Industry

Officials of the Ghana National Petroleum Corporation (GNPC) with NCDMB personnel during a knowledge sharing and local content benchmarking visit by GNPC to Nigerian Content TowerA delegation from the Ghana National Petroleum…
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The framework agreement calls for the reopening of the Strait of Hormuz and a 60-day negotiating period focused on nuclear issues, sanctions, and regional security.U.S. officials say sanctions relief will be phased and tied to…
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Nigeria recorded a slight increase in gas production in May 2026 at 7.93bcf/d, representing a 0.63 percent year-on-year increase from the 7.88bcf/d recorded in the corresponding period of 2025. The Nigerian Upstream Petroleum…
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A major diplomatic breakthrough appears to have been achieved after the United States and Iran reached a peace agreement aimed at ending months of conflict, with a formal signing ceremony expected in Switzerland on Friday.According…
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Oil prices slipped to their lowest since March on Monday, June 15, 2026, after United States President Donald Trump ‌and Iran’s deputy foreign minister said they had reached an initial deal to end the war and to resume traffic through…
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Economists have urged the Federal Government to disregard the International Monetary Fund’s (IMF) recent recommendation to impose taxes on fuel and telecommunications services, warning that such measures would worsen inflationary…
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For millions of Nigerian families, the kitchen has become a new frontline of economic survival. As the price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has soared by 67% in just one month, households across the…
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The Nigerian Oil and Gas Park Scheme (NOGaPS) at Emeyal-1, in Ogbia Local Government Area of Bayelsa State will become operational by the fourth quarter of 2026, the Nigerian Content Development and Monitoring Board (NCDMB) has…
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Determined to build Nigerian workforce with practical skills for top careers in the local and international oil and gas industry, the Nigerian Content Development and Monitoring Board (NCDMB), in partnership with Chevron Nigeria…
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...Mobilizes Women Around Vision 2050 for a More Peaceful and Prosperous West AfricaThe various sessions highlighted the achievements of regional integration, the challenges that the West African region continues to face, and the…
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