Nigeria’s active rig count has dropped significantly by 30 percent to seven in October 2020 as against 10 recorded in the previous month. The rig count is a reflection of the level of exploration, development, production and general activities taking place in the...
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The Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB), Sunday, approved an increase in the Nigerian Content Intervention (NCI) Fund to $350 million, representing a 75 percent increase in the fund from the current $200 million. In a statement in Abuja,...
Nigeria’s active rig count has dropped significantly by 30 percent to seven in October 2020 as against 10 recorded in the...
Vienna, Austria, 3 December 2020--The price of OPEC basket of thirteen crudes stood at $46.67 a barrel on Wednesday, compared with $46.72...
Nigerian President, Muhammadu Buhari unveiled 105 buses running on natural gas in the capital, Abuja, and pledged a million more within...
The Lebanon Ambassador, Hossam Diab, has disclosed, in Abuja, that pirates operating off the coast of Nigeria have allegedly abducted three...
The Federal Government is set to deliver 5 million solar systems to 25 million Nigerians previously not connected to the national...
The House of Representatives Ad-hoc Committee investigating the Nigeria LNG Train 7 project has observed that certain aspects of the project...
Global oil majors have slashed the value of their oil and gas assets by around $80 billion (60.05 billion pounds) in...
MaritimeTV December 2, 2020 The Federal Government has set up the Diving Governing Board to implement the provisions...
Vienna, Austria, 1 December 2020--The price of OPEC basket of thirteen crudes stood at $46.43 a barrel on Monday, compared with $46.79...
The Port Harcourt Zonal Office of the Economic and Financial Crimes Commission, EFCC, on Thursday received for prosecution, four suspected oil...