Oil firms saving costs through asset digitisation, optimisation, post-Covid-19

Chevron, Schlumberger already teaming with Microsoft to deploy tech-based processes Microsoft’s multi-cloud initiative to herald negative carbon emissions by 2030 By 2050 tech company to remove all emissions it produced since 1975 Ben Eguzozie, with wire report Digitalization and optimization of oilfield assets have emerged as the principal cost-cutting mechanisms as oil and gas companies […]

Unstable fiscal regime stifling Nigerian petroleum industry, says Kyari, NNPC GMD

  Reps committee assures of PIB passage soon Nigeria loses $21bn in divestments by IOCs   Mele Kyari, the group managing director of state-owned oil company, Nigerian National Petroleum Corporation (NNPC), has said the absence of a stable fiscal environment in Nigeria was inhibiting the growth of the country’s petroleum industry, especially the upstream sector.   Kyari, […]