Tag Archives: Petroleum

An energy economist, Professor Ken Ife, has strongly criticised recent recommendations by the World Bank urging Nigeria to deepen fuel importation and fully liberalise its downstream petroleum sector, describing the advice as “ill-timed, backward and inconsistent with Nigeria’s own laws.”

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With over 20 years in Nigeria’s oil and gas industry, Idowu David, a seasoned  mechanical engineer and thought leader discusses solutions to pipeline vandalism, safety lapses, and regulatory gaps. In this interview with DAYO EMMANUEL, he advocates for digital tools, community involvement, modern infrastructure, and sustained Corporate Social Responsibility, drawing from his experience with Chevron and technical expertise in pipeline …

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Minister of Petroleum Resources(Oil), Senator Heineken Lokpobiri has said he was desirous of bequeathing the legacy of being the 'one Minister' who increased Nigeria's crude oil production ratio to four million(4million) barrels per day.

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The OPEC-Nigeria Bilateral Meeting that took place last week has sent yet another signal of the strong dialogue and cooperation between OPEC and Africa’s biggest producing country. Such a dialogue is key for compliance with the OPEC global production cuts deal of April, to which all of OPEC’s African member countries have agreed to. Nigeria’s support to global market stability …

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Over the weekend, Atlas Petroleum International has resumed work over activities and well interventions on OML 109 in Nigeria in order to enhance production from the Ejulebe marginal field. Awarded to Atlas Petroleum International in 1991, the block entered into production through the development of the Ejubele discovery in September 1998. OML 109 comprises 14 identified and mapped prospects and …

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The African Energy Chamber has urged the Organization of the Petroleum Exporting Countries (OPEC) members and other global oil producers to continue with the historic production cuts at the December 6, 2018 OPEC meeting. This is to stabilize the oil price in the global market, according to a statement on Friday. Oil prices have dropped by about 20 percent in …

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Photo Caption: From Left; Alex Tarka, Financial Secretary, Nigerian Association of Petroleum Explorationists (NAPE); Bola Adeeko, Head, Shared Services Division, The Nigerian Stock Exchange (NSE); Andrew Ejayeriese, President, NAPE; Nonny Nwogbo, Treasurer, NAPE and Anthony Ofoma, General Secretary, NAPE  during the Closing Gong Ceremony at the Exchange on Wednesday.

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