NSC chairman seeks maritime stakeholders’ cooperation to actualise trade facilitation

The Chairman of the governing board of the Nigerian Shippers’ Council (NSC), General Salisu Inrahim (Rtd.) has called on stakeholders in the maritime sector...

OAS Helicopters signs MoU with Gulf Helicopters for Nigeria service

OAS Helicopters signed a MoU with Gulf Helicopters of the Middle East for the provision of services to the upstream oil and gas sector...

Indigenous firms’ annual investments may reach $1.5b by 2014

The indigenous operators in the nation’s petroleum sector may be bracing up for a big challenge in the next few months, if the legislative...

Navy parades four suspected pirates in Lagos

The Nigerian Navy on Tuesday paraded four suspected sea robbers who had allegedly hijacked a barge (huge boat) MV Crow, on August 14, 2013...

PENGASSAN blames kerosene scarcity on poor state of refineries

The Petroleum and Natural Gas Association of Nigeria (PENGASSAN) has blamed the scarcity of kerosene on the poor state of refineries. Its General Secretary, Bayo Olomoshule, said...

FG urged to review gas strategy as the US builds reserves

Nigeria’s gas market appears threatened as it faces potential competition from the United States(US). US’s decision to open up its gas resources for exploration will increase its...

Support gathers for PIB, as IOCs commit further to Nigeria – Membere

The Petroleum Industry Bill (PIB) is approaching its third reading, but its secure passage out of the legislative mire and into law is not...

Ten firms compete for Chevron’s onshore assets in the Niger Delta

About 10 Nigerian independent companies are said to be currently in the final battle for the acquisition of Chevron Nigeria’s 40per cent stake in...

NNPC, oil majors urged to bury pipelines deeper to check oil theft

The Nigerian National Petroleum Corporation (NNPC) and multinational oil companies operating in Nigeria’s oil and gas industry have been urged to bury the pipelines...

Eland cuts forecasts after delays in bringing Nigerian oil field on stream

Eland Oil & Gas, the Aberdeen-based firm active in Nigeria, has cut production forecast for 2013 after delays in its campaign to bring an...

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