Archives for Oil and Gas - Page 3
NCDMB seeks stronger indigenous control of Nigeria’s oil, gas value chain
Director of Monitoring and Evaluation at NCDMB, Mr. Esueme Dan Kikile, stated this at the opening of the 2026 Nigerian Oil & Gas Midstream & Downstream Summit in Lagos, yesterday…
UNIPORT, UNIBEN Emerge Regional Winners of NCDMB-sponsored Engineering Olympiad
BY NGOZI ONYEAKUSI The competition is a nationwide engineering, innovation and entrepreneurship competition launched in 2025 by a non-profit organization, Enactus Nigeria, in partnership with the…
NCDMB to Host 2026 Midstream, Downstream Stakeholders Summit
BY NGOZI ONYEAKUSI NNCDMB ES Ogbe The Nigerian Content Development and Monitoring Board (NCDMB) is set to host the 2026 Oil & Gas Midstream & Downstream Stakeholders Summit. The event is scheduled…
Nigeria meets 99.2% of OPEC crude oil production in April
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that in April 2026, Nigeria met per cent of its Organisation of Petroleum Exporting Countries (OPEC) crude oil production quota of…
Seven OPEC countries increase production by 188,000b/d
The seven Organization of Petroleum Exporting Countries (OPEC)+ countries, have voluntarily increased their production by 188,000 in June 2026. It was previously announced additional voluntary adjustments in April and November…
Seplat Energy Grows 2026 Q1 Revenue to $840.7m, Gross Profit Hits $370.5m
BY NGOZI ONYEAKUSI … Achieves over million hours without Lost Time Injury Seplat Energy PLC, foremost Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has…
Brent oil rises 7% on report US considering military options to break Iran deadlock
Brent oil prices rose as much as 7% on Thursday on a report the is considering potential military action against Iran to break the deadlock in negotiations to end the…
Nigeria Recovers 85% Of Lost Oil Production on Improved Security
The improvement in crude oil production output from 960,000 barrels per day (bpd ) to million bpd in Nigeria represents a restoration of approximately 78 to 85 per cent of…
Petrol nears N1,400/litre as Dangote hikes price
The pump prices of Premium Motor Spirit (petrol) are nearing N1,400 per litre in many parts of the country as the United States and Iran fail to agree on a…
Waltersmith showcases expanded refinery to NCDMB, NMDPRA
…plans for condensate refinery, industrial park The Executive Secretary NCDMB, Engr. Felix Omatsola Ogbe on Thursday joined the Authority Chief Executive (ACE) of the Nigerian Midstream and Downstream Petroleum Regulatory…
