By Taoreed Alaba A major problem bedeviling the Oil and Gas sector today is the issue of pipeline vandalism. This trend which started in the 80s has refused to yield any possible solution as the incessant sabotage of Oil and Gas facilities continue to have negative impact on the distribution of petroleum products across the [...]

By Monday Osaneku According to geoscientists, Nigeria crude oil reserve is estimated to be over 40billion barrels and over 600trillion cubic feet (c ft) of gas reserve, which place Nigeria as the 3rd country with enormous gas deposit that are yet to be tapped. In the past, exploration and exploitation of crude oil were mainly [...]

By Felix Douglas In the beginning, Nigeria has the third largest refinery capacity in the whole of Africa. With four refineries, she could boast of installed capacity of 445,000 bpd behind only South Africa with 540,000 bpd and Egypt with about 774,900 bpd. For more than a decade, after the installation of these refineries, Nigeria [...]