Nigeria to Run out of Oil in 52 Years, DPR says
If new crude oil discoveries are not made to add to Nigeria’s current reserves of 36.971 billion barrels (bbls),
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OIL & GAS
Saudi Arabia seeks Nigeria’s cooperation to stabilise global oil price
The Minister of Petroleum, Industry and Mineral Resources of the Kingdom of Saudi Arabia, Khalid Al-Falih, Wednesday, held
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Power sector loses N460.3bn in 2018
The estimated monetary loss in Nigeria’s power sector has risen to N460.3bn in 2018 alone. The data obtained from
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MOSOP celebrates Ken Saro-wiwa, others, demands end to environmental terrorism in Ogoni
The marginalised Ogoni people in Rivers State in the Niger Delta have given the Federal Government up till November
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Shell, ExxonMobil seek crude swap deals with Nigeria
Two oil giants that had previously exited Nigeria’s downstream sector, Shell and ExxonMobil, could sign crude-for-product deals with Africa’s
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Senate to Pass Gas Flaring Prohibition Bill next Month
The Senate Committee on Gas has assured Nigerians that the Gas Flaring Prohibition Bill would be passed into law
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Ogoni Cleanup to commence this month
The Federal Government has said the ‘Ogoni clean-up’ exercise will commence this month. Minister of Environment, Ibrahim Jibril, while
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Russia, UAE to partner NNPC for oil, gas development
The Russian Federation and the United Arab Emirates have expressed their readiness to expand their scope of partnership with
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