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Industry
Nigeria’s BUA selects France’s Axens for 200,000 bpd refinery project
Nigerian conglomerate BUA Group has selected France’s Axens for a multibillion-dollar 200,000 barrel per day (bpd) refinery and petrochemicals plant in Nigeria, the French company said in a statement on Tuesday.
Axens, which makes!-->!-->!-->…
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FG discloses when Nigeria will start exporting petroleum products
The Federal Government has disclosed that Nigeria will be a net exporter of petroleum products by 2022 with the five built refineries across the country and the 7 refineries that are currently under construction.
The disclosure was made!-->!-->!-->…
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Presidency to send PIB to National Assembly in weeks – Sylva
The Executive arm of government is to transmit to the much-anticipated Petroleum Industry Bill, PIB, to the National Assembly in a couple of weeks, according to Minister of State for Petroleum Resources, Chief Timipre Sylva.
Speaking in!-->!-->!-->…
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PIB needed in quest to reduce oil production cost — Sylva
Speaking in Abuja, Sylva also disclosed that the executive was on the verge of concluding the PIB and would be sending the bill to the national assembly within the next couple of weeks.
He said the bill was pivotal to the Federal!-->!-->!-->…
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OML 130: The Truce To Unlock $510m Gas Revenue
If there is anything the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari will be remembered for, it is his knack for resolving long-standing disputes and responding proactively to emerging!-->…
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Local Content Saves Nigeria $2bn On LNG Train 7
The pragmatic implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act has saved Nigeria the sum of US$2bn in the Engineering Procurement and Construction (EPC) contract for Nigeria LNG Train 7 Project.
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IOC’s Ready To Contribute To PIB – Total MD
The Society of Petroleum Engineers, SPE, Nigeria Council has created a focal point for stakeholders at the Nigeria Energy Industry Transformation Summit, NEITS held on Tuesday, August 25, 2020. The first day of the virtual summit saw!-->…
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Gas Expansion Programme will Create 12m Jobs – Sylva
-By Fred Ojiegbe
Federal Government plans to create 12 million jobs through implementation of National Gas Expansion Programme (NGEP), Chief Timipre Sylva, Minister of State for Petroleum Resources has said.
Chief Timipre Sylva said!-->!-->!-->!-->!-->…
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Oil, Gas Industry Must Continue to Adapt in Order to Thrive – Sarki
-By Gideon Osaka
The changes in the global energy landscape has made it imperative for the oil and gas industry to adapt accordingly in order to maintain relevance, remain competitive and thrive.
Mr Auwalu Sarki, the Director,!-->!-->!-->!-->!-->…
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NCDMB Tower Shines, Glimmer of Hope for Niger Delta Infrastructure
…As IOCs urged to return
-By Gideon Osaka
The Niger Delta region over the year has become a geographical location famous for persistent agitations by the people over the perceived neglect of the region amidst abject poverty,!-->!-->!-->!-->!-->…
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