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 and Airsynq and their projects were picked as theRead More

  Olatunde Dodondawa The Federal Government of Nigeria has secretly gazetted subsidy removal on premium motor spirit (PMS) otherwise called petrol without the involvement of key industry stakeholders. According to an investigation by Borderless News, a leading online newspaper, on March 20, 2020, with the approval of President Muhammadu Buhari, GCON,Read More

The Nigerian National Petroleum Corporation (NNPC) has extended for six months its contracts with private companies to swap crude oil for fuels, two sources familiar with the contracts told Reuters yesterday. In July 2019, in order to continue its exchange of crude oil for refined fuel, the Nigerian National PetroleumRead More

Following the deregulation of the downstream sector of the oil and gas industry with attendant increase in pump prices of petroleum products, the Nigerian National Petroleum Corporation (NNPC), has said alternative energy sources, especially Compressed Natural Gas (CNG) stations will be built across the country. In March this year, theRead More

The Nigerian Oil and Gas Technology, NOGTECH sponsored by the Nigerian Content Development and Monitoring Board, NCDMB has commenced the 3-day hackathon stage from Thursday in Lagos, with 15 teams contesting for the opportunity to emerge among the top five finalists. Upon emergence, the top five teams will undergo aRead More

Petroleum Tanker Drivers (PTD) have ordered an immediate halt of lifting and distribution of petroleum products from Lagos to the northern part of the country until further notice. In a statement by its National Chairman, Otunba Salimon Oladiti, PTD said the action became necessary following the decision of the NigerRead More

The Shell Petroleum Development Company (SPDC) says it has grown its oil output to an average of 514,000 barrels per day (bpd) and developed an additional capacity to produce more. Mr. Osagie Okunbor, the Chairman of Shell Companies in Nigeria disclosed the production data in the oil firm’s 2020 briefingRead More

OpeOluwani Akintayo Lagos — The Civil Society Legislative Advocacy Centre, CISLAC has expressed concern over the ongoing cleanup in Ogoniland, Niger Delta, especially the 70 percent completion claim alluded to by the Hydrocarbon Pollution Remediation Project, HYPREP. During a media update briefing on Tuesday, the civil society group’s Executive Director, AuwalRead More

  Yemisi Izuora The Nigerian National Petroleum Corporation, NNPC, has disclosed that its legal team has saved the country about $5 billion. The Litigation Team of the Corporation,  has also won the Leading Case Counsel Team of the 2020 Africa Arbitration Awards. In a statement the Corporation’s Group General Manager,Read More

Port Harcourt — Ekpeye Oil, Gas and Pipelines Host Families Association, says the Memorandum of Understanding, signed between Niger Delta Petroleum Resources, NDPR, and the host communities of Ogbelle, Obumeze, and Oshibokor, is not functional. Chairman of the Association, Chidi Dogini, who disclosed this, accused the oil firm of deploying whatRead More