Industry

By Fred Ojiegbe Engr. Simbi Kesiye Wabote FNSE, making his closing remarks at the event Modular refinery operators in the country have appealed for the intervention of the federal government on the need to adopt creative initiatives…
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Against the backdrop of the importance that the Petroleum Industry Act (PIA) has for Nigeria as a petroleum dependent economy, the Society of Petroleum Engineers (SPE), Nigeria Council, led by its Chairman, Prof. Olalekan Olafuyi, on…
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The Federal Executive Council (FEC) has given approval for the NNPC to enter into agreement with ECOWAS for the construction of the Nigeria-Morocco Gas Pipeline. Minister of State for Petroleum Resources, Timipre Sylva, briefed…
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The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr. Gbenga Komolafe, has said Nigeria lost about N434 billion (about $1 billion) to oil theft between January and March this year. …
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By Naomi Oleribe The President of Dangote Group, Aliko Dangote, has urged the government to ensure single-digit tax regime in the oil industry, in order to attract investment into Nigeria’s downstream sector, which has been losing…
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Alhaji Aliko Dangote, President, Dangote Group, has said the coming on stream of the Dangote Petroleum Refinery would expose Nigeria’s midstream and downstream sectors to the international markets. Dangote said the refinery being…
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is targeting a ramp up of the country’s crude oil output through its routine, technical process engagement with oil producing companies. Shut in wells are interrogated,…
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The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday congratulated an indigenous shipping company, Temile Development Company on the contract signing agreement with Hyundai Mipo Dockyard (HMD) for the construction…
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The Nigerian Navy says it has recovered stolen petroleum products worth N15 billion and deactivated 172 illegal refining sites in the Niger Delta region within the last seven weeks. No fewer than 45 suspects have been arrested in…
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Participants at the just concluded Nigerian Content Midstream and Downstream Oil and Gas Summit organized by the Nigerian Content Development and Monitoring Board (NCDMB) have beckoned on the Central Bank of Nigeria (CBN) to create a…
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