Reduction in forex has no impact on petroleum pump price – Expert
An Oil and Gas expert, Mr Emmanuel Iheanacho, has said the improvement observed in the value of the naira, would not bring about an […]
oil and gas
Port Harcourt refinery to resume production end of March – Kyari
The Group Chief Executive Officer, Nigerian National Petroleum Corporation Ltd (NNPCL), Mr Mele Kyari, on Thursday said the Port Harcourt refinery would begin production […]
NNPC Chief Mele Kyari highlights energy security’s role in wealth creation
By JOY ADARA, Abuja – The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Mr. Mele Kyari, says no public […]
Shell poised to upscale investments in deep water, renewables
Shell has said it is working to extend the life of its Bonga Floating, Production, Storage, Offloading vessel by another 15 years. This would […]
Nigeria’s potential can produce 2.2 mln oil bpd – NUPRC boss
The Chief Executive, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr Gbenga Komolafe, says Nigeria has the potential to produce 2.2 million bpd as against the […]
NUPRC, industry stakeholders meet to fine-tune strategies for oil & gas sector
By OLA MUDOPE, Lagos – In its avowed bid to drive and grow sustainable investments in Nigeria’s upstream for energy security and national economic […]
Shell to sell Nigerian onshore oil business
Shell said it has reached an agreement to sell its Nigerian onshore subsidiary, the Shell Petroleum Development Company of Nigeria Limited (SPDC), to Renaissance. […]
NNPC Ltd generates N4.5trn revenue in 10 months
The Nigerian National Petroleum Company Limited (NNPCL) has generated N4.5 trillion as revenue for the federation for 2023 as at October, its Group […]
COP28: NNPCL seals LNG deals for domestic, international markets
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has signed two major agreements to deliver Liquefied Natural Gas (LNG) to the domestic gas market […]
Tinubunomics and revenue generation from expatriates’ employment, By DIEKOLA MODUPE
The media is somewhat awash with reports about broadening the government’s income base. It is commonsensical to grow inflow, flowing from the extant, age-old, and […]
NOSDRA deploys aircraft, 5 vessels to contain spill at TotalEnergies Egina field
The National Oil Spills Detection and Response Agency (NOSDRA) has deployed an aircraft and five vessels to contain the oil leakage from Egina […]
Bayelsa Oil Communities lament bottlenecks in PIA implementation
Oil bearing communities in Bayelsa have bemoaned prolonged delays in the implementation of the host community fund component of the Petroleum Industry Act (PIA). Representatives […]
NCDMB, SLB partner universities to unveil software solutions for oil and gas industry
By MBAFAN ADE, Abuja – The Nigerian Content Development and Monitoring Board (NCDMB) and SLB, a global technology company on Tuesday in Lagos […]
Akpabio: I’m hopeful Nigeria will meet OPEC crude oil quota soon
The president of the Senate, Dr Godswill Akpabio, says with careful planning and execution, Nigeria can meet the Organisation of Petroleum Exporting Countries (OPEC) […]
Shell’s EA host communities in Bayelsa reject clustering in Devt Trust
Seven communities at the Shell Petroleum Development Company (SPDC) Estuary Area (EA) in Bayelsa, have insisted on their autonomy in development matters. The communities in […]
NNPC Ltd, NCDMB, IOCs sign MoU to reduce contracting cycle
The Nigerian National Petroleum Company Limited (NNPC Ltd) has signed a Memorandum of Understanding (MoU) with the Nigerian Content Development and Monitoring Board (NCDMB) and […]
UNGA 78: NNPCL signs up to UN Global Compact
The Nigerian National Petroleum Company (NNPC) Limited. has signed up as a participant of the United Nations Global Compact, thereby becoming the first state-owned oil […]
NUPRC issues ultimatum on 3% remittance to oil communities
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has threatened to revoke the licences of oil operators who failed to remit the three per cent statutory […]
Our gas plant is not shut down – NLNG
The Nigeria LNG Ltd. (NLNG) says the operation at its plant on Bonny Island is ongoing, despite a Force Majeure that is still in effect. […]
Oil and gas expert proposes solution to end gas flaring in Nigeria
By ORKULA SHAAGEE, Abuja – Nigeria can overcome the challenges of environmental hazards posed by the exploration activities in the Oil and Gas industry, […]