25.2 C
Lagos
Sunday, January 18, 2026

Oil & Gas

Reps secure seven major oil firms’ commitment to settle $37.4m debt

The House of Representatives has secured the commitment of seven major oil companies to pay the $37,435,094.52 (approximately ₦58 billion) owed the country before...

NCDMB acquires 20% equity in 100kbpd refinery project

The Nigerian Content Development and Monitoring Board (NCDMB) has sealed a deal to acquire 20 per cent equity in a 100,000 barrels per day...

Govt vows to address North-East energy challenges, promotes gas-powered economy

The Federal Government of Nigeria has reaffirmed its commitment to tackling the energy challenges plaguing the North-East region, ensuring that clean energy becomes accessible...

NCDMB rallies NNPC, oil producers to boost in-country manufacturing of line pipes

The Nigerian Content Development and Monitoring Board (NCDMB) on Thursday, March 6, 2025, achieved a much-needed consensus among critical oil and gas industry stakeholders...

NNPC, FIRST E&P announce oil discovery in OML 85

The Nigerian National Petroleum Company Limited (NNPC Limited) and FIRST Exploration & Petroleum Development Company Limited (FIRST E&P) Joint Venture (JV) have made a...

African national oil companies drive exploration, production through IOC collaboration

Africa’s national oil companies (NOCs) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. By strengthening their balance-sheets through partial...

Group commends Tinubu on improved crude oil production

The Tinubu Stakeholders Forum (TSF) has commended President Bola Tinubu’s administration for the increase in rig count from 19 to 40, with projections of...

Infrastructure key to developing Nigeria’s gas resources – Shell

Shell has called for the development of infrastructure to promote the  growth of domestic gas and monetisation of the resource. “The infrastructure will support the...

Latest news

Aid cuts push 1.2m in Northeast Nigeria deeper into hunger, WFP warns

The World Food Programme (WFP) says aid cuts have pushed at least 1.2 million people in Northeast Nigeria deeper...
- Advertisement -spot_imgspot_img

African Heads of State confirm attendance at Nigeria International Energy Summit 2026

The Nigeria International Energy Summit (NIES) has announced the confirmation of distinguished African Heads of State for its 2026...

Lagos begins on-site assessment of informal spaces

The Lagos State Government has commenced on-site assessment of informal spaces across key corridors of the state, beginning with...

Must read

Aid cuts push 1.2m in Northeast Nigeria deeper into hunger, WFP warns

The World Food Programme (WFP) says aid cuts have...

African Heads of State confirm attendance at Nigeria International Energy Summit 2026

The Nigeria International Energy Summit (NIES) has announced the...
- Advertisement -spot_imgspot_img

You might also likeRELATED
Recommended to you

NiMet forecasts three-day sunshine, cloudiness

The Nigerian Meteorological Agency (NiMet) has predicted a sunny...

Rooftop solar can bridge India’s gap in rural health services, says report

Solar powered primary healthcare centres (PHCs) in Chhattisgarh admitted...

Mercury treaty approves first five projects of Convention

The Minamata Convention on Mercury has approved five projects...
×