As Nigeria seek for sufficient crude oil production to salvage her domestic refineries consumption and industrial stakeholder calling for all encompassing efforts to forestall unforeseen shortage in supply, the recent OPEC release as placed Nigeria in a top spot of being the current crude oil producer in Africa ahead of its competitor Angola. According to […]

The Executive Secretary Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has warned that Nigeria might resort to importing crude oil for its upcoming and existing refineries if concerted efforts are not made to increase the current low production numbers. He gave the warning in his goodwill message at the 41st Annual […]

The Rural Electrification Agency (REA) the commissioning of Nigeria’s first Interconnected Hybrid Solar Mini-Grid in the Toto community of Nasarawa State, scheduled for tomorrow, November 9, 2023. This event marks a significant advancement in the nation’s pursuit of universal electricity access and sustainable energy solutions. In a robust collaboration with Powergen Nigeria Limited and Abuja […]

The Nigerian National Petroleum Company Limited (NNPC Ltd.) will continue to collaborate with the Nigeria Extractive Industries Transparency Initiative (NEITI) and all relevant stakeholders in the Reconciliation Committee set up by President Bola Ahmed Tinubu to investigate, review and reconcile the financial records on alleged indebtedness to the Federation by both NNPC Ltd. and the […]

The NNPC/Aiteo Joint venture has announced the introduction of Nembe Crude Oil Grade, a new crude oil grade into the international crude oil market. The announcement of the Nembe Crude Oil Blend, produced by Aiteo, the Operator of the NNPC/Aiteo Oil Mining Lease (OML) 29 Joint Venture (JV), was made at the ongoing Argus European […]

The management of Heritage Energy Operational Services Limited (HEOSL) and other indigenous oil and gas companies have been advised to adopt strict corporate governance guidelines in their operations if they want their firmsto grow sustainably. The companies were equally encouraged to comply with the provisions of the Nigerian Oil and Gas Industry Content Development (NOGICD) […]

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has provided insight into how the lingering conflict between Russia and Ukraine has impacted Nigerian crude in the international market leading to a dip in demand from the once-dependable Asian market at the onset of hostilities in the Eastern bloc. Maryamu Idris, Executive Director, Crude & Condensate, NNPC […]

The ongoing construction of the $5bn Train-7 project being undertaken by the Nigeria Liquefied Natural Gas (NLNG) at Finima, Bonny Island, Rivers State has reached 52 percent and currently engages 8,300 Nigerians of diverse skill sets. These facts emerged on Friday as the Management of the Nigeria LNG Limited led by the Managing Director, Dr. […]

Nigerian National Petroleum limited is currently concluding plan to make a maiden crude oil supply to the recently commissioned 650,000 barrel-per-day Dangote oil refinery with up to six cargoes of crude oil in December to be used in test runs according to various sources of information made available by Reuters. This recent revelation is coming […]

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, on Thursday commissioned the corporate Head Office and Training Academy of the hospitality conglomerate, Genesis Group Limited, in Port Harcourt, Rivers State.  The NCDMB boss lauded the firm for being the leading provider of catering services for major oil […]