ExxonMobil has committed $6.6 billion into exploration and other capital projects, indicating 69 percent up from the prior year.

THE Nigerian National Petroleum Corporation, NNPC, Total Upstream Nigeria Limited, TUPNI and her partners have concluded plans to move Egina Floating, Production, Storage and Offloading unit (FPSO) to site in December this year.

Foreign investors in Nigeria’s oil and gas sector have decried the high charges in Nigeria’s oil and gas free zones, saying the development would discourage efforts to attract investments and grow the country’s oil and gas reserves and production capacity.

Oil prices stabilised on Monday as worries over production losses were outweighed by concerns that trade disputes would reduce economic growth and hit global energy demand.

NIGERIA Union of Petroleum and Natural Gas Workers, NUPENG, has given insight into why the union reported the International Oil Companies, IOCs operating in Nigeria on International Labour Organisation, ILO, at the just concluded International Labour Conference, ILC, in Geneva, Switzerland

EXPORTS in the solid minerals sector hit N26. 9 billion in first quarter of 2018, as reported by the National Bureau of Statistics, NBS, on total foreign trade.

The Management of the Federal University of Petroleum Resources, Effurun, has handed over the site for the construction of 500 Kilowatt Solar Power project to the contractors of Rural Electrification Agency of the Federal Government, Messrs Metka West Africa.

ENVIRONMENTAL right activists in the Niger Delta region of Nigeria have faulted claims by the Joint Military Taskforce, code-named Operation Delta Safe that the force has started the implementation of safer measures in the destruction of illegal refineries in the region.

Pan-African explorer Oranto Petroleum is farming into two exploration blocks located onshore Zambia. Blocks 17 and 27 represent Oranto’s first investment in the country.

Customers of 11 plc formerly Mobil oil Nigeria plc, from the Western part of the country who participated in the ongoing “Mobil Peel and Win promo and raffle draws for Mobil Super 1000 4Litre range of lubricants,” had a field day last week as they carted away various gift items in the first draw held in Ibadan, the Oyo State capital.

The National Association of Liquefied Petroleum Gas Marketers has advocated for free distribution of domestic gas cylinders to Nigerians.

OIL services investor, Tein George, has said the absence of a clear national oil and gas policy in Nigeria was responsibile for perceived reluctance by International Oil Companies (IOC) to expand their investments in the country.

T here has not been much investment in the past few years mainly as a result of relatively low oil prices. But in this interview with UDEME AKPAN, Dr. Diran Fawibe, Chairman, International Energy Services Limited, disclosed that the current stability in the global market will culminate in increased investment.

Nigeria LNG Limited (NLNG) is planning to reinforce the Domestic Liquefied Petroleum Gas (LPG) market with a new LPG vessel which will boost volume and availability, as well as consolidate the company’s contributions to deepen the domestic LPG industry and increase consumption of the clean gas.

Raven Energy Limited (Raven) the Nigerian subsidiary of Raven Resources Group, a global player in the Oil, Gas, and Power industry have signed an exclusive Technical Services & Marketing Agreement (TSMA) with Emirates National Oil Company Limited (ENOC); a leading integrated global oil and gas player operating across the energy sector value chain.