Nigeria Oil and Gas Industry

Nigeria has pledged to return to a petroleum exporting country before end of 2023. Group chief executive officer of the Nigerian National Petroleum Company Limited, Mele Kyari, said the country would at the time also stop importing…

The full deregulation of the downstream sector of the Nigerian oil and gas industry stands to make Nigeria to become a refining hub in Africa, the Chairman, Major Oil Marketers Association of Nigeria, MOMAN, Tunji Oyebanji has said. …

Upstream has reported Total is seeking downhole equipment for its operations in OML 130 in Nigeria. Total Says Africa is at the Heart of its Long-Term Strategy In a recent tender, Total said there is opportunity for interested and…

…Says Nigeria not at par with Saudi Arabia The Trade Union Congress of Nigeria has condemned the petrol comparison between Nigeria and Saudi Arabia made by the President, Muhammadu Buhari in his Independence Day…

…says search in Benue attracting attention of IOCsAn expert has confirmed that the exploration of oil in the Benue Trough by the Nigerian National Petroleum Corporation (NNPC) is attracting the…

The African Leadership Magazine has conferred the African Leadership Commendation Award on the Group Managing Mirector of the Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari. The award was conferred on him at the 5th…

Nigeria Outlook has clear oil exploration potential but government policy on the sector is unclear, with one option being a switch to gas. Companies working in Nigeria’s energy sector have called for a faster rate of change from the…

Nigeria is considering selling shares in its state oil company, which dominates Africa’s biggest petroleum industry and has been central to corruption scandals that have wracked the West African nation since crude was discovered there in…

Another fuel price hike is imminent as President Mohammadu Buhari tells Nigerians to prepare for a reality-based price adjustment on the prices of petroleum products in the country. He said that Nigeria has the cheapest price for petrol…

The Nigerian oil and gas industry, Chevron Nigeria Limited is strategic to the overall socio-economic development of the country. It is an industry that thrives on partnership with key stakeholders. Organizations within the industry are…

Beside the uncertainties created by the non-passage of the 20-year old Petroleum Industry Bill (PIB), the decline in exploration activities in the upstream sector of the Nigerian oil and gas industry has been attributed to unfavourable…

The NLNG Board of Directors has approved an increase in the company’s dedicated volume of domestic Liquified Petroleum Gas (LPG) supply from 350,000 to 450,000 metric tonned per annum, the Chief Executive Officer, NLNG, Tony Attah has…

In continuation of their social corporate responsibility programmes targeted at empowering vulnerable women and youths across the country, NNPC, Total and partners have officially handed over a women and youth development centre in…

…As Kyari Craves Speedy Passage of PIB In keeping with the objectives of the United Nation’s 2030 Agenda for Sustainable Development and the Paris Climate Accord, the Nigerian National Petroleum Corporation…

       …As Buhari presents 2021 budget next weekThe Nigerian National Assembly Joint Committee on Petroleum Resources (Downstream), Petroleum Resources (Upstream) and Gas have reportedly had preliminary engagements with the Federal…

Nigeria’s minister of state petroleum resources, Mr Timipre Sylva, has warned Nigerians to be wary of their fate as the days of oil are now numbered. Speaking in Abuja at an interactive meeting with the leadership of the National…

       …P&ID fined £70,000A London Commercial Court has ordered for the release of the $200million guarantee put down as security for the stay of execution granted Nigeria for the appeal filed against the judgment of Justice…

       …SEEPCO says it has invested over $600mThe Nigerian National Petroleum Corporation (NNPC) and Sterling Exploration and Energy Production Company (SEEPCO) have signed an agreement for the development and commercialisation of gas from…

The leadership of the National Assembly said yesterday that the Ninth Assembly will break the jinx of not being able to pass the Petroleum Industry Bill (PIB) after several attempts. President of the Senate, Ahmad Lawan and the Speaker…

Petroleum Technology Association of Nigeria (PETAN) Announces Details of Inaugural West African International Petroleum Exhibition and Conference (WAIPEC) to Launch in February 2017. During the three-day event, delegates will have the…