Archives for Oil and Gas - Page 9
Petroleum Minister Commends NCDMB on skill development project
Picture CaptionMinister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri; Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, and the Executive Secretary of…
Seplat Energy CEO gets BusinessDay’s recognition for excellence, exceptional leadership
Chief Operating Officer (COO), Seplat Energy Plc, Samson Ezugworie flanked by Director External Affairs & Sustainability, Chioma Afe; Head Compliance (Operations & Market), Adebowale Eboda (left) and Senior Manager…
NNPCL Seals 800mscf Gas Supply Deal With IndoramaÂ
NNPCL logo By Ngozi Onyeakusi---NNPC Ltd. and Indorama Eleme Petrochemicals Ltd., have signed a Memorandum of Understanding (MOU) to explore and develop suitable opportunities within the remits of both parties’…
OPEC: Nigeria is second largest producer in Africa
Drums of oil The Organisation of the Petroleum Exporting Countries (OPEC) has confirmed that Nigeria’s oil production increased to million barrels per day (bpd) in August 2023 – up from…
Nigeria’s refining capacity crashes to 6,000b/d – OPEC
Drums of oil Nigeria’s crude oil refining capacity has further reduced to just 6,000 barrels per day, according to data obtained from the Organisation of the Petroleum Exporting Countries. In…
Akubuiro, Gomba, Ojomu make 2023 Shortlist of Three for Nigeria Prize for Literature
The Advisory Board for the Nigeria Prize for Literature has announced the finalists for the 2023 edition of the Prize. The shortlisted plays in alphabetical order of their titles are:…
NSA COMMENDS GOVERNMENT SECURITY FORCES, COMMUNITY SECURITY, NNPC FOR STEPPING UPÂ FIGHT AGAINST CRUDE OIL THEFT
By Ngozi Onyeakusi---President Bola Ahmed Tinubu today dispatched a high-powered delegation to the Niger Delta for stakeholder engagements and on-the spot assessment of the fight against crude oil theft in…
NLNG restates commitment to community-driven development in host communities
By Ngozi Onyeakusi---Nigeria LNG Limited (NLNG) has restated its committent to the Global Memoranda of Understanding (GMoU), signed with its host communities in 2021, to drive community-initiated sustainable development. The…
NNPCL, Afreximbank seal $3bn crude repayment deal to redeem NairaÂ
NNPCL logo The Federal Government secured a reprieve for the tumbling Naira on Wednesday, with the Nigerian National Petroleum Company Limited (NNPCL) and Afreximbank jointly signing a commitment letter and term…
Diesel price hits N950/litre, manufacturers fear shutdowns, job lossesÂ
Diesel illustration Oil marketers, on Monday, said the foreign exchange crisis in Nigeria and the recent implementation of a percent Value Added Tax on Automotive Gas Oil, popularly called diesel,…