Oil & Gas
Local content policy drives indigenous companies’ 60% oil, gas production – Lokpobiri
The local content policy has enabled Nigerian indigenous companies to account for more than 60 per cent of the country’s oil and gas production.
Tag: Sen. Heineken Lokpobiri
Oil & Gas
FG tasks petroleum engineers to drive 3m barrels oil production target
The Federal Government has tasked petroleum engineers and other industry professionals with supporting its drive to increase Nigeria’s crude oil production to three million barrels per day (bpd) by 2030.
Oil & Gas
Nigeria ‘ll expand refining capacity to serve African market – FG
The Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, says Nigeria will expand its refining capacity and petroleum infrastructure to position the country as West Africa’s energy and trading hub.
Oil & Gas
FG commissions PwC to benchmark oil sector fees, levies globally
The Federal Government has commissioned PricewaterhouseCoopers (PwC) to undertake a global benchmarking of taxes, fees and levies in Nigeria’s oil and gas industry to enhance investment competitiveness and attract investors.
Oil & Gas
Nigeria targets 2.5mbpd oil output – Lokpobiri
The Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, says Nigeria's is targeting a crude oil production output of 2.5 million barrels per day (mbpd).