Tag: Industry News
NCDMB begins construction of C/River Oil, Gas park
The Nigerian Content Development and Monitoring Board (NCDMB) has begun the construction of the Nigerian Oil and Gas Park at Odukpani, Cross River State,...
NIPS 2018: Products pricing, Nigeria’s greater challenge – Kachikwu
The Minister of State for Petroleum Resources, Ibe Kachikwu, has described pricing as the nation’s greater challenge adding that this is so because people...
NIPS 2018: NNPC Calls for Collaboration among African Countries in Oil...
The Nigerian National Petroleum Corporation (NNPC) has called for closer collaboration among African nations not only in oil and gas but across all sectors...
Global energy market forecast favours gas – Tony Attah
The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Tony Attah, on Monday, said projections put gas in the top quartile...
Oil, gas to provide more than half of the world’s energy...
The Secretary General of the Organisation of Petroleum Exporting Countries, (OPEC), Mohammed Barkindo has said Oil and gas together are still expected to provide...
Manufacturers’ Daily Power Demands Hit 14,882MW – MAN
The Manufacturers Association of Nigeria (MAN) on Tuesday disclosed that the amount of electricity required by its members to carry out their respective manufacturing...
REA Electrifies Major Markets with Solar Power
The Rural Electrification Agency has commenced the electrification of major markets across the country with solar powered systems.
According to the agency, the project is...
‘Why Nigeria cannot implement local content 100%’
Crude oil production may be affected if the Nigerian Content Development and Monitoring Board (NCDMB), were to enforce full implementation of the Nigerian Oil and...
OPEC Secretary General to lead global oil & gas players at...
The Secretary General of the Organisation of the Petroleum Exporting Countries (OPEC), Dr. Mohammed Sanusi Barkindo, will be leading other global oil and gas...
Dreg Waters Empowers Children at Tarkwa Bay Community
By Margaret Nongo-Okojokwu
Dreg Waters Petroleum and Logistics successfully completed its 2017 corporate social responsibility project with a high impact Christmas event for hundreds of children at...
Gbaramatu Monarch Urges Gov’t to Kick Start Maritime University
The Pere of Gbararmatu Kingdom, His Majesty, Oboro-Gbaraun 11, Aketekpe, Agadagba, Warri South West Local Government Area of Delta State and His Royal Majesty,...
Ministers of Transport, Finance Target 1% CISS Fund for New ICT...
By Oge Obi
The Transportation Minister, Hon. Rotimi Amaechi and his Finance counterpart, Mrs. Kemi Adeosun have commenced moves to access over $1 billion funds...
China Becomes World’s No.2 LNG Importer in 2017, behind Japan
China will become the world’s second-biggest importer of liquefied natural gas (LNG) this year as it overtakes South Korea, shipping data in Thomson Reuters...
Belemaoil to Build Floating Refinery, Create 12,000 Jobs
An indigenous oil firm, Belemaoil Producing Limited, has announced plans to provide additional 12,000 direct jobs in the oil and gas sector before the...
New Deepwater Projects Must Surpass Egina FPSO Integration – NCDMB
By Margaret Nongo-Okojokwu
New deep water projects in Nigeria must set new records beyond in-country integration of the Floating, Production, Storage and Offloading (FPSO) vessels,...
SNEPCo/Cameron Graduate Nine OJT Trainees
In fulfillment of their commitments to the development of Nigerian Content in the Oil and Gas Industry, Shell Nigeria Exploration and Production Company (SNEPCo)...
Fuel Crisis May Worsen As Price Hit N165 per Liter at...
By Oge Obi
The different strategies and efforts so far adopted by the Nigerian National Petroleum Corporation (NNPC) to tackle fuel supply situation and the...
NNPC, Total to Produce Oil from Egina Field at $20 per...
The cost of producing a barrel of crude oil from the Egina oil field by the Nigerian National Petroleum Corporation (NNPC) and Total Upstream...
ASTEVEN GROUP LAUNCHES FIRST SOLAR-POWERED RENEWABLE ENERGY ACADEMY
Asteven International Group, arguably the foremost indigenous renewable energy company in Nigeria, is set to launch the very first private sector financed comprehensive renewable...
Nigeria’s oil, gas sales rose to N1.22trn in 2017
…oil export dips by 2.4% in fourth quarter
Nigeria crude and oil gas sales rose sharply to N1.22 trillion in 2017, according to data obtained...
