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Industry
NNPC incurs N966bn expenses on pipeline repair, product loss in 5 years
The Nigerian National Petroleum Corporation has put money spent on pipeline repairs within the space of five years, including money lost as a result of product loss at N966 billion.
The explanation came in response to the query raised!-->!-->!-->…
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THE OLOIBIRI LECTURE:
Events Manager, SPE Nigeria Council, Udochukwu Akunna; Chairman, Olatunji Akinwunmi and Vice Chairman, Olalekan Olafuyi at the press conference On Way Forward for the Oil & Gas Industry Post COVID-19 preceding annual SPE Nigeria!-->!-->!-->…
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NNPC, Usmanu Danfodiyo University to Collaborate on Development of Energy Conversion, Storage
The Nigerian National Petroleum Corporation (NNPC) and the Usmanu Danfodiyo University, Sokoto, have pledged to collaborate on the development of energy inter-conversion and storage as a catalyst for Nigeria’s economic development and!-->…
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NCDMB Launches 2nd Phase of Project100
-By Fred Ojiegbe
The Nigerian Content Development and Monitoring Board (NCDMB) have inaugurated 40 companies as part of its Project 100 Supplier Development Programme.
Project100 which took root in January 2019 with 60!-->!-->!-->!-->!-->…
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Why Nigeria’s Energy Investment is Gaining Momentum
-Gideon Osaka
As calls intensify for diversification of Nigeria’s economy from oil to other sources of revenue, the country’s energy investment is also gathering huge momentum.
Nigeria’s energy investment over the years have received!-->!-->!-->!-->!-->…
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Nigeria Suffers Production Decline as Rig Count Dips to Six
-By Fred Ojiegbe
Nigeria’s rig count dipped to six in January, as against seven in December 2020, raising fears of potential oil production decline within the period, latest data from the Organisation of Petroleum Exporting Countries,!-->!-->!-->…
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PIB: Experts tasks FG on incentives to attract investors
As Nigerians awaits the passage of the highly anticipated Petroleum Industry Bill (PIB), experts in the Oil & Gas Industry have called on the federal government to create incentives that will make international organisations committed!-->…
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LNG boss tasks FG to begin the monetization of Nigeria’s gas
...urges for taking gas sector more seriously as future of Nigeria’s energy lies with it
The Managing Director and CEO of Nigeria LNG Limited, Mr. Tony Attah has tasked the Federal Government to begin the revamping and monetization of!-->!-->!-->…
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NLNG CEO calls for increased monetization of Nigeria’s gas resources
The Managing Director of the Nigeria Liquefied Natural Gas (NLNG) Limited, Mr. Tony Attah, has stressed the need for Nigeria to urgently harness its abundant gas resources for national transformation before time runs out on the country.
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Nigeria to sell crude in Naira to Dangote Refinery
The Federal Government has concluded plans to sell crude oil to the $15 billion Dangote Refinery in Naira.
This is part of measures adopted to strengthen the currency and by extension the nation’s economy.
The governor, Central Bank!-->!-->!-->!-->!-->…
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