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Tag: Oil and Gas
DPR issues 13 licenses for modular refineries in Nigeria
According to The Nation report, The Nigerian National Petroleum Corporation ( NNPC ) yesterday said that out of the 35 interests that were indicated in...
‘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...
NLPGA to partner regulatory agencies on safety as DPR probes Lagos...
The Nigeria Liquefied Petroleum Gas Association (NLPGA), the umbrella body for the LPG industry in Nigeria, is collaborating with government regulatory agencies to prevent...
NNPC Targets Huge Investments in Nigeria’s Oil & Gas Industry
…As Search for Oil Continues in Sokoto, Other Basins
The Nigerian National Petroleum Corporation (NNPC) is eyeing massive investments in the nation’s Oil and Gas...
Nigeria not joining OPEC oil cap anytime soon
Indications are that Nigeria may not be joining the Organisation of the Petroleum Exporting Countries, OPEC’s oil output cap anytime soon as data obtained...
‘Exxon Mobil Key to Developing Ghana’s Oil & Gas Industry’ –...
The President of the Republic, Nana Addo Dankwa Akufo-Addo, says close co-operation between Ghana and the world’s largest publicly traded international oil and gas...
Chevron, SNEPCo, NNPC and NAPIMS to lead discussions at WAIPEC 2018
The Petroleum Technology Association of Nigeria (PETAN) has announced the first set of speakers to feature on the programme at the West African International Petroleum...
PIGB will check thieving in Oil industry-NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) says it is delighted with the passage of the Petroleum Industry Governance Bill (PIGB) into law by...
NNPC raises alarm over fake NETCO recruitment advert
The Nigerian National Petroleum Corporation (NNPC) on Thursday disowned advertisements on social media seeking for applications to fill phantom positions in the Engineering Department...
“How blockchain will affect oil, gas sector in Nigeria’
As emerging frontiers, especially digital ledger system also called blockchain become a more globally recognised solution, experts have called for frameworks that will enable...
Lukoil in talks with Petrobras over possible sale of Nigerian oil...
According to its CEO, Vagit Alekperov, Russia’s second-largest crude producer Lukoil is ready to expand its upstream portfolio with new or recently acquired assets...
NNPC begins direct fuel supply to independent marketers
The Nigerian National Petroleum Corporation has commenced the direct supply of Premium Motor Spirit, popularly known as petrol, to independent oil marketers in order...
Crude Oil prices hits $70
The price of brent crude oil rose to 70 dollars a barrel on Monday, supported by ongoing output cuts led by OPEC and Russia,...
Oil marketers calls for total deregulation of petroleum downstream sub-sector
The Independent Petroleum Marketers Association of Nigeria (IPMAN) and Depot and Petroleum Products Marketers Association (DAPPMA) have called for the total deregulation of the...
NGO enjoins government end epileptic power supply
The Muslim Media Watch Group of Nigeria, a Non-Governmental Organization, has appealed to the federal government to work towards ending erratic electricity supply in...
No Going Back On 50% Derivation Demand – Igali
A former Nigerian envoy to Japan and Equatorial Guinea, Ambassador Godknows Igali, has said that the people of the Niger Delta region would continue...
NIPCO offers market-friendly rates in 2018
Amidst the current fuel crisis in the country NIPCO has offered some soothing words to stakeholders, promising “market friendly rates” for all petroleum products...
WAIPEC 2018’ll focus on driving oil, gas through innovative strategies-Okoroafor
Dirisu Yakubu with agency reports
The second edition of the West African International Petroleum Exhibition and Conference (WAIPEC) 2018 will focus on new ventures in...
NNPC Signs MOU with Benue State on Bio-Fuels Project
Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said that the corporation doubled the daily supply of Premium...
House Committee raises alarm over continuous gas flaring in Niger Delta
The House of Representatives Adhoc Committee investigating revenue leakages in Nigeria’s oil and gas industry has frowned at the continuous flaring of gas in...