Journalists under the aegis of the Association of Energy Correspondents of Nigeria (NAEC) are rallying stakeholders in the oil industry for its annual strategic conference. The NAEC Conference is a flagship event of the association that brings together stakeholders in…
Given the importance of Research and Development to growing Nigerian Content in the oil and gas industry and meeting the objectives of the Nigerian Content 10-year strategic roadmap, the Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday began a…
Oil and gas industry stakeholders and leading academics on Tuesday began a three-day Research and Development (R&D) Zonal Workshop at the Niger Delta University (NDU), Amassoma, with special focus on needs-driven research and deepening of collaboration and linkages, sponsored by…
$14 trillion investment in the oil and gas industry between 2024 to 2045 will be required to meet global demands per the Organisation of the Petroleum Exporting Countries (OPEC). The Secretary-General of OPEC, Haitham Al-Ghais, made this known while fielding…
By Ibiyemi Mathew Following the ambiguity in the Petroleum Industry Act (PIA) to clearly spell out the roles of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) without conflicting, both agencies have been in…
Nigeria’s oil sector contributed 5.66 per cent to the country’s total real gross domestic product (GDP) in Q3 2022. This is according to the Nigerian GDP report for Q3/2022, released Thursday, November 24 by the National Bureau of Statistics (NBS).…
