The Nigerian National Petroleum Company Limited (NNPC Ltd) is at the final stage of getting listed in the capital market, in keeping with the provisions of the Petroleum Industry Act (PIA) 2021. This was disclosed by the Company’s Chief Finance and Investor Relations Officer (CFIO), Mr. Olugbenga Oluwaniyi, at a consultative meeting with partners at […]
President Bola Tinubu has approved the nomination of four new members to the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB), filling existing vacancies and strengthening the board’s capacity. The approved nominees are Mr. Olusegun Omosehin of the National Insurance Commission (NAICOM) and Engr. Wole Ogunsanya of the Petroleum Technology Association of […]
The Department of Development and Production of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has convened a strategic engagement with key industry stakeholders in its quest to tackle financial and rig supply challenges facing Nigeria’s Upstream Oil and Gas sector. The engagement brought together operators, rig owners, service providers, financiers, and regulatory experts to explore […]
The Nigerian Content Development and Monitoring Board (NCDMB) has assured women entrepreneurs in oil and gas of its preparedness to assist them in capacity building and funding as well as integration in the industry value chain. Speaking at the opening ceremony of a four-day Executive Entrepreneurship and Management Workshop for women in Port Harcourt, the […]
Six vessels carrying about 1.7 million barrels of jet fuel from the Nigeria’s Dangote refinery have arrived at U.S. ports this month, Reuters has reported and confirmed by the data from ship-tracking service company Kpler . It was also reported that another vessel, Hafnia Andromeda, is set to arrive at the Everglades terminal on March […]
….Performs groundbreaking of Nsik’s 10MMSCF/D CNG Mother Station Facility Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has commissioned the first modular LPG extraction plant and a 20-megawatt gas-to-power project at Otakikpo field, owned by Green Energy and Lekoil Joint Venture (JV) in Rivers State. Prior to the commissioning, the JV management took […]
The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe has emphasized the critical need to balance climate action with economic realities. This was contained in his address at the Decarbonisation and Energy Sustainability Forum (DESF) held in Abuja, Nigeria. With the theme, Navigating the Global Energy Transition, Leveraging Decarbonisation […]
…Advocates Inclusivity in Technical Fields NNPC Retail Limited (NRL) marked another milestone by successfully hosting She-Fix 2025, a landmark event dedicated to empowering women in the automotive, technical, and energy sectors and commemorating International Women’s Day. The event, which took place recently at The Stable Center, Surulere, Lagos, attracted over 300 active participants as part of […]
The Nigeria crude oil pipeline transportation facility has witnessed hiccups in the movement of its product from the production platform to the export storage terminal in Bonny, Rivers State. This is owing to a huge pipeline explosion witnessed along the Trans-Niger Pipeline operated by Renaissance formally Shell Petroleum Development Company and the Nigerian National Petroleum […]
As part of strategies to increase Nigeria’s crude oil production, the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has in Yenagoa joined the Nigerian Content Development and Monitoring Board (NCDMB), and other key entities of the oil industry to chart a pathway to sustainable growth and prosperity in oil and gas host […]
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