Five innovative teams were selected on Saturday as the winners of the Nigerian Oil and Gas Technology (NOGTECH) Hackathon sponsored by the Nigerian Content Development and Monitoring Board (NCDMB).

The teams are Fuel Intellisense, Homefort Energy, Gricd Mote, Kiakia Gas…

Out of over 300 companies that applied for the rehabilitation of oil pipelines and deport infrastructure across the country, Nigerian National Petroleum Corporation, NNPC said that only 78 made the list to proceed to the bidding phase.

The Over 300 companies had applied through the official portal published in the…

The Rivers State government and energy company, the Shell Petroleum Development Company of Nigeria Limited (SPDC), in Port Harcourt on Thursday, inaugurated the Egi/Igburu Cluster Development Board (CDB) for pipeline communities to SPDC’s Assa North Gas project.

The SPDC’s Assa North Gas project has a capacity for 300 million standard…

Saudi energy minister, Prince Abdulaziz bin Salman has warned OPEC+ compliance laggards, saying that failing to execute pledged production cuts was undermining the alliance’s efforts to rebalance the oil market.

“Repeated promises that are not carried through in a timely fashion may have temporary positive impact,…

A gas expert, Leye Falade, a general manager at Nigeria LNG (NLNG) has said that production of Africa’s natural gas projects are crucial to the energy transition and economic development in the region.

Falade who spoke at ADIPEC Energy Dialogue, said that natural gas can be used to power industrialisation…

Africa Oil Week (AOW) has listed Nigeria’s Oando Energy Resources as one of the organisations that will be projecting the country’s vast gas potentials and attractive opportunities open to investors as the AOW gathers regional and international stakeholders on October 8.

Organisers of the event said in a statement that…

All agreements being used in Nigeria’s gas market would be reviewed to be in tandem with present day market realities, the Gas Aggregation Company of Nigeria Limited has said.

The company said in a statement last weekend that the review had become necessary in order to attract investors to the…

The Paris-based International Energy Agency (IEA) has slashed its 2020 outlook by 200,000 barrels per day (bpd) to 91.7 million bpd in its second downgrade in many months.

The agency trimmed its 2020 oil demand forecast citing caution about the pace of economic recovery from the pandemic.

The policy empowering oil marketers to fix petrol price in accordance with a market based pricing regime for petrol has been gazetted by the Petroleum Products Pricing Regulatory Agency. Then gazette was issued in March 2020, Orient Energy Review has learnt.

The PPPRA had in March this year declared that…

   … Saves $5.4bn in Court Cases

The Nigerian National Petroleum Corporation (NNPC) said on Wednesday said that its legal team has saved about $5.4 billion in court cases through the victories it recorded in four court judgments involving the company.

A statement by the Corporation’s Group…