Archives for Oil and Gas - Page 10
Nigeriaâs Crude Oil Underproduction Losses Hit N6.8tn in Seven MonthsÂ
Drums of oil Nigeriaâs inability to ramp up production to meet the Organisation of Petroleum Exporting Countries (OPEC) output quota cost the country a gross loss of about trillion in…
Forex crisis: Marketers propose N720/litre, suspend fuel importsÂ
Drums of oil Oil marketers, on Sunday, indicated that the cost of Premium Motor Spirit, popularly called petrol, would rise to between N680/litre and N720/litre in the coming weeks should…
NCDMB seeks corporate governance for indigenous oil firmsÂ
Executive Secretary NCDMB The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Simbi Kesiye Wabote, says indigenous oil and gas companies must inculcate the principles of corporate governance in their operations…
Local Content: NCDMB Espouses Benefits Of Insurance Industry CollaborationÂ
Executive Secretary NCDMB Â The Nigeria Content Development Monitoring Board, NCDMB, has craved the understanding and support of the insurance sector to strengthen the Boards desire towards the implementation of the…
Local Content Board Issues Policy On In-Country ManufacturingÂ
Executive Secretary NCDMB By Ngozi Onyeakusi---The Nigerian Content Development and Monitoring Board (NCDMB) has resolved to issue policy directives on in-country manufacturing capabilities of pumps, flanges, valves, and other major…
Why locally produced petrol will be expensive â Refiners
Drums of oil Hopes of adequate local refining capacity to augment the high volume of Premium Motor Spirit (PMS) imports appear to fading fast as the Crude Oil Refineries Owners…
NNPCL, partners to add 192,000bpd to crude production
NNPCL logo The Nigerian National Petroleum Company Limited and its joint venture partners plan to add about 192,000 barrels of crude oil per day to Nigeriaâs oil production between…
NCDMB: Local Content Participation in Oil, Gas Industry Rose 107% in Five YearsÂ
Simbi Wabote The Nigerian Content Development And Monitoring Board (NCDMB) yesterday disclosed that local content in the oil and gas sector grew from 26 per cent to 54 per cent…
Seplat Energy, CEO recognised for excellence at Excel Africa Awards
Director, External Affairs and Sustainability, Seplat Energy Plc, Chioma Afe; and Manager, Corporate Communications, Stanley Opara, receive the âExcellence in Energy Leadership Company of the Year 2023â and âEnergy Personality…
IPMAN Says No Plan To Further Hike Petrol Price To N700/Litre
Fuel By Ngozi Onyeakusi--- Independent Petroleum Marketers Association of Nigeria (IPMAN) has dismised alleged plan by the association to increase pump price of Premium Motor Spirit (PMS) also known as…