SPE activates smaller entities’ investments in less attractive areas to IOCs Business Hilights Mar 23, 2020 Chairman of Society of Petroleum Engineers (SPE) Nigeria Council, Joseph Nwakwue has advocated activation of smaller entities’…
How ready are IOCs in reducing methane leaks to tame emissions? Business Hilights Jan 28, 2020 More issues are still coming from the latest report published by the International Energy Agency (IEA) on best production models…
Mackenzie Report: Nigeria may not access ready $30bn investments in oil & gas Business Hilights Jan 24, 2020 Strong indications have suggested that the high targets of the Federal Government in oil and gas exploration investments from deep…
Gas: Reps pick hole in signed PSC law, seeks instant amendments Business Hilights Dec 2, 2019 Fresh discovery pointing to the fact the rushed oil and gas Production Sharing Contact (PSC) amendment Act recently signed into…
Negative fallouts of signed Production Sharing Contract law still rising Business Hilights Nov 21, 2019 Whereas the key targets by the Federal Government to take International Oil Companies (IOCs) by storm in packaging the recently…
$15bn investment, Nigeria’s competitiveness under threat over new d’water royalty Business Hilights Nov 4, 2019 Contrary to high hopes that the emerging regime of increased deepwater royalty payable by oil majors to the Federal Government…
IOCs shielding their operational data from NDR— NAPE President Business Hilights Oct 30, 2019 The President of the Nigerian Association of Petroleum Explorationists (NAPE), Ajibola Oyebamiji, has opened up on the dearth of…
Dockworkers’ 14-day ultimatum on salary arrears yet to receive FG’s attention Business Hilights Jun 17, 2019 Barely one week after the Maritime Workers Union of Nigeria (MWUN) issued a two-week ultimatum to the Federal Government to compel…
Ghanaian seeks mergers in local oil marketing firms to compete with multinationals Business Hilights Apr 17, 2019 The growing balkanization and proliferation of petroleum marketing companies in African oil producing countries is part of the…
NIMASA reads riot act to IOCs, says no more Cabotage waivers Business Hilights Oct 12, 2018 Following barrage of criticisms on the inability of the agency to disburse Cabotage Vessel Financing Fund (CVFF) amongst…