Oil and Gas

OPEC’s Barkindo says Southern Gas Corridor changing energy landscape

Mohammad Sanusi Barkindo, the Organisation of Petroleum Exporting Countries, (OPEC) secretary general, has said the Southern Gas Corridor is changing…

Will rising oil prices, improved public sector salary payments stem the tide of high NPLs in banks?

The surge in non-performing loans among Nigerian financial institutions is yet to abate. However, there are speculations by market watchers…

‘Dearth of R&D hindering growth in Nigeria’s oil and gas sector’

Mayowa Afe is the President, Oil and Gas Trainers Association of Nigeria (OGTAN) - an independent umbrella group of training…

Nigeria’s state oil firm direct sale–direct purchase agreement helping to keep steady product supply

The direct sale-direct purchase agreement (DSDP), adopted by the Nigerian government, which replaced the controversial oil processing agreement (OPA), has…

Profit vs. Equity: The knotty 10% question in a Hostcom Bill

The Petroleum Host and Impacted Communities Bill currently undergoing legislative enactment proceedings at the National Assembly has become vexatious and…

Kenya joins league of oil exporting countries, flag-off export on Sunday

Kenya exported its first shipment of crude oil on Sunday, joining Uganda as the only two East African nations to…

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