By Diana Omueza The National Oil Spill Detection and Response Agency (NOSDRA) is collaborating with the European Union in the areas of oil spill response and environmental protection in the country’s oil-producing regions This followed a bold step toward international partnership following a strategic engagement meeting with the European UnionContinue Reading
By Emmanuella Anokam The Federal Government says it has mapped out plans to ensure an increase of about 810,000 barrels per day (bpd) of crude oil from the country’s deepwater oil fields through a new cluster and nodal development initiative. Mr Gbenga Komolafe, Commission Chief Executive (CCE), Nigerian Upstream PetroleumContinue Reading
By Lucy Ogalue The Federal Government has unveiled new National Occupational Standards (NOS) for Compressed Natural Gas (CNG) and Electric Vehicles (EVs) as part of efforts to reposition Nigeria’s automotive sector. The initiative also aims to create jobs and promote a greener economy. Minister of State for Industry, Trade andContinue Reading
By Ikenna Osuoha The House Committee on Petroleum Downstream Sector has dismissed petitions demanding sack of the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr Farouk Ahmed. The Chairman of the committee, Rep. Ikenga Ugochinyere, said this at a news conference in Abuja onContinue Reading
By Muhyideen Jimoh President Bola Tinubu, on Tuesday evening, received billionaire industrialist, Alhaji Aliko Dangote, at the State House in Abuja for a private meeting. Though brief and undisclosed, the meeting highlights the Federal Government’s continued support for private-sector-led growth in the oil and gas industry. The engagement followed PresidentContinue Reading
By Emmanuella Anokam Alhaji Aliko Dangote, President of Dangote Group, says it is troubling that Africa exports crude oil but imports over 120 million tonnes of refined fuel annually. He stated this in Abuja during the maiden West African Refined Fuel Conference, organised by NMDPRA in collaboration with S&P GlobalContinue Reading
By Emmanuella Anokam The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has called for the creation of a regional oil pricing benchmark for West Africa. The aim is to reflect the region’s unique market dynamics and reduce dependence on foreign pricing templates. Mr Farouk Ahmed, the Authority Chief Executive,Continue Reading
By Kingsley Okoye The Senate on Tuesday passed a bill to establish the Federal Oil and Gas Hospital in Benikrukru, Delta. This followed the presentation of the report by the Senate Committee on Health, chaired by Sen. Banigo Ipalibo Harry (PDP-Rivers). Harry noted that the bill was sponsored by Sen.Continue Reading
By Sandra Umeh/Adepote Arowojobe A former Deputy Editor-in-Chief of the News Agency of Nigeria (NAN), Mr Goddy Ikeh, on Monday, underscored the need for the media to join in shaping the nation’s economic growth for a greater Nigeria. Ikeh made this known at a one-day training for journalists held atContinue Reading
By Vivian Emoni The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has mandated Sterling Oil Exploration and Energy Production Company (SEEPCO), to ensure it abides by the agreement regarding community compensation. Mr Ekene Enefe, Chairman, Investment Monitoring Committee, gave the directive on Thursday in Abuja, during a meeting with aContinue Reading
