Industry

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…
Read More...

· NCDMB promises two additional modular refineries · NNPC woos potential investors By Teddy Nwanunobi The Minister of…
Read More...

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…
Read More...

…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…
Read More...

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…
Read More...

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…
Read More...

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. …
Read More...

…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…
Read More...

Members of the House of Representatives in an investigative hearing disagreed with the management of Addax Petroleum over the transfer of ownership of its assets to a Chinese company, SINOPEC, without the consent of the Ministry of…
Read More...

The Nigerian National Petroleum Corporation, NNPC, has launched a bidding process for the provision of operations and maintenance (O&M) services at three petroleum refineries in Nigeria. The select refineries are Port Harcourt…
Read More...