The fourth edition of the Nigeria International Petroleum Summit (NIPS 2021) will be a pan-African platform to chart the way forward for the oil and gas industry on the back of production adjustments, COVID-19 induced economic downturn and an energy transition that leaves no one behind, Nigeria minister of state for petroleum resources,…

Prof. Wumi Iledare, a Professor of Petroleum Economics, on Tuesday urged the Federal Government to ensure adequate preparation before the introduction of the use of Compressed Natural Gas (CNG) in the country.

Iledare, a former President, Nigerian Association of Energy Economics (NAEE), said this in an interview with the news…

The relevance of the Petroleum Products Pricing Regulatory Agency (PPPRA) and the Petroleum Equalisation Fund (PEF) is deemed lost in the face of full deregulation of the downstream sector of the Nigerian oil and gas industry.

Consequently, the National Provost of the Independent Petroleum Marketers Association…

The 1,800 inhabitants of Assikro and Nanan Assouakro in the Moronou region of Ivory Coast have been connected to the national electricity grid.

The work was financed by the Ivorian state to the tune of 267 million CFA francs, or around 421,000 euros.

Also, two localities in…

Chevron Invests $1.45bn in Nigerian content development – Report

Chevron Nigeria Limited (CNL) has disclosed that it invested $1.45 billion in Nigerian Content Development (NCD) in 2019.

The multinational Oil Company made the disclosure in its 2019 Corporate Responsibility Report.

According to the report,…

Hurray, the Organisation of Petroleum Exporting Countries, OPEC clocks 60! For OPEC it has been six decades of diligent and impactful drive for a stabilized global oil market.

The Organisation’s commitment, perseverance and sacrifice towards a balanced global oil market has earned it a great deal of influence – a…

The celebrations of Organization of the Petroleum Exporting Countries’ (OPEC) 60th Anniversary, which were originally scheduled this month in Baghdad where the Organization was founded, have been postponed.

The Organisation is an intergovernmental organization that was established on 14 September 1960 in Baghdad by its five Founder Members: Iran, Iraq, Kuwait,…

The Nigerian Content Development and Monitoring Board (NCDMB), in collaboration with Waltersmith Petroleum Oil Limited, will on Tuesday, September 15, 2020, host the Honourable Minister of Information and Culture, Alhalji Lai Mohammed at the Waltersmith Modular Refinery located at Ibigwe, Ohaji-Egbema Local Government Area of Imo State.

The 5000 barrels…

The coming on stream of the Dangote refinery may not offer Nigerians the much desired relief in the cost of premium motor spirit aka Petrol, Orient Energy Review has gathered.

Speaking on NTA "Good Morning Nigeria" on Monday, the Minister of State for Petroleum Resources, Timipre Sylva, said the pump…

The government of Uganda and Total Exploration and Production (Africa) have signed the Host Government Agreement (HGA) for the East Africa Crude Oil Pipeline (EACOP) project.

The ceremony which held at the State House Entebbe was presided over by President Museveni and witnessed by the Chairman, Chief Executive Officer of…