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Industry
FG partners OTL to Sanitize Petroleum Sector
By Adaobi Rhema Oguejiofor
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said that it plans to work with the Oil Trading and Logistics (OTL) Africa Downstream in order to sanitize and drive!-->!-->!-->!-->!-->…
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NNPC Offers 9% Fund to Shipowners for Purchase of Crude Oil Vessels
By Moses Patience Chat
The Nigerian National Petroleum Company Limited (NNPCL) has offered a 9 percent fund support to shipowners in the Nigerian Maritime Administration and Safety Agency (NIMASA) for vessels that would be purchased!-->!-->!-->!-->!-->…
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Belemaoil to Construct New Oil Export Terminal in Rivers
By Moses Patience Chat
Belemaoil Producing Limited (BPL), an Indigenous oil firm in Nigeria and operator of the NNPCL/BPL Joint Venture, has announced its intentions to commence the construction of a new export terminal in Kula,!-->!-->!-->!-->!-->…
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Nigerian Oil-Servicing Firm Awards 50 Scholarships to African Postgraduate Students
By Moses Patience Chat
Kenyon International West Africa Limited, a Nigerian oil-servicing company has announced the award of scholarships to 50 post-graduate indigent and brilliant beneficiaries across Africa, for an online Mini MBA!-->!-->!-->!-->!-->…
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TotalEnergies to Invest $10bn for Gas Development in Iraq
By Yange Ikyaa
TotalEnergies and its partners are to invest approximately $10 billion (100% share) in Iraq after an agreement with the government to develop allotted gas fields.
The Iraqi Government and TotalEnergies have already!-->!-->!-->!-->!-->!-->!-->…
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Seplat Allocates N16.5mn Seed Money to 23 SMEs
By Moses Patience Chat
Seplat Energy PLC has allocated about N16.5 million to 23 growing entrepreneurs in the Small-scale and Medium Enterprises (SMEs) category as seed money under its Global Entrepreneurship Fellowship programme.
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NCDMB Performs Groundbreaking Ceremony for Glass Manufacturing Plant in Bayelsa
By Moses Patience Chat
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, has performed the groundbreaking ceremony of the first Glass Reinforced Expoxy (GRE) pipe!-->!-->!-->!-->!-->…
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NMDPRA to Formalize 1,000 Unlicensed Petroleum Retailers
By Moses Patience Chat
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has revealed its intentions to formalize the activities of about 1,000 unlicensed petroleum retail outlets in discussions in!-->!-->!-->!-->!-->…
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Nigeria Records Biggest Production Increase Among OPEC Countries in March
By Moses Patience Chat
Nigeria's crude oil production for March 2023 has increased to about 1.6 million barrels per day (mbpd), with the country recording the biggest increase for the Organisation of Petroleum Exporting Countries!-->!-->!-->!-->!-->…
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NUPRC Demands Strict Adherence to PIA by Oil and Gas Companies
By Adaobi Rhema Oguejiofor
The Commission Chief Executive (CCE) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, has demanded that oil and gas operators ensure strict adherence to the various!-->!-->!-->!-->!-->…
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