Economy Sub-Saharan Africa needs $40bn annual investment for energy transition—Osinbajo Chinazor Megbolu The nation’s Vice-President, Prof. Yemi Osinbajo has stated that the sub-Saharan Africa (SSA) will need a yearly investment of $40 billion ... By maritimemagMay 20, 20210
Headlines DPR counsels Africa to utilise oil, gas reserves for economic development Chinazor Megbolu The Director, Department of Petroleum Resources (DPR), Mr. Sarki Auwalu, has counseled African countries to utilise its oil and gas ... By maritimemagMay 20, 20210
Headlines FG assures passage of PIB won’t go beyond June 2021 Chinazor Megbolu The Minister of State for Petroleum Resources, Dr Timipre Sylva, on Tuesday assured that the passage of the Petroleum Industry ... By maritimemagMay 19, 20210
Headlines Kaduna in turmoil as NUPENG threatens to join NLC strike Segun Oladipupo There seems to be no respite in sight for the residents of Kaduna State as the Nigeria Union of Petroleum ... By maritimemagMay 19, 20210
Headlines Army quells hostility against oil facility in Odidi community over leadership tussle Chinazor Megbolu The Nigerian Army has quelled hostilities in Odidi, an oil rich community of Warri South West Local Government Area of ... By maritimemagMay 18, 20210
Headlines FG to restore mangroves in Ogoniland over oil spillage Chinazor Megbolu The Federal Government of Nigeria has said it will restore the mangrove in Ogoniland as a result of oil spillage over ... By maritimemagMay 17, 20210
Headlines NNPC seeks companies to operate, maintain Nigeria’s refineries The Nigerian National Petroleum Corporation has invited applications from companies qualified to operate and maintain three state-run oil refineries. NNPC said ... By maritimemagMay 16, 20210
Headlines NCDMB holds virtual oil and gas opportunity fair Chinazor Megbolu The Nigerian Content Development and Monitoring Board (NCDMB) has said that the 2021 edition of the Nigerian Oil and Gas ... By maritimemagMay 15, 20210
Headlines NLC warns goverment against removal of petrol subsidy The Nigerian Labour Congress on Thursday insisted that petrol subsidy must not be removed and that it would not shift grounds on this ... By maritimemagMay 15, 20210
Headlines Agip shuts down oil well in Bayelsa over oil spill The Nigerian Agip Oil Company (NAOC) on Wednesday confirmed an oil leak from its Idu oilfields at Egbebiri settlement within Biseni in Yenagoa ... By maritimemagMay 13, 20210
Headlines NUPENG directs members to proceed on strike in Kaduna over sack of 4,000 workers The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has directed its members to shut down services in Kaduna State with effect ... By maritimemagMay 13, 20210
Economy Elumelu denies UBA funded OML 17 acquisition Chinazor Megbolu The Chairman, Heirs Holdings, Mr. Tony Elumelu, has denied that the United Bank for Africa (UBA) funded the acquisition of oil ... By maritimemagMay 7, 20210
Headlines Crude oil price hits $65.85 per barrel after OPEC+ meeting Barely 24 hours after the Organisation of Petroleum Exporting Countries, OPEC, and Non-OPEC meeting, Tuesday, the price of Nigeria’s Bonny Light has risen ... By maritimemagMay 1, 20210
Headlines NNPC assures continued financial obligations to FAAC The Nigerian National Petroleum Corporation (NNPC) has clarified that the revenue projection contained in the letter to the Accountant General of the Federation ... By maritimemagMay 1, 20210
Headlines House Committee canvases more funding for NPDC Chinazor Megbolu The House of Representatives Committee on Gas Resources has canvassed for more funding for the operations of the Nigerian Petroleum Development ... By maritimemagApril 29, 20210
Headlines DPR boss bags Oil and Gas Innovative award Chinazor Megbolu The Director, Department of Petroleum Resources (DPR), Mr. Sarki Auwalu has bagged “Oil and Gas Innovative Award”. The award was presented ... By maritimemagApril 29, 20210
