Oil & Gas - TheDailyNG

Energy Ministers, Kyari, Komolafe, Aduda, others to lead discussion at NAEC Conference

Leave a Comment / Business, Nigeria, Oil & Gas, POLITICS NIGERIA / Ayomide Oginni

Energy Ministers, Kyari, Komolafe, Aduda, others to lead discussion at NAEC Conference Energy Ministers, Ekperikpe Ekpo, Minister of State for Petroleum Resources(Gas), Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), Gabriel Tanimu Aduda, Permanent Secretary, Ministry of Petroleum Resources, Engr. Gbanga Komolafe, Chief Executive Officer, Nigeria Upstream Regulatory Commission, and the Group Chief Executive […]

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NCDMB, NNPC, IOCs Sign Agreement, Target 6 MonthsOil Industry Contract Cycle

Leave a Comment / Business, Nigeria, Oil & Gas, Oil Output / Ayomide Oginni

NCDMB, NNPC, IOCs Sign Agreement, Target 6 MonthsOil Industry Contract Cycle With the goal of quickly ramping up Nigeria’s flagging crude oil production, ensuring compliance with the provisions of the Nigerian Content Act, and timely approvals of documents,the Nigerian Content Development and Monitoring Board (NCDMB) on Monday in Abuja signed a Memorandum of Understanding (MoU)

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Probe missing $15bn, N200bn of oil revenues, SERAP tells Tinubu

Leave a Comment / Nigeria, Oil & Gas, POLITICS NIGERIA / Ayomide Oginni

Probe missing $15bn, N200bn of oil revenues, SERAP tells Tinubu Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to “set up a presidential panel of enquiry to promptly probe the grim allegations that over US$15 billion of oil revenues, and N200 billion budgeted to repair the refineries are missing and unaccounted

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OIL MARKET: Prices hover at $96.05 per barrel as traders take profit

Leave a Comment / Oil & Gas, Oil Output / Ayomide Oginni

OIL MARKET: Prices hover at $96.05 per barrel as traders take profit By Our Correspondent The prices of crude oil that had surged toward $100 per barrel has dropped slightly to $96 per barrel in the international market. For instance, the price of Nigeria’s Bonny Light, which stood at $97.17 per barrel, on Wednesday,

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NNPC/SNEPCo supports special need pupils in five-year partnership with Irede Foundation

Leave a Comment / Oil & Gas, Business, Nigeria / Ayomide Oginni

NNPC/SNEPCo supports special need pupils in five-year partnership with Irede Foundation A partnership between the Nigerian National Petroleum Company Limited, Shell Nigeria Exploration Company Limited (NNPC/SNEPCo) and an NGO, The Irede Foundation has been supporting pupils living with disabilities with prosthetic limbs and training to enable them to acquire education and lead productive lives.

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NCDMB’s Support is Causing Us to Think Upgrades, Additional Investments”

Leave a Comment / Oil & Gas, Oil Output / Ayomide Oginni

NCDMB’s Support is Causing Us to Think Upgrades, Additional Investments” The Chief Operating Officer of MicCom Cables and Wires, Bukola Adubi, has said that as a result of the support her company is getting from the Nigerian Content Development and Monitoring Board (NCDMB), through its effective and efficient implementation of the Nigerian Oil and Gas

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JUST IN: Price of Qua Iboe rises over $100 per barrel

Leave a Comment / Business, Oil & Gas, Oil Output / Ayomide Oginni

JUST IN: Price of Qua Iboe rises over $100 per barrel By Eyo Nsima The price of Qua Iboe has surged over $100 per barrel as inadequate oil supply continues to affect the international market. The current price is the highest since 2022 when the world experienced a shortfall, due mainly to the Russian invasion

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Gas to play a significant role in Africa’s energy mix, says NLNG’s MD

Leave a Comment / Oil & Gas / Alison Godswill

Gas to play a significant role in Africa’s energy mix, says NLNG’s MD Natural gas should and will play a significant role in Africa’s energy mix to meet the demands arising from rapid population growth and economic expansion, as well as the need for affordable access to clean energy and supply security for industrialisation,

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AJERAP forecasts oil prices at $70 - $90, presents Outlook August 8, 2024

AFRICA: Algeria, Libya, Nigeria emerge top three in oil, gas activities

Leave a Comment / Oil & Gas / Alison Godswill

AFRICA: Algeria, Libya, Nigeria emerge top three in oil, gas activities By Eyo Nsima, Editor Algeria, Libya and Nigeria have emerged as the top three nations in terms of oil and gas activities in Africa. Algeria Based on rig count, a major index of measuring activities, on a month-on-month, MoM basis, the rig count

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PIA: Spaces for Change, NEITI, NUPRC, others task communities on Host Community Development Trusts

Leave a Comment / Oil & Gas / Alison Godswill

PIA: Spaces for Change, NEITI, NUPRC, others task communities on Host Community Development Trusts By Eyo Nsima The Executive Director, Spaces for Change, S4C, Victoria Ibezim-Ohaeri, has urged communities to embrace opportunities offered by Nigeria’s Petroleum Industry Act, PIA, in order to achieve sustainable development. She said unlike in the past when communities were denied

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