Mining Sector Reforms Creating Jobs, Security, Revenue – Alake
The ongoing reforms in the mining sector are creating jobs, security and revenue, the Minister of Solid Minerals Development, Dr. Dele Alake has disclosed.
Addressing the nation at the maiden edition of the ministerial sectoral!-->!-->!-->!-->!-->…
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Upstream: NNPC, Schlumberger Sign Pact to Boost Operations
(r) Group Chief Executive Officer, NNPC Ltd., Mr. Mele Kyari presents a souvenir to the Chief Executive Officer of Schlumberger (SLB), Mr. Olivier Le Peuch, during the signing ceremony of a technical partnership agreement on bolstering!-->…
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NNPC, Two Others Launch First EV Charging Station In Abuja
NNPC New Energies Limited (NNEL), a subsidiary of the national oil company, Shafa Energies and Nigus International, Thursday launched Nigeria’s first Electric Vehicle (EV) charging station, marking a major step for the country’s!-->!-->!-->…
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Crude Oil Production: Nigeria Hits 159.2mb in First 4 Months – NUPRC
Data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) revealed that Nigeria’s crude oil production surged to 159,158,191 barrels in the initial four months of 2024, showcasing a significant uptick compared to!-->!-->!-->…
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FG expects $20bn oil inflows in coming months, after TotalEnergies snub
…Awaits $10bn deep offshore deal in few weeks
….Says IOCs coming back
The federal government of Nigeria, through the Ministry of Petroleum (oil), has announced it’s expecting to achieve a minimum of $20 billion worth of!-->!-->!-->!-->!-->!-->!-->…
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Bonga is Asset of the Year in Shell Group
Akunbor
By Saidu Abubakar
Nigeria’s premier deep-water development, Bonga, operated by Shell Nigeria Exploration and Production Company Limited (SNEPCo) has won the coveted Asset of the Year award in the Shell Group for 2023, the!-->!-->!-->!-->!-->…
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PTDF moves to bridge professional gaps in renewable energy
The Petroleum Technology Development Fund, PTDF, said its foreign overseas scholarship scheme has been refocused to bridge identified skilled gaps in renewable energy in line with its mandate to build capacity within the oil and gas!-->!-->!-->…
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Minimum Wage: ‘What N18,000 could buy in 2011, you need almost N200,000 to buy it today’ – Osifo
The Trade Union Congress (TUC) has rejected the revised minimum wage of N54,000 proposed by the Federal Government, citing the significant devaluation of the naira since 2011.
In a monitored interview with Arise News, TUC President!-->!-->!-->!-->!-->…
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Oil production Now 1.7mbpd – Kyari says
…as stakeholders ask for technical details for Kolman River and Bornu Basin Discoveries
The Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, says Nigeria’s oil production has!-->!-->!-->!-->!-->…
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Most oil pipelines in Nigeria were built almost 70 years ago, have outlived their lifespans —…
The Minister for State for Petroleum Resources, Heineken Lokpobiri, says the majority of Nigeria’s oil pipeline infrastructure was constructed around 70 years ago when the country first discovered oil.
He noted that these facilities!-->!-->!-->!-->!-->…
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