Network Code to Boost Gas Penetration

The Sate-run Nigerian National Petroleum Corporation (NNPC) has restated its commitment to working with relevant partners and stakeholders in the Oil and...

Dangote Refinery, NDE Empower 200 Ibeju-Lekki Youths

The Dangote Refinery Group in collaboration with the National Directorate of Employment (NDE) has began a six-month skills’ acquisition programme for the...
- Advertisment -

Most Read

TCN RESTORES NATIONAL POWER GRID AFTER PARTIAL SYSTEM DISTURBANCE

The restoration of the affected part of the grid, according to a statement, commenced immediately at 11.55am with Osogbo/Ihovbor back to the grid followed by Jebba/Osogbo, Kainji/Jebba, Benin/Onisha, Shiroro/Kaduna, Shiroro/Katampe, and Alaoji/Ikot-Ekpene. Others are Lokoja/Gwagwalada, Odukpani/Ikot Ekpene, Benin/Omotosho, Oke-Aro/Ikeja west, Egbin/Oke-Aro and Kaduna/Kano.

Nigeria thrown into darkness as national grid collapses again

The system collapse which occurred at 10:51 am on Monday, 26th September,2022, has thrown the country into darkness.

Nigeria’s oil producers created 600,000 jobs in 60 years – Kennedy

He said: “We have continued to make significant contributions to Nigeria’s development. As a group, OPTS member companies account about 90 per cent of Nigeria oil production and contributes significantly to the domestic and export gas production and supply. Over the last decade, OPTS member companies accounted for 40-60 per cent of government revenue and 85 to 95 per cent of export earnings.

Nigeria needs $10m annually for transition into Green energy – Osinbajo

“When Nigeria gets this fund, in addition to capital flow from both government and private sector, local and international, it would then be able to address majority of the issues relating to Climatic Change in the country. Nigeria has made a case that it should be on the G7 panel partnerships which will attract significant funding.”