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NNPC Brings Down Per Barrel Production Cost

Nigeria's state-run NNPC revealed that is production cost per barrel of crude oil now at $23, down from $29 per barrel. The company’s per barrel price last month, at $29 per barrel, was one of the highest in the world.The NNPC “has driven ...

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Technology

Measuring the Depth of Refractory Inside Steel Wall

Every refinery invests a tremendous amount of time and money in planning a unit turnaround. Scheduling of the tasks, manpower and equipment has to be detailed and thorough. In order to plan, information is needed about the process system so that critical tasks can be planned to meet turnaround time constraints. Read More …

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  • Oil and Gas Assets Require: Unique Financial Management System

    Oil and gas asset financial management is unique in nature. It is not like other businesses, as in this business producers must work by following the exploration and licensing policy of host governments. Because oil and gas are considered national resources, operator produces and shares the profit with the host government. Identifying potential investment risks […]

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  • The Natural Gas and Renewable Energy Alternative

    In recent years, there has been increasing awareness regarding the palpable negative impact of climate change on our planet and the need to address it urgently and collectively. The ratification of the COP21 Paris Agreement and its entry into force in November 2016, illustrates this rising global concern and intention to mitigate this impact. Read […]

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