Archives Tag: petroleum
Brands We Love: TAG Energy
April 19, 2022
The oil and gas industry is a broad ecosystem of players, ranging from companies that prospect for and extract crude oil, to businesses that transport and distribute refined petroleum products to consumers. Each one of these is important; their interdependence on each other enables the industry to run as it should. Read more about … Continue reading Brands We Love: TAG Energy
President Buhari Plans To Scrap The NNPC And PPPRA
April 19, 2022
President Muhammadu Buhari has submitted the Petroleum Industry Bill (PIB) to the National Assembly for further consideration and possible passage. The version of the bill sent by the president to the National Assembly proposes the scraping of the Petroleum Products Pricing Regulatory Agency (PPPRA) and the Nigeria National Petroleum Corporation (NNPC). It seeks the … Continue reading President Buhari Plans To Scrap The NNPC And PPPRA
Why Oil is Important
April 19, 2022
Globally considered as black gold, oil is top on the world’s list of natural resources. From fueling autos to providing plastics, the uses of petroleum can go on and on about. With the increasing number of human population, we depend so much on petroleum to run smoother lives through faster means of transportation, mass production … Continue reading Why Oil is Important
By akeemajayi
The Chemistry of Oil
April 19, 2022
Petroleum is formed from the remains of prehistoric plants and animals (algae and zooplankton) that have been buried in sand and silt for long periods of time, under high temperature and pressure and in the absence of oxygen. As more and more fossil is buried under sand, the temperature and pressure increase and oxygen level … Continue reading The Chemistry of Oil
By akeemajayi
Petroleum Contributed N1.942t to GDP in Q3 2015
April 19, 2022
According to a recent National Bureau of Statistics report, the oil and gas sector contributed a sum of N1.942 trillion to the nation’s Gross Domestic Product (GDP) in the third quarter of 2015, as reported by the Vanguard. The breakdown was as follows:Â Crude Petroleum and Natural Gas sub-sector accounted for N1.845 trillion, an increase from … Continue reading Petroleum Contributed N1.942t to GDP in Q3 2015
By ify
Current Nationwide Fuel Scarcity Predicted to Continue till December
April 19, 2022
The ongoing nationwide fuel scarcity could continue till December as predicted by petroleum product marketers. Punch News cites the N413 billion subsidy arrears by the Federal Government, which is still awaiting clearance at the National Assembly, as a cause provided by interviewed marketers. A delay will be caused by the perfecting of paper work at this stage, asides getting … Continue reading Current Nationwide Fuel Scarcity Predicted to Continue till December
By ify
Nigerian Students Bag Awards at Shell Eco-marathon
April 19, 2022
The Shell Eco-marathon South Africa is an initiative that seeks to inspire young people around the world to develop new approaches and energy efficient solutions to the future of mobility. This year, the competition brought 20 participating teams from different high schools and universities in South Africa and within the African continent who registered for … Continue reading Nigerian Students Bag Awards at Shell Eco-marathon
By mary-odunuga
Books ECONOMY Energy News Research
Canada-based Professor Launches Book on Oil Theft in Nigeria
April 19, 2022
A Professor of Criminology at the University of Alberta, Canada, Temitope Oriola, has launched a book on kidnapping of oil workers in Nigeria. The book, In Criminal Resistance? The Politics of Kidnapping Oil Workers, explores circumstances responsible for abducting oil workers, and reasons for it. This brings to the fore another challenge in Nigeria’s oil … Continue reading Canada-based Professor Launches Book on Oil Theft in Nigeria
By sheyi
