Industry

Nigeria’s quest for massive indigenous participation in the nation’s oil and gas industry has received a boost as Pacegate Energy and Resources Limited (PEARL), launched an ultra-modern manufacturing plant where drilling chemicals,…
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…Deal to Yield Over $780million in Immediate Revenues to Government The Nigerian National Petroleum Corporation (NNPC) and its Production Sharing Contract (PSC) partners - Shell Nigeria Exploration and Production Company (SNEPCo), Total…
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The Nigerian Content Development and Monitoring Board (NCDMB) said on Tuesday that it had committed a total of $332million under its commercial ventures partnership programme with a view to attracting project developments in-country valued…
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· NCDMB promises two additional modular refineries · NNPC woos potential investors By Teddy Nwanunobi The Minister of…
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The Department of Petroleum Resources (DPR) has charged stakeholders in the African oil and gas industry to rise to the challenge of harnessing the over 125 billion barrels oil reserve and 625 trillion cubit feet (tcf) of natural gas…
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…Asks FG to create platform to engage illegal refiners The Federal Government has been asked to create a platform with which to engage with the mini, illegal, refiners with a view to mainstreaming them into the formal processes of crude…
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Nigeria’s annual in-country retention from oil and gas spendings currently stands at $6 billion. The development has been described as a major achievement recorded by the country owing to the implementation of the Nigeria Oil and Gas…
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Platform Petroleum has become a gas supplier of some reckoning in the Nigerian domestic gas market. The marginal field operator currently supplies 22Million standard cubic feet of gas per day (22MMscf/d) to a pipeline operated by the…
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Economic activities at Twon Brass, hosts to Agip’s Oil Export Terminal in Bayelsa have remained grounded as residents continued to occupy the premises of the oil firm even after power supply had been partially restored to the community. …
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…Opening Ceremony, Dinner To Hold At State House Banquet Hall The Federal Ministry of Petroleum Resources has reiterated that the Nigeria International Petroleum Summit (NIPS) will hold as scheduled, from June 6 to June 10, 2021…
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