Industry

· Posts ₦296bn from petroleum products sales By Teddy Nwanunobi The Nigerian National Petroleum Corporation (NNPC), on Monday, disclosed that it recorded a total crude oil and gas export sales of $219.75 million in May 2021.…
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This is the sixth oil and gas industrial park, under the portfolio of NOGaPS By Teddy Nwanunobi The Nigerian Content Development and Monitoring Board (NCDMB), under its Nigerian Oil and Gas Park Scheme (NOGaPS), has commenced…
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By Teddy Nwanunobi Shell has said its research and development (R&D) strategy is aligned with Nigeria’s 10-year strategic roadmap for local content being implemented by the Nigerian Content Development and Monitoring Board…
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The Nigerian Content Development and Monitoring Board (NCDMB) has commenced activities to develop an oil and gas industrial park in Ilaje, Ondo State under its Nigerian Oil and Gas Park Scheme (NOGaPS). A team from the Board…
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The Executive Secretary of the Nigerian Content Development and Monitoring Board, NCDMB, Engr. Simbi Wabote, has received the African Leadership Magazine (ALM) African Local Content Icon Award in recognition of his dedication and…
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The Federal Government, through the Department of Petroleum Resources (DPR) has said it will generate N3.2 trillion revenue by the end of December this year. With improved revenue outlook, including signature bonuses, the Chief…
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Shell says its research and development strategy is aligned with Nigeria’s 10-year strategic roadmap for local content being implemented by the Nigerian Content Development and Monitoring Board (NCDMB). The energy firm made this…
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By Teddy Nwanunobi The resolution of the corporate crisis that has engulfed London-listed oil firm, Lekoil (Cayman) Limited, may take longer than anticipated as Lekoil Nigeria begins legal action to address concerns on various…
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“This year, our revenue budget was N3.2 trillion. By the end of August 2021, we have generated up to 70 per cent" By Teddy Nwanunobi The Department of Petroleum Resources (DPR) has set a revenue generation target of N3.2 trillion…
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By Teddy Nwanunobi Contrary to 1.38 million barrels per day (mbpd) that Nigeria pumped in the month of July, the oil-rich West African nation pumped 0.11mbpd lower in the month of August. The latest Monthly Oil Market Report…
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