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‘OPEC+ still positioned for oil market intervention’

Posted on August 2, 2021

Sopuruchi Onwuka The league of world’s key petroleum producers hosted in the Organization of Petroleum Exporting Countries (OPEC) and its non-member allies are still positioned to apply supply modulation mechanisms in protecting…

Kyari Assures AKK Gas Pipeline Project ‘ll Be Delivered on Schedule, Create Prosperity

Posted on July 29, 2021

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has assured that the ongoing 614 nkilometres Ajaokuta-Kaduna-Kano (AKK) gas pipeline project would be delivered on schedule, create…

NCDMB, NNPC contend on either sides of cost balance

Posted on July 29, 2021

Sopuruchi Onwuka The two key agencies of government with mandates on value derivation from the petroleum industry are pulling industry players towards different and separate dividend propositions, creating position gaps that pose…

COVID sparks search for effective malaria vaccine

Posted on July 29, 2021

Sopuruchi Onwuka Riding on a wave of successes in rapid development of vaccines for the dreaded coronavirus disease, a number of global pharmaceutical giants have reactivated processes for research and development in…

MRA berates DSS over Kanu’s trial

Posted on July 26, 2021

Media Rights Agenda (MRA) today condemned the reported approval by the Department of State Services (DSS) of a list of 10 media houses whose reporters would be allowed to cover the trial…

Downstream oligopoly strives against PIB

Posted on July 18, 2021

Sopuruchi Onwuka The ancient demon that causes scare in government’s failing attempts at commercial deregulation of the domestic fuel market appears to have crept in the Petroleum Industry Bill (PIB); the omniscient…

Auwalu bags Valuechain awards

Posted on July 18, 2021

Director and Chief Executive Officer of Department of Petroleum Resources, Engr. Sarki Auwalu,  has bagged the Chief Executive Officer of the Year Award at the Fourth Valuechain Lecture and Awards in Abuja….

OPEC+ maintains grip on global supply, records 113% compliance

Posted on July 18, 2021

Sopuruchi Onwuka Global petroleum market factors, the Organization of Petroleum Exporting Countries (OPEC) and its allies, have registered positive control of crude oil supplies towards the twin targets of adequately fuelling socio-economic…

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