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DPR Lists Ways To Fortify Nigeria Oil, Gas Sector

The Department of Petroleum Resources( DPR) has listed five ways to fortify the Nigerian oil and gas sector for economic stability and growth. The Director...

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Nigeria’s Proven Gas Reserve Now 206.53tcf, Says DPR

The Department of Petroleum Resources (DPR) says Nigeria’s proven natural gas reserve stood at 206.53 trillion cubic feet (tcf) as at Jan.1, 2021. Mr Sarki...

Business

FG, OCP of Morocco Sign $1.4bn Agreement on Gas Industrialisation

The Federal Government has signed a 1.4 billion dollar agreement with OCP Group of Morocco to produce ammonia and diammonium phosphate in the gas...

Business

Shell Opens Up On Alleged Involvement In Stealing 2M Barrels Of Crude At Bonny

By Dotun Akintomide The Shell Petroleum Development Company of Nigeria (SPDC) says allegations of involvement in oil theft at its Bonny Crude Export Terminal is...

Business

Court Blocks 20 Bank Accounts Owned By Shell Over Missing 1.02M Barrels Of Crude

By Abiola Olawale The Federal High Court in Lagos has granted an interim Mareva injunction directing 20 commercial banks to block accounts of Shell Petroleum...

Energy

Buhari To Inaugurate Oil and Gas Centre In Lagos, Thursday

From Segun Amure, (The New Diplomat's Abuja Bureau) The Nigerian government will on Thursday, 21 January inaugurate the National Oil and Gas Excellence Centre (NOGEC)...

Business

Pan-Ocean: Oil Magnate, Fadeyi, In Fresh Crisis As NUPENG, PENGASSAN Move To Cripple Oil Facilities

The National Union of Petroleum and Natural Gas (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have vowed to...

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