Industry

The Nigerian Content Development and Monitoring Board (NCDMB) has partnered the Industrial Training Fund (ITF) to train 255 Nigerian youths in nine vocational skills. The Board in a statement said the six months training programme,…
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On December 12, 2017, the Vice President, Yemi Osinbajo, was at Ibefun, Ogun State to commission Africa’s largest tank farm built by indigenous oil and gas company, Petrolex Oil and Gas Limited. The property is the site of a 300 million…
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Nigerian Union of Petroleum and Natural Gas workers (NUPENG) has declared that there would be no industrial action or protest over recent hike in price of Premium Motor Spirit (PMS) also known as petrol and the electricity tariff increase…
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The Minister of State for Petroleum Resources Timipreye Sylva says the Petroleum Industry Bill (PIB) is on the verge of being passed. The Petroleum Industry Bill (PIB) is expected to provide a legal framework for the operations of both…
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The Department of Petroleum Resources (DPR) has said that every molecule of hydrocarbon produced in the country is being accounted for with its sophisticated real time monitoring platform and stories about crude oil and gas theft are…
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The Department of Petroleum Resources, DPR, Wednesday said that as a revenue collection agency for revenues accruable to government from oil and gas industry operations, it will redouble efforts to surpass its 2020 target. The agency…
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Dr Mohammed Ibrahim, Chairman, National Gas Expansion Programme (NGEP), says the promotion of gas as replacement fuel will save Nigeria the much-needed foreign exchange expended on importation of refined petroleum products. The News…
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*NNPC owned & operated Port Harcourt Refinery The rehabilitation and upgrade of the Port Harcourt Refining Company, PHRC, will be concluded in the first quarter of 2023, the management has said. Managing Director of the Port…
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San Leon Energy, the independent oil and gas production, development and exploration company focused on Nigeria, has conditionally agreed to invest US$7.5 million by way of a loan to Decklar Petroleum, the local subsidiary of Asian Mineral…
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Oil minister promises attractive fiscal framework for gas in new bill A new version of the executive bill, which is slated to be submitted before National Assembly in the next few weeks, New Telegraph gathered, guarantees attractive…
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