By Emmanuella Anokam Sen. Heineken Lokpobiri, Minister of State, Petroleum Resources (Oil), has called for more investments in the oil and gas industry to ramp up production and boost foreign exchange earnings. Lokpobiri made the call on Tuesday at the Nigerian Oil and Gas (NOG) Energy Week holding in Abuja.Continue Reading
By Emmanuella The Nigerian National Petroleum Company Limited (NNPC Ltd) on Tuesday declared a state of emergency on production in oil and gas industry. The NNPCL has also called on all players in the industry to collaborate towards reducing the cost of oil production and boosting production to target levels.Continue Reading
Enact enforceable local content laws to build capacity – OfficialContinue Reading
By Emmanuella Anokam The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed its commitment to achieve 70 per cent local content by the year 2027. Mr Felix Ogbe, Executive Secretary, NCDMB said this on Monday at the Nigerian Content Seminar, a flagship programme of the 2024 Nigerian Oil andContinue Reading
By Emmanuella Anokam The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has unveiled the African Petroleum Regulators’ Forum (AFRIPERF), to drive continental aspirations in the development and utilisation of hydrocarbon resources. The commission inaugurated the AFRIPERF at its maiden roundtable on the sidelines of the Nigeria Oil and Gas (NOG) EnergyContinue Reading
By Emmanuella Anokam The Federal Government says it is focusing on diversifying the energy mix by investing in renewable energy projects, hydrogen development and enhancing the regulatory framework to attract private investments. Amb. Nicholas Ella, Permanent Secretary, Ministry of Petroleum Resources, stated this during a town hall meeting with theContinue Reading
By Emmanuella Anokam The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says there is no imported dirty fuel in the country. The Authority said it would never encourage importation of dirty fuel into the country and ensured that only quality protroleum products are consumed by Nigerians. Mr Ogbugo Ukoha,Continue Reading
By Salif Atojoko President Bola Tinubu says Nigeria remains committed to a balanced approach to energy transition. According to him, the country still requires substantial investments in the oil and gas sector to meet its energy demands and economic needs. Tinubu made the remarks at a meeting with the GroupContinue Reading
By Emmanuella Anokam The Minister of Finance/Coordinating Minister of the Economy, Mr Wale Edun has described the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project as critical to the industrialisation and economic growth of Nigeria. Edun stated this on Friday, during a working visit of three cabinet Ministers to the AKK gas pipelineContinue Reading
By Aisha Gambo Wale Edun, Minister of Finance and Coordinating Minister of the Economy,, says the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project has reached 90 per cent completion stage. The minister said this in Kaduna during an inter-ministerial visit to the gas pipeline project at River Kaduna HDD crossing site. HeContinue Reading
