Merger, a viable option to drilling contractors—-Ashley Dejo
For more liquidity and sustainability, merger and acquisition has been recommended for drilling operators in the downstream sector of the oil and gas industry. This…
Category: OIL & GAS
Drilling: China is committed to integrate into existing framework… Chu Maoming
In a speech at the Nigeria Chapter Conference of the International Association of Drilling Contractors, IADC, Chu Maoming, Consul General, Chinese Consulate in Nigeria says…
N2.6m burnt daily through gas flaring–DPR
Department of Petroleum Resources, DPR, on Thursday May 30 lamented the huge daily revenue loss of about N2.6 million through gas flaring in the Niger…
Nigeria’s gas reserves hit 200.79 trillion cubic feet–Ladan
Nigeria’s gas reserves have increased by 7.3 per cent from 187 trillion cubic feet (tcf) to 200.79 tcf in 2019. This was the revelation of the Director…
Fuel scarcity hits Lagos, Akure, Abuja
Fuel queues have returned to Lagos as many petrol retail outlets in some parts of the state shutdown their stations, leading to long queues in…
NNPC rehabilitates Port Harcourt refinery
Nigeria’s effort at ensuring local sufficiency in refined petroleum products has been bolstered with the formal commencement of the first phase of the rehabilitation of…