Industry

…as CAAF24 urges technology driven solution against climate change As part of ongoing effort to cushion the effect of fuel subsidy removal, the federal government has mapped out strategies aimed at establishing 1000 compressed…
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The Federal Government of Nigeria has projected the creation of 2.3 million jobs and a $17 billion boost to the nation’s GDP once President Bola Tinubu’s new oil and gas policies are implemented. These policies, unveiled on March 6,…
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On Thursday, March 13, Nigerians were again greeted with the news that the Port Harcourt Refinery would become operational in two weeks time. The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele…
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President Bola Tinubu has raised the contract approval threshold for the Nigerian National Petroleum Company (NNPC) Limited to a minimum of $10 million or its equivalent in Naira. In an executive order issued in Abuja, the President…
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Prof. Billy Okoye By William Emmanuel Ukpoju The Coordinator of Oil, Gas and Energy Marketing of the University of Abuja Business School, Professor Billy Okoye, has applauded the Nigerian National Petroleum Company Limited for…
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By Patience Chat Moses Promoters of Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility, UTM Offshore Limited, have urged the Nigerian Content Development and Monitoring Board (NCDMB) to invest equity in the project…
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According to the Nigerian National Petroleum Company Limited (NNPCL), the official pump price of petrol (PMS) in Nigeria is N617 per litre. This was after the removal of subsidy on the commodity by the government, which…
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By Saidu Abubakar The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe on Monday applauded President Bola Ahmed Tinubu, GCFR, for announcing three Presidential Executive…
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The Nigerian Upstream and Regulatory Commission has reacted to a report quoting an audit report that indicted it and others for non-remittance into the Federation Account. The Head, Public Affairs and Corporate Communications of the…
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The Nigerian National Petroleum Company Limited (NNPC) has successfully deactivated 6,409 illegal refineries in the Niger Delta region to combat oil theft. The Managing Director of NNPC Limited, Mele Kyari, revealed this on Monday…
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