Tag: Nigeria Oil and Gas
‘Refinery licences expiration won’t undermine self-sufficiency plan’
Stakeholders in Nigeria’s downstream oil and gas sector have said the expiration of licences issued to investors to build private refineries will not hinder...
NNPC to build more depots nationwide
The Nigerian National Petroleum Corporation on Monday announced that it would build more depots across the country.
The Group Managing Director, NNPC, Maikanti Baru, disclosed...
PNC 2017: NCDMB to partner with Nigerian indigenous oil producers
The Nigerian Content Development and Monitoring Board (NCDMB) and the Independent Petroleum Producers Group (IPPG) will collaborate to deepen Local Content implementation in the...
PNC 2017: NCDMB releases N61.18bn for local development in Nigeria
A total sum of $200m (N61.18bn at the official exchange rate of N305.9 to a dollar) has been released to the Bank of Industry...
Nigeria, not an oil economy-Adeosun
Stories by Dirisu Yakubu with agency reports
Nigeria’s Finance Minister, Kemi Adeosun has faulted the description of Nigeria as an oil economy as erroneous, saying...
Nigeria, U.S. to strengthen ties in oil, gas sector
By Dirisu Yakubu with agency reports
The United States on Tuesday said it would encourage more of its firms to invest in Nigeria’s oil and...
OPEC Records 120% Conformity, As Nigeria Predicts Capping Production in 2018
By Oge Obi
The OPEC-Non-OPEC producing countries’ Joint Ministerial Monitoring Committee (JMMC) has stated that based on the report of its Joint Technical Committee (JTC)...
Nigeria Remains Investors Haven with High Returns on Investment, Kachikwu
By Oge Obi
The Minister of State for Petroleum Resources, Dr. Ibe Kackikwu has said that inspite of the seemingly challenges Nigerian business environment might...
FG to Conclude Refineries Repair Processes in 2018, Attain Self Sufficiency...
By Oge Obi
The Federal Government has disclosed that it would conclude the selection processes and announce the chosen private companies for the repairs, revamp...
Petroleum Technology Association of Nigeria (PETAN) Announces Details of Inaugural West...
Petroleum Technology Association of Nigeria (PETAN) Announces Details of Inaugural West African International Petroleum Exhibition and Conference (WAIPEC) to Launch in February 2017.
During the...
Shell Shuts Trans Niger Pipeline
The Trans Niger Pipeline in Gio, Tai Local Government Area of Rivers state has been shut by Shell Petroleum Development Company (SPDC) of Nigeria...
NNPC Pledges Support For Nigerian Gas Association
GMD, NNPC, Dr. Maikanti Baru
The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru on Thursday pledged the support of the...
Oil Production in Lagos, Significant Economic Boost for Nigeria-Ambode
…As RMAFC Committee Okays Four Aje Oil Wells For Lagos
…To Commence Disbursement of 13% Derivation Fund To State
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By Margaret Nongo-Okojokwu
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Lagos State Governor, Mr. Akinwunmi Ambode on...
Chevron Spends $3.6 Billion on Local Content
Chevron Nigeria spent $3.6 billion on Nigeria content in 2015 as part of its commitment to local capacity building in boosting local economies and...
Govt Urged To Encourage Women In Maritime, Oil And Gas Businesses
Managing Director, Lagos Deep Offshore Logistics base (LADOL), Dr. Amy Jadesimi has called on government at all levels to evolve policies that would encourage...
Nigeria Loses $5.9 billion to Oil Theft
Waziri Adio, the Executive Secretary, Nigeria Extractive Industries Transparency Initiative (NEITI), has revealed that Nigeria has lost over USD5.9billion in 2013 to oil theft.
According...
Government Needs a Multi-Dimensional Approach To Curb Pipeline Vandalism -Emeka Okwuosa
Recent attacks on oil and gas pipelines have cost Nigeria almost half of its daily crude oil production, in addition to denying power generating...
Review the Gas Master Plan, Frontier Oil boss tells FG
By Margaret Nongo-Okojokwu
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Chief Executive officer of Frontier Oil Limited, Mr. Dada Thomas has called for a review of Nigeria’s Gas Master Plan so as...
Nigeria’s Oil Output Rises To 1.9 Million Bpd Due To Repairs...
Oil production in Nigeria has risen to about 1.9 million barrels per day (bpd), from 1.6 million bpd, due to repairs and more than...
‘Nigeria’s Gas Sector Worth $55bn Of Investment Opportunities’- NGA
The President of Nigeria Gas Association (NGA), Mr. Bolaji Osunsanya has stated that the Nigeria’s gas sector has over $55 billion worth of investment...
