…Laud NCDMB for effective local content implementation …Minister identifies divestments by foreign companies as opportunity for developing in-country capacity International Oil companies and indigenous players in...
The Senate Committee on Niger Delta Development Commission (NDDC) on Thursday in Abuja frowned at non-remittance of funds owed the Commission by International Oil Companies (IOCs)....
…targets 6 months contract cycle …as active oil rigs hit 31 in 2023 from 10 in 2022 … Regulatory uncertainty drags upstream expenditure by 77.8% in...
The Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, has revealed that three oil companies have commenced importation of...
…We are determined to resolve all issues – Presidency …FG to roll-out new gas price soon — NMDPRA …NUPRC targets $100m from sale of flared gas...
…flags off Wadi-B drilling campaign in Borno state The Nigerian National Petroleum Company Limited, NNPCL, says it has cleared the outstanding $3.8 billion joint venture cash-call...
The Federal Government through the Ministry of Transportation has given International Oil Companies (IOCs) May 8 deadline to allow registered stevedoring companies deploy dockworkers to work...
In line with its mandate and continued efforts of the Nigerian Content Development and Monitoring Board (NCDMB) to support the development of in-country capacities that would...
The Nigerian Content Development and Monitoring Board (NCDMB) says major International Oil Companies (IOCs) have made significant investments in support of the ongoing development of the...
The founder of Dangote Group, Aliko Dangote, has urged the government to ensure a single-digit tax regime in the oil industry, in order to lure investment...