Oil & Gas (Page 61)

By Ella Anokam The Nigerian National Petroleum Company Limited (NNPCL) on Thursday said that Nigerians have missed enormous infrastructure development due to the protracted fuel subsidy regime in the country. The NNPCL disclosed that the amount spent on fuel subsidy payment could provide 7,500km of road network at N400 millionContinue Reading

By Ella Anokam Sen. Margery Okadigbo, Board Chairman, Nigeria National Petroleum Company Limited (NNPCL) has emphasised the need to promote gender equality in the energy sector in view of its huge benefits. Okadigbo made this known on Wednesday in Abuja at the commemoration of the International Women Day by theContinue Reading

By Ella Anokam Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has inaugurated the Midstream and Downstream Oil and Gas Industry Service Permit (MDOGISP) application portal to enhance effective service delivery. The News Agency of Nigeria (NAN) reports that the portal, which will be effective from March 31, is aimedContinue Reading

By Ella Anokam The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has unveiled six gazetted regulations to spur investment and economic growth in the midstream and downstream sectors of the petroleum industry. The News Agency of Nigeria (NAN) reports that the regulations which were unveiled on Wednesday in AbujaContinue Reading

By Ella Anokam An Associate Professor, Olanrewaju Aladeitan has urged other gas producing countries to take advantage of the vacuum created by the non-supply of oil to Europe by Russia and expand their gas projects to penetrate the European market. “This is where countries like Qatar and Nigeria come in,”Continue Reading

By Ella Anokam An Oil and Gas Expert, Olanrewaju Aladeitan, has lauded the new oil and gas discoveries in Nigeria, which indicate that the country has huge gas reserves. The expert said Nigeria could be more described as a gas country than a crude oil country because it had trillionsContinue Reading

By Ella Anokam The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says it is planning a production based lending engagement to assist the 2020 Marginal Field Bid Round licences awardees to source needed capital. The NUPRC said it would help the awardees to commence full field development toward hitting first oil.Continue Reading

By Ella Anokam The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Wednesday trained 65 Fire Wardens and Marshals on safety, emergency response and fire-fighting techniques. The Fire Marshals training was organised in Abuja by the NUPRC in collaboration with the Federal Fire Service (FFS). Speaking at the training, Mr EmmanuelContinue Reading