The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), said that African countries must leverage the robust platform and opportunities presented by the African Continental Free Trade Area (AfCFTA) agreement. Wabote said that this is key to drive home…
Some participants at the ongoing Offshore Technology Conference (OTC) in Houston, Texas, United States have decried the low turnout of Nigeria’s industry officials at the conference. They said the officials including operators, regulators, government functionaries and members of the National…
By Uthman Salami The Nigerian National Petroleum Company Ltd. (NNPC) revealed that Nigeria in the first three months of 2022 made $565.5 million export sales of crude oil and Gas, latest data on the company’s website reveals. The data shows…
The Organisation of the Petroleum Exporting Countries (OPEC) said the ongoing war by Russia in Ukraine is causing huge volatility for the global energy market. Mr Mohammad Barkindo, OPEC Secretary-General, made the assertion while speaking at the virtual 62nd Meeting…
The Federal Government said it is focusing on exploitation of gas to close the gap that can be created by less use of petrol, diesel and other fossil fuels, following the gradual exit from fossil fuels. The Chairman, Board of…
By Uthman Salami A Nigerian oilfield services company, Forte Upstream Services Ltd., has received ISO 9001:2015 certification for its quality management system. The company stated this in a post via its website yesterday. He said the certificate was presented by…
By Uthman Salami The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has charged the Federal Government to come up with an energy transition policy that will still make Nigeria’s oil production relevant in the globe. President of…
By Uthman Salami The international Monetary Fund (IMF) has said Nigeria may not benefit from increased oil prices, if the government does not limit the amount of fuel subsidies it provides to citizens. According to the IMF, Nigeria and other…
Sen. Margery Chuba-Okadigbo, Chairman of the Board of the Nigerian National Petroleum Company (NNPC) Ltd., on Monday commended Nigerian delegation at the 2022 Offshore Technology Conference (OTC), in Houston, Texas, United States. Chuba-Okadigbo gave the commendation while declaring open the…
By Philemon Adedeji To reinforce efforts by Nigerian government in her 2021 Marginal Fields Bidding Rounds, the first since 2003, Oil sector stakeholders have suggested ways in which funds can be raised for Marginal Fields, as well as expanding know-how…
